PT Mayora Indah Tbk (MYOR) Q4 2024 earnings summary

Executive summary

• Net sales reached Rp 36.07 trillion in 2024, up 14.6% year-over-year, with profit for the year at Rp 3.07 trillion, slightly down from 2023.

• The audit opinion is unqualified, confirming fair presentation in accordance with Indonesian Financial Accounting Standards.

• The Board affirms responsibility for the accuracy and completeness of the consolidated financial statements.

Financial highlights

• Net sales: Rp 36.07 trillion in 2024 vs Rp 31.49 trillion in 2023 (14.6% increase).

• Net income attributable to owners: Rp 3.00 trillion in 2024 vs Rp 3.19 trillion in 2023.

• Gross profit: Rp 8.30 trillion in 2024, stable from Rp 8.41 trillion in 2023.

• Total assets: Rp 29.73 trillion at year-end 2024, up from Rp 23.87 trillion in 2023.

• Basic earnings per share: Rp 134 in 2024 vs Rp 143 in 2023.

Outlook and guidance

• No explicit forward guidance provided; management continues to monitor market and economic conditions and maintain prudent capital structure.