15 August 2022

Skyrocketing 329 Percent, Golden Eagle (SMMT) Recorded IDR 189 Billion Profit in the First Half of 2

EmitenNews.com –PT Golden Eagle Energy (SMMT) in the first half of this year made a net profit of Rp189 billion. It skyrocketed 329 percent from the same period last year of IDR 44 billion. As a result, basic earnings per share rose to IDR 60 from IDR 13.99.

Net sales were IDR 474.69 billion, up 162 percent from the same period last year of IDR 180.87 billion. Cost of sales was IDR 290.93 billion, up 108 percent from the same episode last year of IDR 139.75 billion. Gross profit jumped 346 percent to IDR 183.76 billion from the same phase last year of IDR 41.12 billion.

Total income was IDR 96.01 billion, up 176 percent from the same period last year of IDR 34.74 billion. Total expenses were IDR 40.11 billion, up 36 percent from the same period last year of IDR 29.43 billion. Profit before income tax expense of IDR 239.66 billion, skyrocketing 416 percent from the same period last year of IDR 46.43 billion.

Total equity shot up 25 percent to IDR 1.024 trillion from the end of 2021 of IDR 817.84 billion. Total liabilities were IDR 216.32 billion, down slightly from the end of 2021 of IDR 233.79 billion. Total assets of IDR 1.24 trillion, up from the end of 2021 of IDR 1.05 trillion. (*)