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Rabu, 30 Maret 2011

Bayan 2010 Profit Jumps Fourfold - The Indonesia Today

Coal miner PT Bayan Resources Tbk (BYAN) booked net profit of Rp740.79 billion, jumped by fourfold (443%) from Rp136.29 billion in previous year, boosted by revenue.

It recorded net earning per share (EPS) of Rp222 compared to Rp41 in 2009.

Revenue increased 13% to Rp8.75 trillion from Rp7.75 trillion a year earlier while cost of revenue also rose to Rp6.7 trillion.

Gross profit was Rp2.04 trillion and operating cost totaled Rp735.26 billion. Then, it booked operating profit of Rp1.31 trillion, far higher than Rp365.02 billion in previous year.

As of December 31, 2010, BYAN's assets totaled Rp8.37 trillion while liability amounted Rp5.33 trillion. It has cash of Rp1.44 trillion.

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