JAKARTA (Yosefardi) – PT Gunawan Dianjaya Steel Tbk (GDST), a producer of hot-rolled steel plates, suffered loss of Rp58.48 billion in the first half of 2015, against profit Rp23.92 billion in the same period of 2014.
Sales declined 26.9% to Rp488 billion from previous Rp668 billion. While cost of goods sold only fell 15.5% to Rp526 billion from earlier Rp610.77 billion.
Then gross loss was Rp27.7 billion, against profit Rp57.23 billion a previous year. Its assets reached Rp1.2 trillion while liability amounted Rp415 billion.
PT Jaya Pari Steel Tbk (JPRS) also suffered loss of Rp3.9 billion in the first half of this year, compared to profit Rp4.1 billion in the same period of 2014. Revenue dropped 42% to Rp102 billion from previous Rp176 billion. Its assets reached Rp397 billion while liability amounted Rp51.37 billion.