IDXChannel - Indonesian ceramic producer, PT Arwana Citramulia Tbk (ARNA) recorded net sales of Rp2.58 trillion in 2022, growing 1.25 percent compared to the previous year's net sales which were recorded at Rp2.55 trillion.
The majority of these sales came from related parties amounting to Rp2.29 trillion, with total sales to Catur Sentosa Adiprana amounting to Rp1.83 trillion or 71.02 percent of total sales to related parties.
Meanwhile, sales to third parties were recorded at idr 309.97 billion.
Furthermore, the costs of goods were observed to have fallen to Rp1.53 trillion, decreasing slightly compared to Rp1.63 trillion in the previous year.
As a result, the company posted a gross profit of Rp1.05 trillion, up from Rp919.12 billion in 2021.