Up 4.8%, Avia Avian (AVIA) Records Sales of Rp 7.01 Trillion in 2023

ISSUER NEWS - JAKARTA. PT Avia Avian Tbk (AVIA) recorded a revenue of IDR 7.01 trillion in 2023. According to the financial report in the Indonesia Stock Exchange's disclosure of information, this achievement increased by 4.8% from the revenue in 2022 which was IDR 6.69 trillion.

If detailed, the net income based on the category of third-party customers is IDR 6.93 trillion. Meanwhile, related party customers amounted to IDR 84.32 billion.

Then, the net income based on the distribution network from its own distributor is IDR 6.18 trillion. Then, third-party distributors amounted to IDR 788.92 billion and direct sales IDR 41.15 billion.

By the end of 2023, AVIA has 118 of its own distribution centers, plus 14 mini distribution centers and 40 third-party distribution centers.

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If viewed from the segment, AVIA's revenue from the architectural solutions segment was IDR 5.61 trillion in 2023, up 4.3% from 2022 which was IDR 5.38 trillion. Meanwhile, the merchandise segment was IDR 1.39 trillion, up 6.8% from 2022 which was IDR 1.31 trillion.

The cost of goods sold by AVIA was IDR 3.83 trillion until the end of 2023, down from 2022 which was IDR 3.97 trillion. As a result, the gross profit in 2023 was IDR 3.18 trillion, up from IDR 2.71 trillion in 2022.

AVIA also managed to record a net profit of IDR 1.64 trillion in 2023, up 17.3% from 2022 which was IDR 1.4 trillion.