Indonesia Terminal Vehicle Earns Rp585.82 Billion in Revenue Until September 2024

IQPlus, (29/10) - PT Indonesia Kendaraan Terminal Tbk (IPCC) earned revenue of IDR585.82 billion until the period of September 30, 2024, up from revenue of IDR548.16 billion in the same period the previous year.

The company's financial report on Tuesday stated that the cost of revenue increased to IDR343.29 billion from IDR288.19 billion and gross profit decreased from IDR242.52 billion from gross profit of IDR259.96 billion.

Operating profit decreased to IDR180.09 billion from operating profit of IDR188.88 billion. Profit before income tax increased to IDR187.34 billion from profit before income tax of IDR178.72 billion.

Total liabilities increased to IDR583.97 billion until the period of September 30, 2024 from total liabilities of IDR565.44 billion until the period of December 31, 2023. Total assets increased to IDR1.84 trillion until the period of September 30, 2024 from total assets of IDR1.78 trillion until the period of December 31, 2023. (end)