Revenue for the quarter rose by 20.8% y-o-y to US$160.8 million as revenue across the group’s main market, Indonesia, as well as regional markets rose y-o-y. Revenue for the group’s own brands and agency brands also improved across the board. Revenue for own brands grew by 17.6% y-o-y to US$100.3 million while revenue for agency brands rose by 26.7% y-o-y to US$60.5 million.
Delfi Limited (SGX:P34
) has reported ebitda of US$25.5 million ($34.1 million) for the 1QFY2023 ended March 31, 24.5% higher y-o-y. The improvement was due to the higher revenue, high profitability and tight control of operating expenses.
Ebitda margin increased by 50 basis points (bps) to 15.9% for the quarter.
