trending Market Intelligence /marketintelligence/en/news-insights/trending/R5wnpXlta1xH1tK2TDNszA2 content esgSubNav
In This List

Prasidha Aneka Niaga swings to loss in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Prasidha Aneka Niaga swings to loss in Q1

PT Prasidha Aneka Niaga Tbk said its first-quarter normalized net income came to a loss of 5.48 rupiah per share, compared with 3.70 rupiah per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 7.89 billion rupiah, compared with income of 5.33 billion rupiah in the year-earlier period.

The normalized profit margin fell to negative 3.8% from 1.9% in the year-earlier period.

Total revenue fell 27.6% year over year to 207.32 billion rupiah from 286.43 billion rupiah, and total operating expenses declined 25.3% from the prior-year period to 207.33 billion rupiah from 277.67 billion rupiah.

Reported net income came to a loss of 13.68 billion rupiah, or a loss of 9.50 rupiah per share, compared to income of 7.33 billion rupiah, or 5.09 rupiah per share, in the year-earlier period.

As of April 30, US$1 was equivalent to 12,980 rupiah.