In 1Q22, AMRT posted net revenue of IDR 22.9 trillion or grew by 19.1% YoY. Revenue in Java (excluding Greater Jakarta area), as the largest contributor, grew 34.4% YoY to IDR 9.2 trillion. Meanwhile, cost of revenue 19.6% YoY to IDR 17.9 trillion. Furthermore, AMRT posted a net profit of IDR 675.8 billion or grew by 35.3% YoY, taking advantage of the momentum of outlet expansion, particularly in areas outside Java.
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