JAKARTA - PT Graha Prima Mentari Tbk (GRPM) is targeting revenue and profit to reach IDR 560 billion and IDR 6 billion this year, higher than last year’s realisation. This projection is revealed by Agus Susanto, President Director of GRPM, during Public Expose Live 2024 via Zoom, Friday (30/8).

“For revenue and profit, we project an increase of 50% each from 2023,” Susanto said.

Furthermore, Susanto also aims to establish total principal and outlets of 10 principals and 55,000 outlets until the end of this year.

In 2023, the issuer reported sales of IDR 306.18 billion and net profit of IDR 4.4 billion. Gross profit and profit before taxes were recorded at IDR 24.84 billion and IDR 5.85 billion.

In the first half of 2024, GRPM booked revenue of IDR 370.7 billion and net profit of IDR 3.6 billion. Total principal reached 9 principals, and outlets, 50,000.

GRPM is known as an official distributor of Coca Cola Europacific and PT Kino Indonesia, with operational areas in 16 cities in 5 provinces. (LK/ZH)