JAKARTA – PT Mandiri Herindo Adiperkasa Tbk (MAHA) posted a 10.73% year-on-year (yoy) growth in net profit, reaching IDR 296.71 billion in 2024.

According to its latest financial report, the coal contractor recorded revenue of IDR 2.54 trillion in 2024, a 28.93% increase.

MAHA’s general and administrative expenses in 2024 rose by 20.47% to IDR 128.19 billion. Other operating income decreased by 38.70% to IDR 47.65 billion, while other operating expenses increased by 206.9% to IDR 3.91 billion.

According to data from IDNFinancials.com, MAHA also reported a 5.88% rise in total assets to IDR 2.7 trillion in 2024. (DH/ZH)