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AKR Corporindo profit jumps 37% to Rp 1,64 trilliun

19 March 2019 07:44 AM  Company: PT. AKR Corporindo Tbk[AKRA]
Rp. 3,980  +160 (4.19%)

JAKARTA - PT AKR Corporindo Tbk (AKRA) recorded a net profit of Rp 1.64 trillion in 2018, up 37% year on year (yoy) from Rp 1.20 trillion.

Based on the company's financial statements, AKRA's revenue also grew by 29% to Rp. 23.55 trillion from Rp. 18.29 trillion in the previous year. Most of the company's revenue was dominated by the fuel trading and distribution business for third parties, which accounted for Rp. 17.14 trillion.

Meanwhile, the trade and chemical distribution business contributed Rp. 5.29 trillion. The remaining revenue came from the adhesive factory business which contributed Rp 507.48 billion, and port logistics services that contributed Rp 266 billion. (MS)

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PT. AKR Corporindo Tbk [AKRA]   Rp. 3,980   +160 (4.19%)