AVIA - PT. Avia Avian Tbk

Rp 346

+4 (+1,00%)

JAKARTA – PT Avia Avian Tbk (AVIA) reported an increase in both sales and profit in 2024 compared to 2023, with all business segments contributing to sales growth throughout the year.

In its 2024 Financial Report published on Wednesday (26/2), AVIA’s President Director, Wijono Tanoko, stated that the company recorded sales of IDR 7.47 trillion, up 6.48% year-on-year (yoy) from IDR 7.01 trillion in 2023.

The main contributors were the Architectural Solutions segment, with IDR 5.84 trillion, and Merchandise with IDR 1.62 trillion. In 2023, the Architectural Solutions segment contributed IDR 5.61 trillion, and Merchandise IDR 1.39 trillion.

In terms of distribution channels, AVIA recorded the highest sales from Own Distributors at IDR 6.69 trillion, followed by Third-Party Distributors at IDR 735.51 billion, and Direct Sales at IDR 40.45 billion. In 2023, Own Distributors contributed IDR 6.18 trillion, Third-Party Distributors IDR 788.92 billion, and Direct Sales IDR 41.15 billion.

The company’s gross profit increased by 4.93% yoy in 2024, rising from IDR 3.18 trillion to IDR 3.34 trillion, while operating profit reached IDR 1.76 trillion, up 3.02% yoy from IDR 1.71 trillion. Finally, AVIA’s net profit was recorded at IDR 1.66 trillion, a 1.33% increase from IDR 1.64 trillion in the previous year. (LK/ZH)