BEBS RECORDED A PROFIT INCREASE OF 210% YOY

August 23, 2021

MEDIA BEBS, August 23, 2021 - PT Berkah Beton Sadaya Tbk (BEBS:IDX) recorded financial reports with a positive increase in profit in the June 2021 books. BEBS, an infrastructure supporting company that have been listed on the stock exchange recorded a profit increase of up to 210% YoY.? 

The increase in BBS sales in 2021 was due to the company’s success in increasing sales by Rp. 118.06 billion or 183.10%. BEBS also recorded a gross profit increase of 176.92% from Rp 20.31 billion in June 2020 to Rp 56.25 billion in June 2021.?

The increase in gross profit is directly proportionate to revenue. BEBS also recorded an increase in operating profit in its financial statement. BEBS operating profit increased by 197.08% from Rp 17.30 billion in June 2020 to Rp 51.425 billion in June 2021. The increase in operating profit was 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. It was recorded that in June 2021, BEBS' net profit for the current year increased by 210% to Rp 40.10 billion from the previous year which was recorded at Rp 12.93 billion.?

The increase in BBS's net profit for the year was due to an increase in operating income.?
"The increase in operating profit was higher than the increase in revenue and gross profit due to the efficiency of the company's expense ratio.”