Gross profit was up by 26% y-o-y at IDR1.62 trillion. Ebitda was up by 29% y-o-y at IDR1.62 trillion while ebitda margin rose by 2.5 percentage points to 37.6%.
Bumitama Agri (BAL) has reported a net profit of IDR874 billion ($75.8 million) for the 3QFY2023 ended Sept 30, 33% higher y-o-y and marking the first quarter to see y-o-y growth in 2023.
Revenue for the three-month period rose by 20% y-o-y to IDR4.31 trillion.
