03 May 2023

First Quarter of 2023, IATA Posted USD 52.2 Million in Revenue and an Additional Coal Reserves


Jakarta, 3 May 2023 - PT MNC Energy Investments Tbk (IDX: IATA) announced its financial performance for the first quarter of 2023, with revenue reaching USD 52.2 million, which grew 29.3% year-on-year (yoy) from USD 40.4 million in Q1-2022.

The Company recorded EBITDA of USD 22.1 million with a net profit of USD 15.8 million in Q1-2023, equivalent to EBITDA margin and net profit margin of 42.4% and 30.3%, respectively.
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