Jakarta, October 27th 2022 — PT Metrodata Electronics Tbk (MTDL), an issuer of Digital Information and Communication Technology (ICT), especially Digital Solutions & Consulting, also Digital Distribution, managed to increase revenue by 25.7% YoY to IDR15.2 trillion in the third quarter of 2022. Of the Company's total revenue, the revenue from of distribution business was IDR11.9 trillion, up 24.7% YoY. Meanwhile, the revenue from the solution and consulting business was at IDR3.6 trillion, an increase of 25.8% YoY.
The revenue increase in the distribution business unit was mainly contributed by sales of Notebook and PC which grew by 13%, as well as sales of smartphone products which grew by 51% and gaming products by 16%. It is expected that product diversification in the distribution business unit will continue to support sales growth going forward.
In addition, the contribution of increasing revenue from the solutions and consulting business units was obtained from the Company's initiatives to provide ICT solutions that are innovative and relevant to current technological transformation developments, such as IT Security in the midst of global cyber-attacks, Cloud Hyperscaler (Azure, AWS, Google Cloud), as well as software subscriptions and SaaS (software as a service).
Growth in the solutions business unit was mainly supported by sales to the financial services sector which grew 55%.
Up to 3rd quarter 2022, the Company booked a net profit of IDR371.4 billion, an increase of 5.7% from the same period of the previous year.
“The recovery in ICT supply has opened up opportunities for MTDL to increase market share, even though we have to compete our competitors more tightly. We are optimistic that this year MTDL can grow double digits,” said President Director of MTDL, Susanto Djaja.
As the competition in the ICT business is getting tighter, MTDL tries to be more adaptive in responding to the demands of changing market developments. Therefore, the Company has made agile adoption of new technologies, in order to improve the technical capabilities of its consultants to support the provision of updated ICT services. Agile Adoption is a development method of software iteratively and gradually according to client needs.
About PT Metrodata Electronics Tbk
PT Metrodata Electronics Tbk (“the Company”) a public listed company in Indonesian Stock Exchange since 1990 (IDX: MTDL) is a leading provider of solutions and consulting services, as well as the distribution of Information and Communication Technology (ICT) and Digital products and services in Indonesia. partnering with world-class ICT companies.
It currently has its main business which is the Digital Distribution Business (Providing World-Class ICT Hardware and Software) that handles distribution to the dealers and ICT solution companies as well as running an e-commerce business. The distribution network covers more than 150 cities across Indonesia and has more than 5,200 channel partners with more than 100 brands of world-class IT products and services.
Another main business is the Digital Solutions and Consulting Business (Digital Solution Provider to Help Companies Achieving Digital Transformation) provides complete ICT solutions based Metrodata’s 8 pillars of Digital Solution, which are Cloud Services, Big Data & Analytics, Hybrid IT Infrastructure, Security, Business Application, Digital Business Platform, Consulting & Advisory Services, and Managed Services to support digital business transformation.
For further information, please contact:
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Randy Kartadinata
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Melani Dwi Nastiti / M. Aditya
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PT. Metrodata Electronics, Tbk.
APL Tower 37th Floor
Jl. Letjen S. Parman Kav. 28
Jakarta 11470
Contact Us:
P: (62-21) 2934 5888
F: (62-21) 2934 5899
E: info.metrodata@metrodata.co.id
