KONTAN.CO.ID - JAKARTA. PT Pakuwon Jati Tbk (PWON, member of Kompas100 index) posted a net profit that can be distributed to the parent entity by Rp 2.54 trillion in 2018. The profit grew 35.79 percent compared to 2017 which amounted to Rp 1.87 trillion. PWON's net profit was supported by net revenue that reached Rp 7.08 trillion, an increase of 23% compared to 2017 of Rp 5.74 trillion. Based on the press statement received by Kontan.co.id, Tuesday (3/26), the composition of income in 2018 consisted of 49% recurring revenue and 51% development revenue. This is a PWON strategy to grow with a balanced of income between recurring and development revenue.
Pakuwon Jati (PWON) profit rose 35.79% to Rp 2.54 trillion in 2018
KONTAN.CO.ID - JAKARTA. PT Pakuwon Jati Tbk (PWON, member of Kompas100 index) posted a net profit that can be distributed to the parent entity by Rp 2.54 trillion in 2018. The profit grew 35.79 percent compared to 2017 which amounted to Rp 1.87 trillion. PWON's net profit was supported by net revenue that reached Rp 7.08 trillion, an increase of 23% compared to 2017 of Rp 5.74 trillion. Based on the press statement received by Kontan.co.id, Tuesday (3/26), the composition of income in 2018 consisted of 49% recurring revenue and 51% development revenue. This is a PWON strategy to grow with a balanced of income between recurring and development revenue.