Continue The Positive Trend, DAAZ Achieves IDR 3 Trillion Business Revenue In The First Quarter Of 2025

Illustration. (Photo: Doc. Antara)

JAKARTA - PT DAAZ Bara Lestari Tbk (DAAZ), one of the main players in the Indonesian commodity trade sector, managed to maintain a positive trend in financial performance during the first quarter of 2025.

In this period, DAAZ managed to record revenue growth of 58.63 percent, an increase from Rp1.94 trillion in the first quarter of 2024 to Rp3.08 trillion in the first quarter of 2025.

This increase was driven by increased volume and sales value across business lines, including nickel, coal, and fuel trading, as well as sea transportation services and mining services. Strong demand in the domestic market as well as exports has also strengthened the sales performance of the Company's group during that period.

This increase in operating income boosted the company's profitability rate. Recorded net profit showed a significant increase of 46.6 percent, reaching Rp133.83 billion compared to Rp91.28 billion in the same period the previous year.

Meanwhile, EBITDA increased 54.06 percent to IDR 244.39 billion from IDR 158.64 billion, reflecting the Company's core operational strength.

This positive score boosted the company's capital structure, recorded equity in Q1-2025 of IDR 2.21 trillion or grew 6.47% compared to IDR 2.07 trillion at the end of 2024.

DAAZ President Director, Mahar Atanta Sembiring, said the positive performance achieved was the result of implementing business strategies and focusing on the company's values and maintaining financial performance amid pressure from the dynamics of the industry and the global economy.

"Optimizing operational aspects and strengthening the company's position has proven to bring the company's positive performance sustainability," said Mahar, Tuesday, May 6.