Aviana Sinar Abadi Targets IDR 550 Billion In Revenue In 2023

JAKARTA - PT Aviana Sinar Abadi Tbk (IDX: IRSX) targets revenue in 2023 of IDR 550 billion. This figure jumped 241.6 percent compared to the 2022 revenue which was recorded at IDR 161.8 billion.

President Director of IRSX, Panji Pramana explained, the results of the performance in the first quarter of 2023 and 2022 reflect the company's commitment to providing added value to stakeholders and shareholders.

"We are also committed to achieving a strong performance and always growing to always be a leading company in this industry," he said in a written statement, Thursday, June 8.

Furthermore, Panji said, the target began to show its movement from the results of revenue in the first quarter of 2023 which amounted to Rp37.9 billion or an increase of 1,800 percent compared to the same period in 2022 which was recorded at Rp1.98 billion.

"This increase reflects the right and directed business strategy as well as high demand for company products and services. Seeing this positive growth, the company also targets revenue in 2023 of IDR 550 billion," he said.

In addition, net profit increased by 1.559 percent compared to the first quarter of 2022 which was recorded at IDR 91.4 million to IDR 1.51 billion in the first quarter of 2023.

In terms of assets, financial reports reveal positive growth. IRSX recorded an increase in assets in the first quarter of 2023 of IDR 97 billion to IDR 171.6 billion compared to the fourth quarter of 2022 which was recorded at IDR 74.5 billion.

This growth is due to the IPO carried out by the company in February 2023.

In addition, there is a significant decline in company liabilities. Financial reports show a 42 percent decrease in liabilities compared to the previous year.

This decline reflects effective risk management and a wise debt management policy.