JAKARTA. PT Mega Perintis Tbk (ZONE), a retail specialised in clothing, booked net profit of IDR 15.01 billion in the first half (H1) of 2024.

Said number was 65.5% year-on-year (yoy) lower than IDR 43.54 billion recorded in the first half of 2023.

At the top-line, ZONE’s sales actually increased a shy of 1.59% yoy to IDR 405.02 billion. However, this growth triggered increase in costs of sales, reaching 19% yoy to IDR 196.75 billion, while selling expenses swelled 12.7% yoy to IDR 152.95 billion.

Not only that, ZONE also saw a loss on forex of IDR 1.04 billion, contrasting from the number reported in the same period last year, in which it managed to score gains on forex of IDR 1.19 billion.

Until June 30, 2024, ZONE reported total assets of IDR 661.49 billion, while its total equity reached IDR 391.81 billion. (KR/ZH)