Note 74 Percent Improvement, Astragraphia Raup Profit Ro64 Billionaire

JAKARTA - PT Astra Graphia Tbk (Astragraphia) posted a consolidated net profit as of September 30, 2022 of IDR 64 billion, an increase of 74 percent compared to the same period in 2021.

The increase in the company's net profit was supported by an increase in revenue in the document solution business unit by 10 percent as a result of the growing demand for rental services and machine purchases.

President Director of PT Astra Graphia Tbk Hendrix Pramana said revenue in the Information Technology Solution business unit also increased by 19 percent due to increased market needs in the provision of IT services, software, and hardware.

"The company's ability to manage cash flow and a better operational cycle has contributed to the increase in Astragraphia's net profit in the third quarter of 2022," he said in an official statement, Saturday, October 29.

Hendrix continued, in August and September 2022, Astragraphia through its office solution business unit run by its subsidiary PT Astragraphia Xprins Indonesia (AXI), officially launched and introduced a three-dimensional printing business (3D printing).

In addition, in July 2022, Astragraphia organized a series of Astragraphia Class sustainable training programs for Creative Industries (SIK Class) for UMK. This program was held in collaboration with the Department of Trade, Industry and Cooperatives, Small and Medium Enterprises (DagperinkopUKM) of the Buleleng Regency Government and Business & Export Development Organization (BEDO).

"Astragraphia continues to be committed to having a positive impact and expanding the coverage of beneficiaries through the sustainability aspirations that we have determined," he said.

By continuing to pay attention to financial conditions, he continued, Astragraphia has made an interim dividend payment of IDR 8 per share to the Company's shareholders on October 24, 2022.

During the third quarter of 2022, PT Astra Graphia Tbk won the TOP Digital PR Award from Infobrand. The Information Technology Solutions business unit run by AGIT's subsidiary also won the Best Gold Partner Products award from Hewlett Packard Enterprise Indonesia.

Meanwhile, the office solution business unit run by AXI's subsidiary won the TOP B2B Printing Business Services award from Printpack Indonesia.