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Coal Average Selling Price Increase JPFA managed to book revenue of IDR12.4 trillion in 2Q23, with the Commercial Farm segment leading the sales growth of 7.6% YoY to IDR5.4 trillion, followed by Poultry Processing and Consumer Products segment which recorded IDR1.9 trillion or grew +4.1% YoY. Net income for 2Q23 was able to turn positive from 1Q23, which was recorded at Rp331.9 billion (vs 1Q23: Rp249.9 billion), and cumulative 6M23 was recorded at Rp82.0 billion. The 2Q23 NPM was recorded at 2.7%, a positive turnaround from 1Q23 of -2.1% but still lower than 2Q22 which was recorded at 4.1%. Asset Growth JPFA managed to book revenue of IDR12.4 trillion in 2Q23, with the Commercial Farm segment leading the sales growth of 7.6% YoY to IDR5.4 trillion, followed by Poultry Processing and Consumer Products segment which recorded IDR1.9 trillion or grew +4.1% YoY. |
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