PJAA - PT. Pembangunan Jaya Ancol Tbk

Rp 690

-130 (-16,00%)

JAKARTA. PT Pembangunan Jaya Ancol Tbk (PJAA), a tourism and recreation owned by DKI Jakarta government, booked net profit surge of up to 52.48% year-on-year (yoy) in 2023.

According to the recently released financial report, PJAA’s net profit in 2023 reached IDR 235.17 billion. Meanwhile, in 2022, it only reached IDR 154.23 billion.

PJAA’s net profit surge in 2023 was supported by its revenue that hit IDR 1.27 trillion, growing 32.98% yoy. For comparison, in 2022 its revenue was stuck at IDR 957.88 billion.

Tourism business line was still the major pillar of PJAA’s revenue in 2023 with the contribution of IDR 1.01 trillion. Real estate business line generated IDR 131.46 billion, followed by trading and services business line of IDR 141.62 billion.

The solid growth of PJAA’s revenue in 2023 was further supported by the high number of tourism visits to recreation park owned by the company. The number of visits to Ancol Taman Impian was recorded at 11.14 million in 2023, increasing 42.78% yoy. Then, the number of visits to Dufan Ancol is 2.23 million, followed by Samudra Ancol of 1.47 million, Sea World Ancol of 1,33 million, and Atlantis Ancol of 657 thousand.

According to IDNFinancials data, as of now, 72% of PJAA’s shares is controlled by the DKI Jakarta government. PT Pembangunan Jaya claims another 18.01%, while public investors have the remaining 9.995 (KR/ZH)