Press Release MD Pictures Q3 2018
MD Pictures surpasses 3Q2018 sales targets with a 67% jump in revenue.
Jakarta, 5 November 2018, PT MD Pictures Tbk (FILM) releases a new movie following its success to surpass the 2018 sales target, recording IDR 232,8 billion in the 3rd quarter of 2018, a 67% jump over last year's figures. Gross profit increased by 48% to IDR 122,2 billion with a 30% increase in net profit to IDR 96,7 billion.
"We have been able to reach this level of performance thanks to our expertise and knowledge in the film industry, as well as by applying the right strategies," said Manoj Punjabi, FILM President Director.