BEBS FINANCIAL STATEMENTS, SIGNIFICANT INCOME

MEDIA BBS, April 6, 2021,  - Subang, PT Berkah Beton Sadaya Tbk (BEBS:IDX) published financial reports with an increase in profit. This infrastructure-supporting industrial company that has entered the stock exchange with the BEBS code recorded an increase in profits of up to 92 times. 

Established in January 2019, BBS has reported sales of IDR 110.70 billion in 2020. Operating revenue in 2020 has increased by IDR 95.93 billion or 649.78 % compared to the previous year of IDR 14.76 billion.

The increase in sales of BBS in 2020 was due to the company’s increase in sales of materials by Rp. 86.61 billion and an increase in sales of ready mix by Rp. 9.32 billion or 68.70 %.

Engaged in the fields of industry, construction, wholesale trading, and quarrying, BEBS has rolled out various programs, strategies and effective marketing to maintain and increase the company's revenue in the next period.

For gross profit, BEBS also recorded an increase of 1,1148.56 % from Rp2.76 billion in 2019 to 34.47 billion in 2020. The increase in gross profit was directly proportional to revenue.

BEBS also recorded an increase in its operating profit. BEBS operating profit increased by 8,600.61 % from IDR 308.66 million in 2019 to IDR 26.85 billion in 2020.

The increase in operating profit is higher than the increase in revenue and gross profit due to the efficiency of the company's expense ratio.

BEBS’s net profit for the year also reported an increase. In 2020, BEBS's net profit for the current year increased by 9,297.52 % to Rp. 20.79 billion from the previous year which was recorded at Rp. 219.23 million. The increase in net profit for the current year was due to an increase in operating income.

The increase in BEBS profits in a year has made the company even more successful in the stock market. BEBS shares are bullish with a significant upward trend. BEBS shares were included in the TOP 10 Gainers in issuers that support the infrastructure industry. BEBS shares are predicted to have promising prospects.

Headquartered in Subang, West Java, BEBS produces ready mix and precast concrete, lightweight concrete, asphalt, and hot mix. BEBS puts forward the mission to produce the highest quality products and continues to innovate in developing products and improving quality. BEBS is committed to continuing to contribute and play an active role in national and global development.