JAKARTA – PT Jasnita Telekomindo Tbk (JAST) has projected a 20% revenue growth in 2024, driven by the expansion of its subsidiary into Singapore.

President Director of JAST, Yentoro, revealed in a disclosure to the Indonesia Stock Exchange (IDX) on Tuesday (7/1) that potential projects in Singapore offer significant opportunities to increase project volumes and expand service offerings.

“We are also optimistic that 2025 will be an even more successful year,” Yentoro stated.

He added that several major projects, including the management of call centres for key clients and new tenders that have already been won, are expected to have a positive impact on the company.

These projects are expected to make a substantial contribution to the company's revenue in 2024 and 2025.

The continuation of ongoing projects, along with the success in securing new tenders, strengthens the company’s confidence in achieving, or even exceeding, its revenue targets.

“Our international expansion through our subsidiary in Singapore is also a strategic step for future growth,” Yentoro explained.

Additionally, JAST has launched a new service, an AI-based CCTV solution, offering advanced and efficient monitoring systems with superior analytical capabilities.

Other services, such as WA Business and Contact Centers, continue to experience growing demand, making them essential solutions for many businesses.

Yentoro further noted that, as the demand for digital security solutions rises in the era of Industry 4.0, the company is optimistic that AI-based services like Jastrak will be a key growth contributor in 2025.

As of Q3 2024, JAST reported a net profit of IDR 218.7 million, a recovery from a loss of IDR 3.2 billion in the same period last year. (DK/ZH)