AMRT's 2024 net profit drops 7.5%

JAKARTA - PT Sumber Alfaria Trijaya Tbk (AMRT) recorded a net profit of IDR 3.14 trillion in 2024, a decrease of 7.5% from the previous year, which amounted to IDR 3.4 trillion.
According to the latest financial report, AMRT's sales rose by 10.54% to IDR 118.22 trillion. Specifically, revenue from the food segment reached IDR 83.28 trillion, an increase from the previous year's figure of IDR 75.65 trillion. Meanwhile, revenue from non-food items grew by 11.70% to IDR 34.94 trillion.
At the same time, the company's cost of goods sold was recorded at IDR 92.86 trillion, up 10% compared to the previous year's figure of IDR 83.87 trillion. The company's operating profit decreased to IDR 4.07 trillion in 2024.
Based on data from IDNFinancials.com, AMRT managed to achieve a 13.29% increase in total assets, reaching IDR 38.79 trillion as of December 31, 2024. Meanwhile, total cash and cash equivalents amounted to IDR 4.84 trillion in 2024. (DH/LM)