INDUSTRY.co.id - Jakarta - PT Adhi Karya (Persero) Tbk booked a profit attributable to the holding entity of Rp205,077 billion in entries during January-September 2017 or 78% higher than Rp115.185 billion in the same period of 2016.
The management of the Indonesia Stock Exchange (IDX) on Tuesday (31/10/2017) said that the profit achievement was supported by 53% increase in operating revenues to Rp8,714 trillion at the end of September 2017 compared to Rp5.69 trillion in the same period of 2016.
In addition, the share of joint venture profits listed by Adhi Karya also jumped significantly or more than 300% to Rp119.14 billion by the end of September this year from the same period last year of only Rp26,690 billion.
Along with higher revenue, the company's cost of revenue also increased 50% to Rp7,702 trillion until the end of September this year compared to Rp5.137 trillion in the same period of 2016.
ADHI also has to accept other expenses during the period ending September 2017 of Rp9.857 billion. Whereas in the same period last year recorded revenues of about Rp147, 373 billion.
The financial burden also jumped almost doubled or to Rp293.926 billion during the period ended September this year compared to similar position in 2016 of about Rp157, 402 billion.
The total assets of the company during the first nine months of this year reached Rp24, 432 trillion or greater than 2016 about Rp20, 09 trillion.
Adhi Karya Books Net Profit Up 78 Percent Until September 2017
PT Adhi Karya (Persero) Tbk booked a profit attributable to the holding entity of Rp205,077 billion in entries during January-September 2017 or 78% higher than Rp115.185 billion in the same period of 2016.
PT Adhi Karya Tbk (Hariyanto/ INDUSTRY.co.id)
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