Insight

INET: Expansionary Projects, Targeting 30x in Additional Revenue

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Algo Research Team


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Key Summary:


  • INET recoded substantial revenue and net profit growth in 1Q25
  • 2 flagship projects are expected to increase revenue significantly
  • Company plans to do rights issue to finance these projects

Sinergi Inti Andalan Prima (INET) reported its 1Q25 financial results, with net profit growth recorded at +190% YoY as net margin improved to 12.7% and revenue increased by +57% YoY.


About the company: INET, also known as Sinergy Networks, is an Indonesian digital infrastructure firm established in 2016, which has partnered with notable clients such as DCII and WIFI.


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