JAKARTA – PT Arwana Citra Mulia Tbk (ARNA) recorded a profit of IDR 105 billion in the first quarter of 2025, a slight increase from IDR 104.8 billion in the same period in 2024. The increase aligned with a 9.24% rise in revenue during the same period.

According to the Q1 2025 Financial Report on Friday (25/4), Tandean Rustandy, President Director of ARNA, stated that the company posted revenue of IDR 690.65 billion, up from IDR 632.22 billion, while gross profit slipped 1.56% to IDR 220.43 billion from IDR 223.94 billion.

Operating profit stood at IDR 134.40 billion, down 0.60% from IDR 135.94 billion, and profit before income tax remained steady at IDR 135.69 billion compared to IDR 135.59 billion.

Revenue from related parties reached IDR 582.75 billion, or 84% of the total gross sales of IDR 693.49 billion, with the remaining IDR 110.73 billion from third parties. Sales to related party PT Catur Sentosa Adiprana Tbk (CSAP) made up IDR 462.55 billion, or 66.91% of total sales.

Geographically, ARNA’s sales in Java reached IDR 369.25 billion, while outside Java contributed IDR 321.39 billion in Q1 2025. In Q1 2024, sales in Java were IDR 351.23 billion and outside Java IDR 280.98 billion.

On the other hand, ARNA’s shares fell 1.68% to IDR 585 per share as of 15:29 WIB, Friday (25/4), trading between a high of IDR 600 and a low of IDR 580 per share. (LK/ZH)