Ceramic and title producer Arwana Citramulia (ARNA) booked a net profit of Rp171 billion in the first quarter (Q1) of 2022, which grew 44.2% year on year (y/y) as revenue rose 12.3% y/y to Rp744 billion. Gross profit increased 30.2% y/y to Rp302 billion, and operating profit rose 44.5% y/y to Rp219 billion.
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