Omni Hospital Owned By Conglomerate Eddy Kusnadi Sariaatmadja Earns IDR 138 Billion Profit From Previously Lost Rp187 Billion
JAKARTA - The management of Omni Hospital owned by conglomerate Eddy Kusnadi Sariaatmadja, PT Sarana Meditama Metropolitan Tbk (SAME) managed to record a positive financial performance throughout 2021. The company posted a net profit of IDR 138 billion compared to the same period in the previous year which lost IDR 187 billion.
In the company's financial report, quoted on Wednesday 6 April, Sarana Meditama Metropolitan posted a net service income of IDR 1.27 trillion, up 55.67 percent from 2020 which was recorded at IDR 816 billion. The company's cost of revenue also increased to IDR 729 billion from the previous IDR 535 billion.
This acquisition made SAME's gross profit recorded to be IDR 542 billion, an increase of 92.79 percent compared to gross profit in 2020, which was IDR281 billion. Meanwhile, operating profit was obtained at IDR 176 billion from the 2020 period, recording a loss of IDR 33.48 billion.
Total assets as of December 31, 2021, reached IDR 4.94 trillion, up 65.25 percent from December 31, 2020, IDR2.99 trillion. Meanwhile, total liabilities amounted to IDR 517 billion, a decrease of 64.82 percent from the original IDR 1.46 trillion. Meanwhile, total equity rose 190.66 percent to IDR4.43 trillion from the previous IDR1.52 trillion.
Previously, Sarana Meditama Metropolitan had held a mandatory tender offer of 158 million public shares of PT Kedoya Adyaraya Tbk (RSGK). The company opened a tender offer for 17 percent of the public shares for IDR 1,720 per share.
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The tender offer of shares was carried out after SAME acquired the majority of Kedoya's shares until there was a change of control. Now, Sarana Meditama is the holder of 590 million shares of RSGK, equivalent to 63.48 percent of all Kedoya's issued and fully paid shares.
The management of Sarana Mediatama Metropolitan revealed that the offering is related to the position of SAME, which is now the new controller of RSGK with a majority share ownership of 590 million shares or equivalent to 63.48 percent, an increase of 71 percent compared to the previous owner of only 171 million shares or the equivalent of 18.49 percent shares.
In the future, SAME management plans to maintain and develop the RSGK business line to be in line with the company's general business strategy. Of course, taking into account the best interests of the company and the group to create a synergy between SAME and RSGK.