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Revenue down, yet ESSA’s profit soared 418% in H1 2024
12 Jul 2024 11:37
Although its revenue declined 10% year-on-year (yoy) in the first half of 2024, the net profit of PT Essa Industries Indonesia Tbk (ESSA) reportedly rode a 418% yoy surge to USD 20.6 million from USD 4 million seen in H1 2023.