Increased Revenue 15.01 Percent, Alfamidi Earns 398.92 Billion Net Profit In 2022

Illustration of Alfamidi (Photo: Doc. Antara)

JAKARTA - Alfamidi's parent company, PT Midi Utama Indonesia Tbk (MIDI) recorded profit for the year attributable to owners of the parent entity in 2022 of IDR 398.92 billion.

Quoting information disclosure, Thursday, March 2, this amount has increased by 47.92 percent compared to 2021 which amounted to IDR 269.69 billion.

MIDI's net income also increased by 15.01 percent to IDR 15.62 trillion in 2022. Where, the previous year it recorded IDR 13.58 trillion.

In line with this increase, cost of revenues also increased to IDR 11.67 trillion. Making the company's gross profit to IDR 3.95 trillion in 2022.

Net income was still supported by the food business which reached IDR 9.14 trillion. Meanwhile, fresh food and non-food revenues reached IDR 2.14 trillion and IDR 4.35 trillion respectively.

Meanwhile, in terms of the statement of financial position, total assets have increased by 9.09 percent to IDR 6.91 trillion in 2022. In 2021, total assets will still be IDR 6.33 trillion.

Likewise, in terms of liabilities, which increased to IDR 4.92 trillion. Meanwhile, total equity rose to IDR 6.91 trillion.

Meanwhile, MIDI currently has 2,171 outlets or an increase from the previous year's Rp. 2,030. The details are 2,025 self-owned, 96 franchise partnerships, 41 self-owned supermarkets, and 9 self-owned fruit shops.