JAKARTA – PT GTS Internasional Tbk (GTSI) recorded a significant upturn in its performance in the first half of the year, posting profit of USD 4.17 million and turning the tide from the loss suffered in H1 2021 of USD 724,390.
In the Financial Statement of H1 2022 published earlier today (18/7), Kemal Imam Santoso, President Director of GTS Internasional, also revealed that the revenue reportedly reached USD 21.14 million, proliferating from USD 9.76 million in the same period last year. Its gross profit also multiplied from USD 664,089 to USD 8.41 million, allowing the operating profit to hit USD 4.99 million from the devastating operating loss of USD 401,082 last year.
The third parties dominated the contribution to the revenue, bringing in USD 15.32 million. They include BP Berau Ltd, which gave USD 9.19 million, PT PLN Gas & Geothermal that generated USD 5.92 million, PT MOL Indonesia of USD 100,000, PT Hanochem Shipping of USD 50,000, MCGC International Ltd of USD 50,000, and Mitsui OSK Lines Ltd of USD 6,000.
On the other hand, related parties put in USD 5.81 million in total, accumulating the income from PT Humpuss Transportasi Kimia of USD 5.76 million and PT Humpuss Transportasi Curah of USD 53,308. (LK/ZH)