DATA targets 10% revenue growth in 2025
JAKARTA - PT Remala Abadi Tbk (DATA) is aiming for revenue of IDR 412.91 billion in 2025 or a 10% increase from the 2024 revenue forecast of IDR 375.37 billion.
In the DATA report quoted on Thursday (12/12), the issuer's management projects an increase in revenue with a focus on increasing 100% in the retail segment from 2024. In addition, the company plans to build a new network of 250,000 home connect.
In the third quarter of 2024, DATA collected IDR 249.01 billion in revenue, with a contribution from the Telecommunications Segment of IDR 239.93 billion and Non-Telecommunications Segment IDR 9.08 billion. With this achievement, the party is optimistic that it will be able to realize the revenue target by the end of this year.
In addition, this issuer targets net profit margin to increase and EBDITA to increase respectively to 21.54% to 45.09% in 2025. In 2024, the forecast net profit margin is recorded at 19.31% and 44.02%. (LK/LM)