Adhi Karya Pockets Net Profit of IDR 69.32 Billion in the Third Quarter of 2024, Increases 194 Percent
JAKARTA, iNews.id – PT Adhi Karya (Persero) Tbk (ADHI) pocketed net profit amounting to IDR 69.32 billion up to third quarter 2024. This achievement rose 194.51 percent from the same period the previous year of IDR 23.53 billion.
Income The company's business was recorded to have fallen 19.97 percent to IDR 9.16 trillion from the previous IDR 11.44 trillion. In detail, the engineering and construction segment's revenue was recorded at IDR 7.20 trillion, the property and services segment recorded revenue at IDR 378.34 billion.
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Then, the manufacturing segment contributed IDR 1.25 trillion, and the investment and concession segment contributed IDR 315.31 billion.
In terms of expenditure, ADHI recorded a cost of revenue as of September 2024 of IDR 8.29 trillion, down from the previous IDR 10.32 trillion. ADHI's selling expenses were recorded at IDR 9.66 billion, and general and administrative expenses were recorded at IDR 598.48 billion.
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Meanwhile, ADHI's assets were recorded at IDR 34.61 trillion, down from the position in December 2023 which was recorded at IDR 40.49 trillion. The company's liabilities were recorded at IDR 25.30 trillion and were recorded at IDR 9.31 trillion.
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