DOID Swings to US$20.58 Million Net Profit in Jan-Sep


Jakarta - PT Delta Dunia Makmur Tbk (DOID) managed to achieve a net profit attributable to owners in the first nine months of this year of around US$20.581 million from a loss in the same period last year of US$16.102 million.

The company's financial report released on Thursday (11/3) showed that net profit was boosted by the high net income, which nearly doubled to US$1.149 billion from US$596.743 million.

The cost of revenue also swelled by around 92.97% to US$995.118 million from US$515.666 million.

Operating expenses increased by 36.91% to US$53,315 million from US$38.939 million. Other costs doubled to approximately US$25.442 million from US$10.982 million, and other income decreased by about 5% to US$1.906 million.

DOID's total assets reached US$1.594 billion as of September this year, with US$1.340 billion in liabilities and US$254.060 million in equity. Cash and cash equivalents at the end of the period amounted to US$151.875 m



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