• DVLA posted 47.65% growth in 9M24 net profit
Darya-Varia Laboratoria (DVLA) reported a 47.65% increase in net profit to IDR 147.39B in
9M24, compared to Rp99.82B in the same period last year. Revenue grew by 17.77% yoy to
IDR 1.59T, driven by strong customer contracts. Operating profit rose by 50.12% to Rp194.68
billion. Despite a rise in costs, the company’s robust earnings growth and improved
profitability signal strong operational performance, making DVLA an attractive prospect for
fund managers focused on steady growth. (Stockwatch)
• ERAA’s net profit grew by 69.82% yoy in 9M24
Erajaya Swasembada (ERAA) posted a net profit of IDR 852.94B in 9M24 (+69.82% yoy). This
was in line with revenue, which rose 13.52% yoy to IDR 48.6T in 9M24. ERAA’s sales were
mostly contributed by cellphone and tablet sales amounting to IDR 39.42T (+14.02% yoy)
followed by sales of accessories and other things of IDR 5.98T (+17.54% yoy), sales of
computers and other electronic equipment of IDR 1.94T (+64.04% yoy), and operator product
sales of IDR 1.24T (-36.35% yoy). (Bisnis Indonesia)
• HMSP’s net profit declined 15.8% yoy in 9M24
Hanjaya Mandala Sampoerna (HMSP) posted revenue of IDR 88.47T, which increased slightly
from IDR 87.30T in 9M23. In line with revenue, the cost of goods sold increased to IDR 74.7T
from IDR 72.85T in 9M23. As a result, gross profit was recorded at IDR 13.75T (-4.72% yoy). After
deducting other costs, the company recorded a net profit of IDR 5.22T in 9M24 (-15.8% yoy).
(Bisnis Indonesia)
• PWON’s net profit increased 11.79% yoy in 9M24
Pakuwon Jati (PWON) achieved double-digit net profit growth of 11.79% yoy, reaching IDR
1.66T in 9M24, up from IDR 1.48T in 9M23. Revenue rose 4.74% yoy to IDR 4.78T, with leasing
income contributing IDR 1.5T. Total assets increased 5.51% yoy to IDR 34.51T, while liabilities
stood at IDR 10.21T. Despite a slight increase in cost of goods sold, PWON’s strong asset base
and steady growth in leasing and contracted revenue make it a solid option for investors
seeking stability in property. (Kontan)