PT Solusi Kampus Indonesia’s Profit Soared 42.38% After being Acquired by RUN System

Jakarta, 4 July 2023 – PT Solusi Kampus Indonesia (PT SKI) reported significant profit growth after being acquired by PT Global Sukses Solusi Tbk (RUNS) in May 2022. The company’s net profit reached IDR 3.17 billion in 2022, an increase of 42, 38% compared to the previous net profit which reached IDR 2.23 billion.

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The increase in net profit was driven by efficiency in the company’s direct and operational expenses in implementing work. PT SKI succeeded in optimizing its resources in an effective and efficient manner. This success is the result of the company’s efforts to improve its operational performance.

In addition, PT SKI’s total assets also experienced a significant increase from IDR 7.01 billion at the end of 2021 to IDR 13.77 billion in 2022. Meanwhile, the company’s liabilities decreased from IDR 3.3 billion to IDR 1.73 billion at the end of last year . The company’s total equity also increased substantially to IDR 12.03 billion compared to the previous IDR 3.55 billion.

Even though the company’s revenue decreased by 9% from IDR 12 billion in the previous year to IDR 10.96 billion in 2022, PT SKI still managed to record significant profit growth. This shows the company’s ability to improve its operational efficiency and manage resources well.

At the recently held Annual General Meeting of Shareholders (AGMS), it was agreed upon the use of the company’s net profit. As much as 15% of the net profit will be distributed as dividends to shareholders, while 5% will be allocated as bonuses. The remaining 80% of net profit will be used as retained earnings, which will be used to support business expansion, increase production capacity, and product development.

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