JAKARTA - PT AKR Corporindo Tbk (AKRA) maintained its net profit at IDR 1 trillion in the first half of 2024, relatively stagnant compared to the record seen in the same period last year due to its declined revenue. This Indeks52 constituent also recorded IDR 18.65 trillion of revenue, down 6.06% year-on-year (yoy).

Based on Financial Report of H1 2024 quoted today (30/7), the primary contributor of the revenue was contracts with users, generating IDR 18.51 trillion or decreasing from IDR 19.71 trillion in H1 2023. Its leasing income also slippedfrom IDR 142.01 billion to IDR 136.43 billion.

Based on product and service, wholesale and distribution of refined fuel oil (BBM) generated IDR 17.16 trillion, down from IDR 18.47 trillion. However, adhesive service reported increase from IDR 271.18 billion to IDR 309.41 billion, followed by logistics service from IDR 442.62 billion to IDR 453.75 billion, as well as industrial land sale and others from IDR 520.83 billion to IDR 583.69 billion.

AKRA is known to stay listed as a constituent of Indeks52 following annual evaluation, under four categories at once, namely Main Index, High Growth, High Dividend, and Big Market Cap. (LK/ZH)