Dahana able to post positive revenue despite pandemic

RUPS PT Dahana

Subang, IO – State-run defense companies showed a positive trend in revenue despite the Covid-19 pandemic. One of them is PT Dahana, which managed to post Rp1.9 trillion worth of revenue in 2021, as announced in its Annual General Meeting of Shareholders (AGMS).

PT Dahana is part of the state-owned holding company for the defense industry, DEFEND ID. PT Dahana president director Wildan Widarman said despite challenges posed by the Covid-19 pandemic with all its variants, the company managed to maintain its performance, allowing it to increase revenue by 16.5% compared to the previous year.

“The largest contribution came from the drilling and blasting business which accounted for 49.3% of a total revenue of Rp937.8 billion,” said Wildan on Wednesday (6/7). PT Dahana also logged 18.7% increase in total assets, 36.5% in total liabilities, 6.4% in equity compared to 2020.