JTPE Books 69% YoY Surge in Net Profit in Third Quarter 2022

By : Nata Kesuma | Monday, November 07 2022 - 11:34 IWST

PT Jasuindo Tiga Perkasa Tbk (JTPE)
PT Jasuindo Tiga Perkasa Tbk (JTPE)

INDUSTRY.co.id - Sidoarjo, October 31st, 2022 – PT Jasuindo Tiga Perkasa Tbk (JTPE) a company engaged in providing security printing solutions ranging from payments, identity, brand protection, and commercial printing, recorded a surge in net profit 69% YoY in the third quarter of 2022.

The recorded a profit for the period of IDR58.71 billion compared to IDR34.66 billion in the same period the previous year. From the net profit for the period, the total net profit attributable to owners of the parent entity is IDR47.68 billion, an increase of 38% YoY.

The significant increase in net profit was supported by an increase in sales, and an increase in other income. The Company's sales in the third quarter of this year were at IDR769.93 billion, an increase of  29% from  IDR 595.97 billion in the same period the previous year.

Additional revenue was obtained from other income, where JTPE booked other income of IDR6.46 billion, an increase of 102% from IDR3.20 billion in the same period in 2021.

“We hope that this good achievement can continue until the end of the year. Hopefully, along with various expansion efforts that continue to be carried out in the field of digital solutions and security documents, the Company can record better performance.” said the President Director of JTPE, Oei Allan Wibisono.

News Comment

Today's Industry

The President Director of PT Honeywell Indonesia, Roy Kosashi, clarified many kind of leading technology for Indonesia’s New Capital City, in Jakarta on Tuesday (29/11/2022). (Photo: PT Honeywell Indonesia)

Rabu, 30 November 2022 - 19:28 WIB

Honeywell Ready to Support Indonesia’s New Capital City with Sustainability Technologies and Solutions

Honeywell announced today that it is Ready Now to support the Nusantara Capital Authority (OIKN) in realizing their goal of making a sustainable and smart forest city. OIKN is the government…

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…

Alvara Research

Sabtu, 26 November 2022 - 06:20 WIB

Turnover Rises High, Culinary MSMEs No Problem Paying OFD Platform Commissions

Online food delivery (OFD) services have accelerated the growth of food and beverage (F&B) MSMEs in Indonesia by 1.9 times faster compared to offline sales. OFD platforms enable MSMEs to have…

Tribe Bali Kuta Beach — Photo by Accor

Kamis, 24 November 2022 - 20:43 WIB

Empty

Empty

A Health exhibition of Banten Province on November 3-5, 2022 at ICE BSD, South Tangerang, Banten. (Photo: Banten Province PR)

Jumat, 18 November 2022 - 16:14 WIB

Premier Bintaro Hospital Assigned as Banten Medical Tourism Hospital

Banten Province hosted the 58th National Health Day by holding a health exhibition on November 3-5, 2022 at the Indonesia Convention Exhibition (ICE) BSD, South Tangerang, Banten.