MLPT Net Profit Jumps 45.8% to 178.65 Billion in Jan-Sep


Jakarta - PT Multipolar Technology Tbk (MLPT) announced profit growth for the current period attributable to owners for the January-September 2021 period by 45.84% to Rp178.653 billion from Rp122.498 billion.

According to the financial report published Tuesday (23/11), an increase in net sales and service revenues of around 5.99% to Rp1.944 trillion from Rp1.834 trillion supported the high-profit achievement.

Meanwhile, the cost of goods sold and services rose slower by 4.06% Rp1,640 trillion from Rp1,576 trillion.

Operating profit also increased by around 35.19% to Rp202,091 billion from Rp149.483 billion. One of the supporters of the surge in operating profit was the lower of other expenses of around 87.26% to Rp483 million from Rp3,793 billion.

Meanwhile, total assets up to the period ending September this year were at Rp1.573 trillion, with liabilities of Rp. 1.574 trillion and equity of Rp874 billion.

Meanwhile, the positio



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