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Jumat, 18 Maret 2011

Sales Flat, Trikomsel Profit Jumps 74% to Rp204 Billion - The Indonesia Today

ICT retailer PT Trikomsel Oke (TRIO) Tbk booked net profit of Rp204 billion last year, jumped 74% from 2009 despite flat sales growth.

Trikomsel reported sales revenue of Rp5.51 trillion last year, inched up 0.8% only from Rp5.46 trillion in 2009. Cost of sales, however, declined 2% to Rp4.8 trillion. As a result, Trikomsel posted gross profit of Rp709 billion last year or a 25.7% growth from 2009.
Combined with insignificant growth of operating expenses, Trikomsel managed to book operating profit of Rp410 billion last year, surged 49% from 2009.

Trikomsel then book net profit of Rp204 billion or an earning per share of Rp46. The stock, TRIO, closed at Rp610 Thursday (March 17). At that price, Trikomsel currently has market capitalization of Rp2.71 trillion or about US$308 million.
Posted by Saham Pilihan at 09.25

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