JAKARTA - PT Carsurin Tbk (CRSN), a mining supporting service company, reported downturn in its net profit by 31.49% year-on-year (yoy) to IDR 12.92 billion in Q3 2024 from IDR 18.87 billion seen in Q3 2023. This weakened performance resulted from its low sales recorded in the past year.

Based on its Financial Report of Q3 2024 quoted today (24/10), CRSN booked net profit of IDR 309.03 billion, slowing down from IDR 312.95 billion seen in Q3 2023.

The gross profit also soared from IDR 150.94 billion to IDR 160.92 billion, with the margin increasing to 52.07% from 48.23%. In contrast, its operating profit was reportedly slipping 18.61% yoy to IDR 24.87 billion from IDR 30.55 billion.

In Q3 2024, the main contributor of the revenue came from inspection segment, which generated IDR 245.92 billion, followed by testing of IDR 29.46 billion, certification of IDR 12.36 billion, consultation of IDR 11.49 billion, and goods’ sales of IDR 9.79 billion.

For comparison, in Q3 2023, inspection brought in IDR 259.43 billion, testing IDR 34.71 billion, certification IDR 6.10 billion, consultation IDR 5.78 billion, and sales of goods IDR 6.87 billion. (LK/ZH)