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.

News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…