JAKARTA - PT Metrodata Electronics Tbk (MTDL) managed to book revenues of IDR3.9 trillion or an increase of 13,9% in the First Quarter of 2021 compared to the same period in the previous year, which was IDR3.4 trillion.
This is supported by the increasing digital transformation which has spurred the demand for ICT products and solutions during the economic recovery period. Together with Covid-19 pandemic’s promising downward trend, MTDL is optimistic that it can continue to achieve a better performance.
Susanto Djaja as President Director of MTDL said, “We are grateful to be able to achieve double digit revenue growth amid the Covid-19 pandemic. Although there are still obstacles in terms of product supply due to the global chip scarcity as the as the basic component for several ICT products, this year is already better than last year. We are optimistic from observing the improving pandemic and economic conditions, that it can further increase MTDL's business and revenue. In addition, this economic recovery is accompanied by a growing digitalization trend and people have gotten used to utilizing digital platforms, creating a continuous demand for ICT products and solutions.”
In addition to achieving revenue growth, MTDL also managed to record an increase in net profit in the First Quarter of 2021 of IDR27.3 billion or an increase of 29.0% YoY. MTDL’s performance improvement can also be seen from the revenue of each MTDL business unit. In the First Quarter of 2021 the Distribution business unit achieved revenue growth of 14.3% YoY, while the Solution and Consulting business unit increased 11.7% YoY. (LM)