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Senin, 25 Juli 2011

Citra Marga Posts 14.1% Unaudited Profit Growth Indonesia - the Indonesia Today

Private toll-road operator PT Citra Marga Nusaphala Persada Tbk (CMNP) posted unadited net profit of Rp170 billion in the first half of 2011, grew by 14.1% from Rp149 billion in the same period of last year, Investor Bisnis Indonesia reported this morning.

Indrawan Sumantri, CMNP's finance director, said the company's revenue is expected to grow by 10% in the first half of this year. He added CMNP targets to book net profit of Rp325 billion this year. While revenue is targeted to grow 6% to Rp800 billion.

Indrawan also said the company plans to issue new shares through pre-emptive rights scheme, representing 10% its enlarged capital.

The company schedules to hold extraordinary general meeting (EGM) of shareholders for gaining approval on the plan. ( hans@theindonesiatoday.com)

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