KONTAN.CO.ID – JAKARTA. PT Transkon Jaya Tbk has achieved positive performance throughout last year. The company with the ticker symbol TRJA generated revenue of IDR 402.46 billion, marking a slight growth of 0.27% compared to the revenue in 2019, which amounted to IDR 401.34 billion.
Concurrently, TRJA’s cost of revenue increased by 4.82% from the previous year’s IDR 214.85 billion to IDR 225.21 billion in 2020. Consequently, TRJA obtained a gross profit of IDR 177.25 billion, representing a decrease of 4.94% from the previous year’s IDR 186.48 billion.
Additionally, operating expenses also recorded a 4.60% increase, reaching IDR 95.31 billion compared to the previous IDR 91.11 billion.
In the category of profit from insurance claims for fixed assets and the right-of-use assets, TRJA recorded IDR 1.46 billion, compared to the previous year’s IDR 853.69 million.
The company also successfully achieved profit from the sale of fixed assets amounting to IDR 1.94 billion, contrasting with the previous year’s loss of IDR 640.05 million.
Thus, TRJA achieved a net profit for the current year amounting to IDR 38.32 billion, marking a 25.39% increase compared to the net profit for the previous year, which was IDR 30.56 billion.
As of the end of 2020, TRJA had total assets amounting to IDR 605.53 billion, reflecting an 11.07% growth from the total assets in the previous year, which stood at IDR 545.15 billion.
