JAKARTA - PT Sariguna Primatirta Tbk (CLEO), a bottled drinking water producer, posted profit growth of 58.18% in the third quarter of 2024 from the same period in 2023. This achievement is in line with revenue performance growth of around 31.53%.

Based on the Financial Report for the Third Quarter of 2024 quoted on Thursday (31/10), this issuer posted revenue of IDR 1.97 trillion, growing from the same period in 2023 of IDR 1.50 trillion. Sales to third parties were recorded at IDR 1.97 trillion, up from IDR 1.50 trillion and sales to related parties IDR 3.09 billion, up from IDR 2.27 billion.

Sales of bottled drinking water were recorded at IDR 1.08 trillion, up from IDR 801.08 billion, non-bottled IDR 861.98 billion, up from IDR 679.24 billion, and Others IDR 34.98 billion, up from IDR 23.59 billion.

From a geographical perspective, sales in the provinces of Java and Bali were recorded at IDR 1.60 trillion, up 26.91% from IDR 1.27 trillion. Meanwhile, sales in other provinces were IDR 370.89 billion, up 60.96% from IDR 230.42 billion.

Gross profit rose to IDR 1.5 trillion, from IDR 834.01 billion and the gross profit margin was 58.57%, higher than the previous level of 55.48%. Meanwhile, net profit rose to IDR 330.95 billion, from IDR 209.22 billion. (LK/LM)