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LISTED COMPANY - JAKARTA. PT Sejahteraraya Anugrahjaya Tbk (SRAJ), a hospital issuer, has successfully rebounded in the first quarter of 2024.
According to financial reports on the Indonesia Stock Exchange (BEI) website, SRAJ recorded a net profit attributable to the parent entity of IDR 4.74 billion in the first quarter of 2024. This successful rebound in the first quarter of 2024 comes after a loss of IDR 13.85 billion in the first quarter of 2023.
The bottom-line turnaround of the owner of Mayapada Hospital was supported by an increase in revenue. SRAJ garnered revenue of IDR 746.1 billion in the first quarter of 2024, a 27.4% annual increase. In contrast, in the first quarter of 2023, SRAJ had revenue of IDR 541.6 billion.
Read Also: Sejahteraraya Anugrahjaya (SRAJ) Income Target to Increase 30% in 2024
In line with this, SRAJ also recorded an increase in the cost of goods sold to IDR 539.4 billion. This figure is up 26.7% compared to the same period in 2023, which was IDR 394.9 billion. SRAJ's gross profit in the first quarter of 2024 reached IDR 206.6 billion, an annual increase of 40.86%.
At the end of the first quarter of 2024, SRAJ's total assets increased slightly by 0.17% year to date to IDR 5.61 trillion. Similarly, the total liabilities also saw a slight increase to IDR 3.75 trillion. Meanwhile, SRAJ's equity in the first quarter of 2024 stood at IDR 5.61 trillion, a 0.17% increase compared to the end of 2023.
