PT Inocycle Technology Group Tbk

Jakarta Stock Exchange INOV.JK

PT Inocycle Technology Group Tbk Gross Profit for the year ending December 31, 2023: USD 7.19 M

PT Inocycle Technology Group Tbk Gross Profit is USD 7.19 M for the year ending December 31, 2023, a -10.51% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

PT Inocycle Technology Group Tbk Gross Profit for the year ending December 31, 2022 was USD 8.03 M, a -9.11% change year over year.
PT Inocycle Technology Group Tbk Gross Profit for the year ending December 31, 2021 was USD 8.84 M, a 50.23% change year over year.
PT Inocycle Technology Group Tbk Gross Profit for the year ending December 31, 2020 was USD 5.88 M, a -5.79% change year over year.
PT Inocycle Technology Group Tbk Gross Profit for the year ending December 31, 2019 was USD 6.24 M, a -11.01% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Jakarta Stock Exchange: INOV.JK

PT Inocycle Technology Group Tbk

CEO	Mr. Hyuk Choi Jae
IPO Date	July 10, 2019
Location	Indonesia
Headquarters	Kawasan Industri Pasar Kemis
Employees	274
Sector	Materials
Industries Composite Materials Ceramics Cleaning Supplies Consumer Packaged Goods Paper & Forest Products Personal Care Petrochemicals Plastics

Description

PT Inocycle Technology Group Tbk engages in the production and sale of recycle polyester staple fiber in Indonesia, the United States, Japan, the Philippines, India, Saudi Arabia, Morocco, Germany, Spain, Italy, and Australia. The company provides hollow conjugated, solid, and special function fiber; and geotextile non-woven products, including padding, needle punching, and high density padding for use in various industries, such as mining, construction, agriculture, manufacturing, and infrastructure. It also produces homeware products comprising mattresses, pillows, bolsters, blankets, carpets, mattress protectors, and bed cover sets. The company was formerly known as PT Hilon Felt and changed its name to PT Inocycle Technology Group Tbk in 2019. The company was founded in 2001 and is headquartered in Tangerang, Indonesia. PT Inocycle Technology Group Tbk is a subsidiary of PT Hilon Indonesia.

Key trends

Past 5 years