AKR Corporindo Owned By Soegiarto Adikoesoemo Conglomerate Earns Rp955.46 Billion Profit In Semester I 2022

JAKARTA - A distributor of fuel and chemical products, PT AKR Corporindo Tbk (AKRA) posted a net profit of Rp.955.46 billion during the first semester of 2022. The company's revenue from the conglomerate Soegiarto Adikoesoemo increased 73.6 percent from the realization in the same period last year. which amounted to Rp550.39 billion.

In AKRA's financial report, quoted on Monday, July 25, it was explained that the company recorded revenue from contracts with customers during the first semester of 2022 amounting to Rp21.98 trillion. Meanwhile, in the same period last year, the amount was only Rp. 10.59 trillion.

In addition, AKRA also recorded rental income of Rp126.19 billion in the first six months of this year, slightly up from the first semester of 2021 with Rp113.65 billion.

Meanwhile, in the first semester of 2022, AKRA recorded cost of goods sold and revenue of Rp. 20.49 trillion. This is an increase compared to the first half of last year which amounted to Rp. 9.61 trillion.

As a result, AKRA's gross profit in the first semester of 2022 was IDR 1.61 trillion. This achievement is greater than the same period last year which amounted to Rp. 1.09 trillion.

Earnings per share in the first semester of this year was Rp48.41. Meanwhile, the first six-month period last year was Rp. 27.89.