JAKARTA - PT DCI Indonesia Tbk (DCII) recoded profit growth of 21.34% year-on-year (yoy) in Q3 2024 to IDR 449.48 billion from IDR 370.42 billion seen in the same period last year. This increase followed 15% yoy revenue surge.

Based on Financial Report of Q3 2024 quoted Friday (25/10), DCII’s revenue reached IDR 1.10 trillion until Q3 2024, up from IDR 958.13 billion seen in Q3 2023.

Gross profit followed the surge, increasing to IDR 630.42 billion from IDR 570.36 billion, as did operating profit from IDR 495.45 billion to IDR 565.97 billion until September 2024.

However, gross profit margin was reportedly slipping to 57.17% from 59.49%.

Colocation services generated IDR 1.02 trillion of revenue until Q3 2024, up from IDR 907.08 billion seen in Q3 2023, while other segment reported an increase in contribution to IDR 75.15 billion from IDR 51.04 billion.

In terms of users, revenue from third party clocked up to IDR 1.08 trillion in Q3 2024, up from IDR 926.12 billion in Q3 2023, while related parties generated lower revenue from IDR 32.10 billion to IDR 17.60 billion. (LK/ZH)