PT Kurniamitra Duta Sentosa, Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022
June 03, 2022
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PT Kurniamitra Duta Sentosa, Tbk reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was IDR 75,345.21 million compared to IDR 50,534.54 million a year ago. Net income was IDR 14,023.05 million compared to IDR 4,325.28 million a year ago. Basic earnings per share from continuing operations was IDR 18 compared to IDR 5 a year ago.
PT Kurniamitra Duta Sentosa Tbk is an Indonesia-based food and beverage company. The Company has product distribution covering all regions of Indonesia. It is an importer and official distributor for beverage mixed products, in the form of coffee, tea, chocolate, vanilla and others originating from America. It is the sole distributor of monin syrup products from France in Indonesia. The Company is also sole distributor of Milk Lab dairy products from Australia, KAV Powder Premix products from America, LaVazza coffee products from Italy and Santino using authentic Indonesian coffee, and bubble tea products from Taiwan. It also offers solutions and education for business partners and customers as a one-stop solution in the field of food and beverages. It conducts training and provides free consultation for beverage and food applications. In addition, it develops its network throughout Indonesia and provides free consultation and training by educated and certified experts in each region.