JAKARTA - PT Arwana Citramulia Tbk (ARNA) posted a net profit of IDR 576.2 billion in 2022, up by 22.4% from IDR 470.9 billion in 2021.

Rudy Sujanto, Chief Financial Officer (CFO) of PT Arwana Citramulia Tbk (ARNA) said that the company still collected sales and profit increase despite disruptions in market demand in the
fourth quarter. "The company still posted 22 percent growth on bottom line," he said.

According to him, ARNA's sales still rose by 1.2% to Rp 2.59 trillion from last year's Rp 2.55 trillion, although sales volume fell by 1.6% due to an improvement in the average selling price
(ASP) of mixed products to IDR 38,800, from IDR 37,700 per item.

Net profit margin recorded growing by 18.4% in 2021, and in 2022 grows by 22.3%. (LK/W)