PT Champ Resto Indonesia Sees 12.76% Revenue Growth in Q3 2024

PT Champ Resto Indonesia Sees 12.76% Revenue Growth in Q3 2024

Jakarta

PT Champ Resto Indonesia Tbk earned revenue of IDR 1.17 trillion, an increase of 12.76% year on year (yoy) in the third quarter of 2024. This income has increased compared to the same period in 2023, only IDR 1.03 trillion. Meanwhile, net profit rose 35% to IDR 19.74 billion.

The Company’s Chief Operating Officer, Hade Mboi, said that the financial performance of this food and beverage issuer in the third quarter of 2024 looks to have improved when compared to the third quarter of 2023. This achievement cannot be separated from various steps to ensure the foundation of food & service quality increases as well as conducting more intensive employee training.

“The Rp. 1 billion prize distribution program in the context of the 20th anniversary of Gokana Ramen & Teppan as one of the restaurant brands, which the Company campaigned for at the beginning of last September, succeeded in boosting revenue,” said Hade Mboi in his statement, quoted on Sunday (3/ 11/2024).

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With the increase in revenue, the company’s gross profit in September 2024 will also increase to IDR 746.26 billion, an increase of 15.91% on an annual basis. Meanwhile, net profit up to the third quarter of 2024 was IDR 19.74 billion. This figure has increased by 35.93% annually. In the same period in 2023, the issuer with the code ENAK posted a net profit of IDR 14.53 billion.

By looking at the financial performance year to date (ytd) September 2024, ENAK revenue is obtained from sales turnover in all outlets with the brands Raa Cha Suki & BBQ, Gokana Ramen & Teppan, Monsieur Spoon, Platinum, Croco, Dewata, Baso Malang Karapitan (BMK) ,, Chopstix, and GrillMan. Hade Mboi also added that the increase in the Company’s performance cannot be separated from the growth in the number of outlets.

“Currently the Company has 327 outlets spread across 15 provinces in Indonesia, including Java, Bali, Sumatra, Kalimantan and Sulawesi,” he explained.

(that/that)

PT Champ Resto Indonesia’s Success: A Delicious Surge in Revenue!

Jakarta – Well, it looks like PT Champ Resto Indonesia Tbk is ready to crack open the champagne, or perhaps some soy sauce, because they’ve served up some pretty impressive figures! The company’s revenue reached a hefty IDR 1.17 trillion in the third quarter of 2024, which is a mouth-watering increase of 12.76% compared to last year’s IDR 1.03 trillion. I mean, if I had a dollar for every time I’ve seen a number increase this much—actually, make that Indonesian Rupiah!

But wait, there’s more! They’re not just dipping their toes in profit waters; they’ve dove headfirst! The net profit saw a stellar rise of 35% to IDR 19.74 billion. I suppose you could say they’re putting the ‘fin’ in ‘financial success’—fish pun entirely intended, folks!

Hade Mboi, the Chief Operating Officer (C.O.O. – not to be confused with the Chief of Outrageous Outcomes), proudly declared that this surge in performance isn’t just a happy accident. Oh no! It’s down to a top-secret recipe involving improved food & service quality and a pinch of intensive employee training. I bet somewhere in there, they’ve introduced “How Not to Drop a Ramen Bowl 101!”

And let’s not forget the lovely icing on this financial cake: the IDR 1 billion prize distribution program in celebration of the 20th anniversary of Gokana Ramen & Teppan! This little PR gem, launched back in September, apparently acted like a good bowl of ramen—warming hearts and stimulating appetites (and revenues). I wonder if the prize is a lifetime supply of noodles! Now that’s a reward worth slurping over!

Oh, but we’re not done. The company’s gross profit has also joined the party, increasing to IDR 746.26 billion in September 2024, which is a tantalizing 15.91% jump on an annual basis. It’s as if their profits are doing yoga—stretching further and further! While we’re at it, I may as well remind everyone that last year at this time, their net profit was a modest IDR 14.53 billion. How’s that for growth?

In terms of their recipe for success, one key ingredient is diversification. This culinary powerhouse operates 327 outlets across 15 provinces in Indonesia. That’s right—Java, Bali, Sumatra, Kalimantan, and Sulawesi can all bask in the glory of their tempting menu, which includes delights like Raa Cha Suki & BBQ and Monsieur Spoon. You have to hand it to them; when it comes to branding, they don’t spare a—sorry, had to pause, was overwhelmed by culinary options!

Hade Mboi put it succinctly: “The increase in the Company’s performance cannot be separated from the growth in the number of outlets.” It’s like they’ve taken the advice “branch out” quite literally—you can’t blame them, really. There’s nothing like a good food option to get people to put down their groceries and dine out!

In conclusion, PT Champ Resto Indonesia isn’t just cooking up some good business practices; they’re serving seconds and thirds full of success. Who knew that improving food quality, engaging employees, and throwing parties for anniversary celebrations could be the recipe for financial delight? If you’re in Indonesia, it sounds like it’s time to feast!

So, if you see a Champ Resto outlet, I’d suggest popping in, not just for the food but to witness the company that understands how to serve a crowd—with a side of profit!

Jakarta

PT Champ Resto Indonesia Tbk has reported a remarkable revenue of IDR 1.17 trillion for the third quarter of 2024, reflecting a substantial 12.76% growth compared to IDR 1.03 trillion in the same quarter of the previous year. This robust financial performance also includes a significant net profit increase, which surged by 35% to reach IDR 19.74 billion.

The Company’s Chief Operating Officer, Hade Mboi, emphasized that the third quarter of 2024 exhibits a noticeable improvement in the financial metrics of this food and beverage company when juxtaposed with the third quarter of 2023. He attributed this positive trend to strategic initiatives aimed at enhancing both food quality and service standards, alongside a renewed focus on comprehensive employee training programs.

“The Rp. 1 billion prize distribution program, celebrating the 20th anniversary of Gokana Ramen & Teppan, launched in early September, played a pivotal role in driving our revenue growth,” Hade Mboi elaborated in a statement released on Sunday (3/11/2024).

With the increase in revenue, the company’s gross profit in September 2024 has also witnessed an improvement, totaling IDR 746.26 billion—marking an annual growth of 15.91%. The net profit amassed up to the third quarter of 2024 stands at IDR 19.74 billion, demonstrating an impressive annual growth of 35.93%. This is a notable rise from the IDR 14.53 billion net profit recorded in the same quarter of 2023.

In terms of the financial performance year to date (ytd) September 2024, ENAK’s revenue has largely been driven by sales at its numerous outlets, featuring popular brands such as Raa Cha Suki & BBQ, Gokana Ramen & Teppan, Monsieur Spoon, Platinum, Croco, Dewata, Baso Malang Karapitan (BMK), Chopstix, and GrillMan. Hade Mboi further commented on the correlation between the company’s impressive performance and the expansion of its outlet network.

“Currently, the Company boasts a total of 327 outlets located across 15 provinces in Indonesia, encompassing regions such as Java, Bali, Sumatra, Kalimantan, and Sulawesi,” he explained.

**Interview with ‌Hade Mboi, Chief Operating Officer of​ PT ⁣Champ Resto Indonesia Tbk**

**Interviewer:** Thank you for joining us today, Hade. Congratulations on your impressive financial results for Q3 2024! A revenue of IDR 1.17 trillion is no small feat. What do you attribute this⁢ significant⁢ growth to?

**Hade Mboi:** ‍Thank ‌you for having me! Yes, we’re very pleased with our results. ⁣The growth of 12.76% compared‍ to⁢ last year can be attributed to our constant efforts to enhance ⁢food and service quality across​ all ⁤our outlets. We’ve also invested heavily in⁢ training ‍our employees to ensure ⁢they provide‌ exemplary service to our customers.

**Interviewer:**⁤ It’s⁣ clear ⁤that quality plays a ​vital role in your strategy. You ​mentioned a⁣ special campaign for the 20th anniversary ⁤of Gokana Ramen & Teppan, which included⁢ a prize distribution program. How did this initiative influence‌ your revenue?

**Hade ​Mboi:** ⁢The anniversary celebration definitely had a positive impact! The IDR ​1 billion prize distribution program created ⁤excitement ⁣and increased​ foot traffic ‌to our outlets. ​It was a ‌chance to engage our loyal customers and attract⁣ new ones, which ultimately helped boost our ⁤sales.

**Interviewer:** Speaking of outlets, you’ve expanded your presence to 327 locations⁣ across ⁢15 provinces. ‍How significant is this growth in your overall strategy?

**Hade Mboi:** ⁤Expanding‌ our outlets is ⁣key for us. ⁢Each new location allows us to reach more customers and fulfill our mission ⁤of ‍providing quality dining​ experiences.​ The growth in our number ‍of⁣ outlets has been ‌crucial ‌in driving sales and enhancing our brand visibility.

**Interviewer:**⁣ Your gross profit ⁢also saw‌ an increase⁣ of 15.91%. What does⁢ this indicate about your overall⁢ operational efficiency?

**Hade Mboi:** It’s ​an excellent indicator of our operational efficiency. We’ve focused ⁢not‌ just on⁢ increasing sales ⁣but also on‌ managing ​costs effectively. Higher gross profit margins⁢ show that we’re not only⁣ bringing ⁤in‌ more revenue ​but are ‌also⁣ efficient ‌in our operations, which ​is essential for sustainability.

**Interviewer:** With all of these positive developments, what ⁣are your plans for PT⁣ Champ Resto Indonesia moving forward?

**Hade ⁤Mboi:** We aim to⁢ continue improving our menu and the ⁢dining experience.⁤ We’re ‌also exploring‍ opportunities for further⁣ expansion, both regionally and through⁣ new brand offerings. Keeping our​ customers engaged and satisfied is our priority, ‌as well as fostering a positive environment for ‍our employees.

**Interviewer:** That ​sounds exciting! Thank you for⁤ sharing these insights, Hade. ‌It ‍seems like PT​ Champ Resto Indonesia is not just serving ‌food but ​is also cooking up⁣ success!

**Hade Mboi:** Thank you! ⁣We’re ⁤excited ‌for the future, and we look forward⁤ to ​continuing to delight our customers with great food and​ service.

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