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SUPR estimates IDR 900 billion of profit in 2022

14 December 2022 11:12

JAKARTA – PT Solusi Tunas Pratama Tbk (SUPR), a telecommunication construction provider, is confident that its net profit will reach IDR 900 billion by the end of this year.

Juliawati Gunawan Halim, President Director of Solusi Tunas Pratama, confirmed that the revenue in 2022 is projected to grow 4% compared to the numbers in 2021. “The projection of revenue growth does not include the revenue gained from PT Platinum Teknologi and subsidiaries,” she added in the public expose treatise, quoted Wednesday (14/12).

SUPR’s net profit in September 2022 reportedly clocked up to IDR 737.86 billion, while its revenue arrived at IDR 1.4 trillion. In the same period in 2021, it struggled with a loss of IDR 548.60 billion despite its revenue that reached IDR 1.55 trillion. Meanwhile, the company is currently finalising the Work Plan and Budget for 2023. Therefore, SUPR is yet to be able to publish its revenue and profit target for next year.

Throughout 2022, SUPR aims to build 300 to 400 units of new towers, while leasing 500 to 600 units of new towers, as well. (LK/ZH)

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