JAKARTA - PT Temas Tbk (TMAS) is targeting a profit of IDR 900 billion in 2025, better than its profit realisation in 2024.

Ricky Effendi, President Director of TMAS, stated that the company is optimistic that it can record a net profit of IDR 900 billion in the 2025 financial year. This target is supported by projected revenue growth of 5% to 10% year-on-year (YoY).

‘If you look at the capital expenditure (capex) that we have allocated, our net profit target is in the range of IDR 900 billion,’ said Ricky in a public expose after the General Meeting of Shareholders (GMS) for fiscal year 2024 in Jakarta, Monday (24/3).

(DK/VA/LK/LM)