PT Gunung Raja Paksi Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022
May 31, 2022
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PT Gunung Raja Paksi Tbk reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 235.11 million compared to USD 138 million a year ago. Net income was USD 15.81 million compared to USD 7.4 million a year ago. Basic earnings per share from continuing operations was USD 0.0013 compared to USD 0.00061 a year ago.
PT Gunung Raja Paksi Tbk is an Indonesia-based iron and steel company. The Companyâs operating segments are based on the types of products consisting of steel sheets and steel bars. Its production products consist of various sizes according to international standards and include all kinds of structural parts, profiles and reinforcement rods. The Companyâs flat products have various end products covering all types of hot and cold plates, hot and cold rolled coils, as well as various types of downstream plates and other coils. Its available products include Welded Beam, Cut to Shape, Beam Box, Cell Beam, Honeycomb, UNP, L-Angle, Angle (HR), Cell Form, Channel (UNP), H-Beam (HR), King Cross, Queen Cross, T-Beam, Wide Flange Beam (IWF), Equal Angle, Lipped Channel, Rectangular Hollow Section, Square Hollow Section, Unequal Angle, ERW Pipe and Expanded Mesh, and Coil Plate. The Company offers plate, steel, forming and coil services centers.