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Selasa, 23 Agustus 2011

London Sumatera H1 Profit Doubled - The Indonesia Today

Plantation company PT Perusahaan Perkebunan London Sumatera Indonesia Tbk (LSIP) posted net profit of Rp886.39 billion in the first half (H1) of 2011, surged 112% from Rp417.78 billion in the same period of last year.

It recorded earning per share (EPS) of Rp130, compared to Rp61 a previous year.

Sales increased 52% to Rp2.38 trillion from Rp1.57 trillion a year earlier while cost of good sold rose 36.9% to Rp1.12 trillion from previous Rp816.04 billion.

Gross profit was Rp1.27 trillion while operating profit reached Rp1.06 trillion, surged 92.3% from Rp550.18 billion in the first half of 2010.

As of June 2011, its assets totaled Rp6.44 trillion while liability amounted Rp1.42 trillion. It has cash and cash equivalent of Rp1.96 trillion.

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