Issuer Owned By Conglomerate Toto Sugiri, DCII Will Spend IDR 1 Trillion For Data Center Expansion

JAKARTA - PT DCI Indonesia Tbk (DCII) will budget for IDR 1 trillion which is used to continue the expansion of data centers.

Director of Finance and Corporate Affairs of PT DCI Indonesia Tbkmengatakan bahwa melihat kebutuhan para pelanggan yang masih bertinjut meningkat, selain melanjutkan pengembangan fasilitas yang sedang berjalan, pihaknya juga sedang mempertimbangkan potensi pengembangan infrastruktur data center di lokasi lainnya.

"What is certain is that we are currently in the process of building our fifth building at the Hyperscale 1 Cibitung location of 36 megawatts (MW)," saidOK, quoting Antara.

The data center infrastructure service provider company (colocation) owned by conglomerate Toto Sugiri is also optimistic about the prospects for the development of the colocation service industry in Indonesia this year, which is still considered quite large.

"We are still optimistic to be able to aim for double-digit growth this year, in line with the investments we are making, especially to seize opportunities in the market," saidLA.

Regarding the company's performance during 2023, he said that DCI Indonesia again posted positive financial growth by earning revenue of Rp1.3 trillion last year, or an increase of 25.1 percent year-on-year (yoy).

He also said that the company's EBITDA increased 24.3 percent to Rp874 billion with 66.9 percent margin. Meanwhile, DCI Indonesia's net profit reached Rp514 billion with a growth of 40 percent YoY and a margin of 39 percent.

According to him, this achievement was due to an increase in business from existing customers and new customer acquisitions.

"In addition to the revenue growth, commitment, initiative, and strategy carried out by the company through the Operational Excellence and Operational Efficiency programs, it also contribute positively to the company's profitability performance," saidOK.