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Indo Acidatama recorded a net profit of Rp 42.83 billion

02 April 2020 09:08

JAKARTA - PT Indo Acidatama recorded a net profit of Rp 42.83 billion in 2019, 10.57% higher than its record in 2018 of Rp 38.73 billion.

The company's net profit growth was supported by the growth in the company's revenue in 2019 which reached Rp 684.46 billion, 13.89% higher than its record in 2018 of Rp 600.99 billion.

Meanwhile, the company's cost of goods sold and operating expenses rose by 11.66% and 22.78%, respectively. (ARM/AR)

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