GoTo Gojek Tokopedia Reports Q3 Net Profit Growth and Revenue Increase
PT GoTo Gojek Tokopedia Tbk (GTOFF) has reported a significant financial turnaround for the third quarter, achieving a net profit of Rp441.00 billion. This marks the company's third consecutive quarter of profitability, a notable shift from the net loss of Rp255.00 billion recorded during the same period last year. The company also saw its net revenue grow by 17% year-on-year, reaching Rp5.56 trillion. These results suggest improving operational efficiencies and a strengthening bottom line as the group continues to stabilize its financial performance.
