PT. Gajah Tunggal Tbk (GJTL) H2 2024 earnings summary

Executive summary

• Net sales reached Rp 18,029 billion for 2024, up from Rp 16,971 billion year-over-year.

• Net profit for 2024 was Rp 1,187 billion, a slight increase from Rp 1,167 billion in 2023.

• Total assets grew to Rp 20,564 billion as of December 31, 2024, compared to Rp 18,976 billion at year-end 2023.

Financial highlights

• Gross profit rose to Rp 3,879 billion in 2024 from Rp 3,733 billion in 2023.

• Earnings per share increased to Rp 341 in 2024 from Rp 339 in 2023.

• Total equity climbed to Rp 9,457 billion at year-end 2024 from Rp 8,352 billion in 2023.

• Total liabilities increased to Rp 11,107 billion from Rp 10,624 billion year-over-year.

Key financial ratios and metrics

• Gross margin for 2024 was approximately 21.5%, up from 22.0% in 2023.

• Net margin remained stable at around 6.6% for both years.

• Return on equity for 2024 was about 12.6%, slightly lower than 14.0% in 2023.