In 1Q22, CTRA managed to book a net profit of IDR 420.7 billion or grew 72.9% YoY, driven by a significant increase in revenue of 20.7% YoY to IDR 2.2 trillion. CTRA recorded marketing sales of IDR 1.9 trillion or grew 3.6% YoY, and reached 24.3% of the FY22 marketing sales target of IDR 7.8 trillion. This is the highest first-quarter marketing since 2013, mainly supported by strong organic sales.
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