TODAY : Thursday, 15 May 2025
Date : 06 May 2025

HAJJ – A 171% yoy net profit growth in 1Q25

HAJJ – A 171% yoy net profit growth in 1Q25 Arsy Buana Travelindo' (HAJJ) revenue grew 6% yoy to IDR325.14 bn in 1Q25 due to the company' strategy to focus on managing hotel room allotments (a total of 2,080 rooms) as its hotel segment' revenue reached IDR299.99 bn or 92.23% of its 1Q25 total revenue. Furthermore, HAJJ' EBITDA grew 188% yoy to IDR37.95 bn on higher efficiency. All in all, HAJJ' net profit grew 171% yoy to IDR26.84 bn in 1Q25. (Source : Kontan)
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