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Recovering from loss, ATIC gained profit in Q3 2022

01 December 2022 07:44

JAKARTA – The performance of PT Anabatic Technologies Tbk (ATIC) had regained its strength in the third quarter of 2022, allowing the company to score IDR 150.48 billion of net profit and rising from IDR 48.53 billion of loss seen in the same period last year.

According to the financial report quoted Thursday (1/12), said achievement was made possible by the 27.23% increase in its revenue to IDR 5.40 trillion from IDR 4.24 trillion in Q3 2021. Furthermore, there was also shrinkage in other expenses of 76.82% year-on-year (yoy).

The gross and operating profit arrived at IDR 830.73 billion and IDR 234.41 billion in Q3 2022. In the same period last year, ATIC only scored gross and operating profit of IDR 713.68 billion and IDR 107.06 billion.

The service segment contributed IDR 1.16 trillion to the revenue in Q3 2022, while the product segment dominated with IDR 4.23 trillion. User-wise, the third-party users generated IDR 5.33 trillion of revenue, covering 98% of total revenue. In the same period in 2021, the service and product segments turned in IDR 1.12 trillion and IDR 3.10 trillion of revenue. (LK/ZH)

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