3rd Quarter of 2017, ACSET Net Profit Grows 178 Percent

By : Wiyanto Dan Aldo Bella Putra | Monday, October 30 2017 - 19:00 IWST

Acset Indonusa (Ist)
Acset Indonusa (Ist)

INDUSTRY.co.id - Jakarta - PT Acetone Indonusa Tbk (ACSET) has consistently recorded satisfactory financial performance growth in the third quarter of 2017.

Maria Cesilia Hapsari ACSET Corporate Secretary & Investor Relations stated that ACSET booked a 178% increase in net profit to Rp 111 billion from Rp 40 billion in the same period last year.

"The increase in revenue and net income during this period is mainly supported by the contribution of the Jakarta-Cikampek II Layang Toll project," she said in Jakarta on Monday (30/10/2017).

In addition, Telkom also obtained revenue also increased to Rp 1.94 trillion, up by 50.7% from Rp 1.3trillion in 2016.

According to her, revenue in this period was dominated by infrastructure sector by 53% and then followed by construction sector by 34%, foundation 9% and others by 4%. The other portion of revenues represents the business of ACSET's subsidiaries in the trade sector.

Within the remaining time in 2017, ACSET will remain focused on achieving its target and also committed to providing the best service in any ongoing project. ACSET always puts Principe safety and quality as its main foundation in building trust of customers. Achieving ACSET does not stop the company from innovating.

"ACSET and its entire people are ready to continue to develop their expertise and contribute to nation building through prestigious projects that are undertaken based on the working principles of the Company and Astra Group," she said.

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