Conglomerate Cleo Beverage Producer Owned By Hermanto Tanoko Raised Sales Of Rp.307.68 Billion And Profit Of Rp.45.76 Billion In The 2022 Quarter

JAKARTA - The producer of bottled water with the Cleo brand belonging to conglomerate Hermanto Tanoko, PT Sariguna Primatirta Tbk (CLEO) managed to earn a profit for the year as of March 2022 of Rp45.76 billion. This achievement increased from a profit of Rp41.84 billion in the same period the previous year.

In CLEO's financial report, quoted on Wednesday 11 May, this was driven by an increase in net sales of IDR 307.68 billion for the period of March 31, 2022, up from net sales of IDR 237.19 billion the previous year.

The largest sales were generated from non-bottle products of Rp. 156.26 billion and bottled sales of Rp. 146.31 billion. The remaining sales were donated from others Rp5.08 billion.

It was noted that gross profit rose to Rp121.49 billion from gross profit of Rp106.28 billion. And, profit before tax expense rose to IDR 58.26 billion from profit before tax expense of IDR 53.16 billion.

The company's total liabilities reached IDR 385.75 billion for the period March 31, 2022, up from the total liabilities of IDR 346.60 billion for the period December 31, 2021.

Meanwhile, the company's assets reached Rp1.43 trillion for the period of March 31, 2022, up from total assets of Rp.1.35 trillion for the period of December 31, 2021.