JAKARTA – PT Indoritel Makmur Internasional Tbk (DNET) recorded growth in both revenue and net profit of 2.66% and 48.68% respectively in 2024 compared to 2023. The company’s revenue growth was driven by the Corporate segment, which accounted for 54.44% of total revenue.

According to the 2024 Financial Report released on Tuesday (8/4), DNET President Director Haliman Kustedjo reported revenue of IDR 1.42 trillion, up from IDR 1.39 trillion.

Revenue from the Corporate segment reached IDR 777.32 billion, up 16.91% from IDR 664.86 billion. Retail revenue declined 10% to IDR 564.15 billion from IDR 627.26 billion, while revenue from Other segments fell 12% to IDR 86.25 billion from IDR 97.98 billion.

The company posted operating profit of IDR 1.16 trillion, up 24.70% from IDR 935.18 billion, and profit before income tax of IDR 1.14 trillion, up 33.76% from IDR 856.81 billion. Profit attributable to the parent entity soared to IDR 1.07 trillion, from IDR 721.04 billion.

On the other hand, the company’s share price slipped 0.82% or IDR 75 to IDR 9,125, with a trading volume of 18,300 shares as of 14:52 WIB on Tuesday (8/4). Two weeks prior to the Eid holiday (27/3), the stock had gained IDR 125 to IDR 9,200, with a trading volume of 7,600 shares across 19 transactions. (LK/ZH)