JAKARTA. PT Transkon Jaya Tbk (TRJA), the mining service vehicle provider, scored IDR 297.46 billion in revenue throughout January-September (9M) 2021.
The revenue gain slid off 3% from the number reported in the same period last year that reached IDR 306.6 billion. The recently released financial report showed that the said depletion resulted from the shrinking income from all of TRJA’s business lines in 9M 2021.
For example, TRJA’s revenue from the vehicle rental line decreased 2.5% year-on-year (yoy) to IDR 289.88 billion by the end of September 2021. Meanwhile, the revenue from the internet service provider business took a 19% yoy downturn to IDR 7.58 billion.
The slow revenue dragged TRJA’s net profit down 7.56% yoy to IDR 31.8 billion in 9M 2021, whereas in the same period last year, the company still managed to secure IDR 34.4 billion in its net profit.
Based on idnfinancials.com, 35.05% of TRJA’s shares are under the control of PT Damai Investama Sukses until September 30, 2021. Then another 30.07% belonged to PT MSJ Investama Abadi, 10.66% to PT Aneka, and 24.22% went to public investors. (KR/ZH)