INET projects 20% revenue growth in 2025
JAKARTA – PT Sinergi Inti Andalan Prima Tbk (INET) is projecting revenue of IDR 42.02 billion for 2025, marking a 20% increase from the expected revenue of IDR 35.02 billion by the end of this year.
Muhammad Arief, President Director of INET, expressed optimism about the company's revenue growth next year. "This growth is supported by an increasing number of corporate and entity customers," he stated, as quoted in the company’s public presentation on Thursday (19/12).
In the fourth quarter of this year, INET aims for a net profit of IDR 2.57 billion, a 194.51% surge from the 2023 net profit realisation of IDR 875.69 million. Meanwhile, the projected revenue for 2024 is IDR 35.02 billion, soaring 50.42% from the 2023 revenue of IDR 23.81 billion.
This morning, INET shares fluctuated during early trading ahead of the stock market's midday close at 12:00 PM WIB. The stock reached a high of IDR 65 and a low of IDR 62 per share. (LK)