JAKARTA (Yosefardi) – Oil country tubular goods producer PT Citra Tubindo Tbk (CTBN) booked net profit of US$13.73 million in first half of this year, lower than US$15.08 million in the same period of last year.

Revenues increased to US$92.87 millin from previous US$83.49 million while cost of goods sold also rose to US$58.82 million. Operating profit reached US$17.17 million, lower than US$18.25 million in first half of 2012.

Its assets totaled US$293.94 million while liability amounted US$167.75 million.