DCII prints profit growth in first quarter
JAKARTA - The attributable profit of PT DCI Indonesia Tbk (DCII) has posted a growth trend in the last two years in the first quarter since 2022. The median profit growth of this issuer in the first quarter of 2022-2024 was around 53%.
DCII's revenue for the first quarter of 2024 was quoted on Tuesday (29/4) as IDR 354.41 billion, up 12.42% from IDR 315.23 billion in the first quarter of 2023. Colocation services contributed the most revenue at IDR 333.12 billion and others at IDR 21.28 billion.
Gross profit grew 7.60% to IDR 203.39 billion in the first quarter of 2024 from IDR 189.02 billion in the first quarter of 2023, operating profit rose 9.13% to IDR 181.42 billion from IDR 166.23 billion. In addition, profit for the period grew 17.60% to IDR 142.79 billion from IDR 121.42 billion and attributable profit rose 17.44% to IDR 142.60 billion from IDR 121.42 billion.
For information, DCII's profit in the first quarter of 2023 grew 90.28% from its profit in the first quarter of 2022 which was recorded at IDR 63.80 billion. The issuer's revenue amounted to IDR 215.26 billion and gross profit of IDR 116.11 billion. Gross profit margin was 53.94%. (LK/LM)