JAKARTA. The revenue of PT Solusi SInergi Digital Tbk (WIFI) exponentially grows by 700% to IDR 200.2 billion. In addition, digital product sales bring IDR 157.49 billion to this achievement.
Based on the financial report published on Wednesday (4/8), WIFI scores IDR 200.2 billion in revenue in the first half of 2021, soaring impressively by 700% from the number reported in H1 2020. Following the digital product sales, the advertising adds IDR 52.42 billion to the revenue, proliferating 76% year-on-year (yoy). Meanwhile, the food and beverages segments, such as coffee and catering, do not generate any income at all.
As the sales improve, its revenue cost also surges by 1,600% yoy to IDR 170 billion. This massive upturn results from the direct expenses of the digital products that reach IDR 151 billion.
In the end, WIFI still manages to secure IDR 17.78 billion of net profit, skyrocketing 406%. Furthermore, its profit per share multiplies from IDR 1.86 each to IDR 9.26 each. (AM/ZH)