INET Earns Revenue Of IDR 19.77 Billion In The Third Quarter Of 2023

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Sinergi Inti Andalan Prima Tbk (INET) scored revenue of IDR 19.77 billion in the 2023 quarterly. This achievement increased by 37.08 percent year-on-year (YoY).

INET Director Erick Bermand Siregar explained that there were four strategies carried out by INET in 2023. First, INET will continue to increase Employee Competency.

Both pricing policies and also provide attractive discounts to customers who use the Company's services at certain amounts.

"Third, the company will continue to strengthen its positioning as an infrastructure service provider that provides the best service for customers. Then lastly, the Company will continue to add a PoP (Point of Presence) to increase reach for customers," he explained, Friday, December 22.

Referring to the financial statements that have been audited as of December 31, 2022, posted an increase in revenue of 37.08% to Rp19.77 billion in the third quarter of 2023, from the same period in 2022 of Rp14.42 billion.

In terms of the company's profit achievement, there was an increase of 40.44 percent to Rp1.53 billion in the third quarter of 2023, from the same period the previous year of Rp1.09 billion.

Meanwhile, the company's total assets until the third quarter of 2023 reached IDR 223.74 billion, up from December 31, 2022, amounting to 72.983 billion. This year, the total current assets amounted to IDR 66.48 billion and total non-current assets amounted to IDR 157.25 billion.

In the third quarter of 2023, the company's liabilities rose to Rp8.49 billion compared to Rp7.78 billion in the previous year. With the breakdown of short-term liabilities this year amounting to Rp8.25 billion and long-term liabilities of Rp239.49 million.

Meanwhile, the company's total equity rose to IDR 215.24 billion, compared to IDR 65.2 billion in the previous year.