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PT Jasnita Telekomindo Tbk Improving Financial Performance by Increasing GPM, NPM, and Revenue Growth Rate in 2022
PT Jasnita Telekomindo Tbk is one of the telecommunications companies in Indonesia which has shown good performance in its financial statements in 2022, this is shown from several financial ratios that can be used to evaluate the company's financial performance such as Gross Profit Margin (GPM), Net Profit Margin (NPM), and Revenue Growth Rate.
The company's Gross Profit Margin has increased significantly from 33.8% in 2021 to 35.9% in 2022. This shows that the Company has succeeded in increasing efficiency in generating gross profit from the sale of products or services. This increase can be caused by various factors such as improved sales, better cost control, and increased product selling prices.
The Company's Net Profit Margin has also increased, although it is still in negative numbers from -10.4% in 2021 to -6.3% in 2022. This shows that the company has succeeded in improving efficiency in managing operational costs so that the resulting net profit increases. Even though it is still a negative number, this increase shows the potential for the company to achieve positive profits in the future.
The company's Revenue Growth Rate also shows a significant increase from 10.8% in 2021 to 20.7% in 2022. This shows that the company is able to increase revenue from sales. This increase can be caused by various factors such as an increase in the number of customers, an increase in the products or services offered, and expansion of the market to new areas.
In addition, the Company also needs to pay attention to other financial ratios such as Return on Assets (ROA) and Return on Equity (ROE) to evaluate the effectiveness of the use of assets and capital. The company's ROA and ROE will still show negative numbers in 2022. Even so, the company will improve its performance by carrying out various strategies such as improving service quality, developing more innovative products, and better risk management.
Overall, PT Jasnita Telekomindo Tbk has shown positive financial performance with an increase in GPM, NPM, and Revenue Growth Rate in 2022. However, the company aims to improve its asset and capital utilization to achieve better profits. And Company plans to expand its product and service portfolio by entering the smart city market in 2023. With these new products and services, it is expected to attract more customers and increase the company's revenue. Additionally, the company will continue to improve service quality and product innovation to maintain customer satisfaction. With the right strategy, the company can continue to develop its business and achieve better profits in the future.