PT AKR Corporindo Tbk reported earnings results for the full year ended December 31, 2024. For the full year, the company reported sales was IDR 38,729,493.3 million compared to IDR 42,086,952.44 million a year ago. Revenue was IDR 38,729,493.3 million compared to IDR 42,086,952.44 million a year ago.
Net income was IDR 2,225,117.98 million compared to IDR 2,780,349.51 million a year ago. Basic earnings per share from continuing operations was IDR 112.73 compared to IDR 140.87 a year ago.
PT AKR Corporindo Tbk is an Indonesia-based company which is engaged in the trading and distribution of petroleum and basic chemicals. It operates in four segments, including Trading and Distribution, Logistics Services, Manufacturing, and Industrial Estate. The Trading and Distribution segment handles petroleum and basic chemicals such as caustic soda, sodium sulfate, polyvinyl chloride (PVC) resin and soda ash. The Logistic Services segment provides warehousing, tank rental, transportation, and other logistics solutions. The Manufacturing segment focuses on adhesive materials, while the Industrial Estate segment develops and manages integrated industrial zones. It manages logistics infrastructure including storage terminals, sea, and land transport, and provides supply chain solutions. Its subsidiaries include PT Usaha Era Pratama Nusantara, PT Anugerah Krida Retailindo, PT Jakarta Tank Terminal, PT AKR Sea Transport, among others.
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