Jakarta - PT AKR Corporindo Tbk (AKRA) projects revenue growth of around 20-25% this year.

According to the director and corporate secretary of AKR Corporindo, Suresh Vembu, gross profit is set to grow 12-15% in 2022, with earnings per share (EPS) growth of 15-18%.

"According to the company's 2022 budget work plan, AKRA targets strong, sustainable growth for the company during this year, with the hope of a revival of economic growth in Indonesia," said Suresh Vembu through a press release on Wednesday (12/1).

He added that the forecast for income growth is supported by the increase in Indonesia's national economy in 2022, which Bank Indonesia predicts to be in the range of 4.7-5.5%, up from 3.2-4.0% in 2021. The sustainable global economy's improvements drive solid export performance, coupled with growing domestic demand in terms of consumption and investment.

He hopes AKR can maintain a strong cash flow and financial pos