Multipolar Technology Net Profit Jumps 50% to Rp259 Billion in 2021


Jakarta - PT Multipolar Technology Tbk (MLPT) reported a profit attributable to owners of Rp259.19 billion in 2021, up 50.22% from Rp172.53 billion in the same period the previous year.

In the financial report released on Tuesday (3/29), an increase in net sales and service revenues of around 11.58%, to Rp2.99 trillion from Rp2.68 trillion, supported the profit growth.

However, the cost of goods sold and services increased by around 9.31%, to Rp2.55 trillion from Rp2.34 trillion.

Until the end of December 2021, MLPT's total assets reached Rp2.99 trillion, with Rp958.85 billion in equity and Rp2.03 trillion in liabilities.



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