
Financial expenses swelled, ALDO’s profit shrank 96.30%
01 Apr 2024 09:49
Although PT Alkindo Naratama Tbk (ALDO) sported 17.91% year-on-year (yoy) revenue growth, its profit faced a sharp downturn of 96.30% yoy in 2023 compared to 2022, due to increased cost of revenue and financial expenses.