Heaptalk, Jakarta — PT Dyandra Media International (Issuer code: DYAN) conducted its Annual General Meeting of Shareholders (AGM) at Hotel Santika Premiere, Jakarta (05/21), to reveal Dyandra’s performance report for the fiscal year 2023.
“In 2023, the company achieved a revenue worth US$83 million, increased by 10% compared to the previous year at US$75 million. DYAN’s last year revenue was primarily bolstered by the Event Organizer business, contributed to around US$57.5 million or 79%, followed by the convention and exhibition hall business at US$10.3 million or 12%, the Hotel business worth US$3.2 million or 4%, and the event support business with US$4.1 million or around 5%,” The President Director of DYAN, Daswar Marpaung, conveyed.
Alongside the revenue increase, DYAN’s net profit increased around 129% Year over Year, from US$1.9 million in 2022 to US$4.3 million last year.
Furthermore, the Gross Profit Margin increased by 7% in 2023, amounting to US$25.5 million. The company also recorded an EBITDA growth of 31%, reaching US$10.9 million in 2023. However, DYAN’s total assets increased by 11% YoY, attaining US$75.3 million as of December 31st, 2023. In a similar period in 2022, Dyandra’s total assets were valued at US$68 million.
Post-pandemic, DYAN has consistently recorded increasing revenue performance each year. Rising market demand for the MICE industry, implementing cost efficiency and effectiveness, strengthened synergies among business units, and continuous improvement of the company’s competencies are strategic initiatives that are ultimately reflected in the company’s revenue and profit growth in fiscal year 2023.
The company’s 2023 Annual and Sustainability Reports highlighted the theme “Aiming at Sustainable Events for a Growing Business,” emphasizing sustainability as a key goal in its MICE operations. Each business event is meticulously planned to minimize its ecological footprint, focusing on waste management, resource conservation, recyclable materials, and renewable energy sources.
“By embracing sustainability principles in each aspect we organize, we strive to minimize environmental impact and contribute to the well-being of the community and environment. This matter demonstrates the company’s commitment to corporate social responsibility,” concluded Daswar.
