MTDL starts 2022 with positive performance

29 April 2022 09:51

JAKARTA - PT Metrodata Electronics Tbk (MTDL), started 2022 with a positive performance. MTDL managed to achieve sales of IDR5.2 trillion or an increase of 33.7% YoY even amid the Covid-19 outbreak of the Omnicron variant. This is driven by the rapid growth of MTDL business as a digital solution provider and technology innovator. MTDL managed to meet various demands for digital solutions and distribution in Indonesia by forging various global partnerships.

Susanto Djaja as the President Director of MTDL said, “We are trying to improve MTDL’s performance with the support of various parties. Also, through our two main businesses, namely the Digital Distribution Business and the Digital Solutions & Consulting Business. MTDL continues to expand its collaboration, as well as complement digital products and solutions. We continue to fulfill MTDL’s commitment to becoming a leading center for the actualization of the digital economy in the era of digital transformation. The goal is to transform Indonesia into a persistent global competitor through continuous digitization.”

MTDL’s performance growth in the First Quarter of 2022 was due to various factors, from the Digital Distribution Business with the recovery in notebook supply, expansion of smartphone product brands, gaming products that are increasingly in demand, to components that continue to increase. On the other hand, the Digital Solutions & Consulting Business continues to carry out various new initiatives, such as cloud hyperscaler solutions that have collaborated with Microsoft Azure, Amazon Web Services, and Google Cloud. Then, there was also an increase in sales of subscription software and BI-FAST System MII (KOMI) converters. 

In addition to increased sales, MTDL also recorded an increase in profit in the First Quarter of 2022 by 35.4% and posted a total profit of IDR164.6 billion. Each business also experienced profit growth in the First Quarter of 2022, namely the Digital Distribution Business increased 18.1% and the Digital Solutions & Consulting Business increased 54.8%. (LM)

© 2024 - IDN Financials - All Rights Reserved.