JAKARTA - PT Era Media Sejahtera Tbk (DOOH) is optimistic that its revenue could reach IDR 155 billion at the end of this year, growing from IDR 41.25 billion in 2022, and profit of IDR 382.70 million.

In the public expose release quoted today (10/10), Vicktor Aritonang, President Director of DOOH, mentioned that the company recorded revenue of IDR 73.55 billion at the end of the second quarter of 2023. “We could book profit of IDR 20 billion, which will be elaborated to installed media system,” he mentioned.

As of now, DOOH is serving clients from fast moving consumer goods (FMCG), food and beverages, pharmaceuticals, music, ride-hailing, fashion, government, application, and electronic industries.

According to Aritonang the company has prepared development of Ads Platform application to promote business expansion. The management of ecosystem of commercial promotion regarding managed assets, as well as media scope in several targeted locations, is projected to begin its operation in the fourth quarter of 2023.

As of September 2023, DOOH scored revenue of IDR 136.91 billion, shifting from IDR 25.81 billion seen in the same period last year. The gross profit also grew from IDR 13.66 billion to IDR 16.74 billion, resulting in operating profit that rose from IDR 7.10 billion to IDR 9.14 billion, and profit that soared from IDR 5.32 billion to IDR 7.45 billion. (LK/ZH)