JAKARTA - PT Caturkarda Depo Bangunan Tbk (DEPO) is targeting revenue of IDR 3 trillion in 2025, considering the newly established political stability following new government cabinet formation.

Until the end of this year, DEPO is optimistic about booking revenue of IDR 2.8 trillion. It increases from 2022 revenue realisation of DIR 2.68 trillion, while net profit is projected to grow to IDR 88 billion from IDR 86 billion.

Kambiyanto Kettin, President Director of DEPO, expressed his optimism in securing revenue growth and stable net profit next year. “The new government is deemed more stable,” he said, as quoted today (21/11).

In addition, the company is confident in scoring sales growth following expansion and extension of marketing and distribution channels of DEPO this year.

In 2024, DEPO reportedly manages 16 stores in various cities. In 2025, DEPO is targeting 3 more outlets, bringing it to 19 units in total, operating in Palembang, Pekanbaru, and Samarinda. (LK/ZH)