Jakarta, July 31, 2024 – PT Impack Pratama Industri Tbk. (“The Company”) recorded Revenues of IDR1.43 trillion and Net Income of IDR267 billion in the first half of 2024. Despite the challenges posed by a weakening global economy and an extended Eid holiday, the Company achieved a 6.8% year-over-year increase in 2Q24 Revenues, reaching IDR690 billion, and boosted its 2Q24 Net Income to IDR118 billion, reflecting a 28.6% year-over-year growth.
Anticipating the second half of 2024, the Management considers the Company’s biggest challenges to be the weakening of the IDR currency against the US Dollar and the decline in consumer’s purchasing power. “The consumer’s purchasing power is beyond our control. Impack, on the other hand, consistently enriches our product diversifications by offering innovative products at affordable prices,” explained the Company’s President Director, Haryanto Tjiptodihardjo.