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Jumat, 18 Maret 2011

Bakrie Sumatera 2010 Profit Surges 219% - The Indonesia Today

PT Bakrie Sumatera Plantations Tbk (UNSP) posted net profit of Rp805.63 billion in 2010, surged 219% from Rp252.68 billion in previous year due to loan interest write-off.
It recorded net earning per share (EPS) of Rp67.56 compared to Rp66.73 a year earlier.

The company booked gain of Rp525.98 billion from writting-off interest of loan in 2010. It posted no loan interest write-off in 2009.

Revenue increased 29% to Rp3.0 trillion from Rp2.33 trillion a previous year while cost of good sold only rose slightly to Rp1.71 trillion from earlier Rp1.65 trillion.

Meanwhile operating expense soared 119% to Rp442.3 billion from Rp202.17 billion in 2009. Then the company booked operating profit of Rp849.97 billion, a 81% rise compared to Rp470.32 billion in 2009.

As of December 2010, the company's assets totaled Rp18.5 trillion while liability amounted Rp9.96 trillion.

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