JAKARTA (Indonesia Today) – PT ABM Investama Tbk (ABMM) booked net profit of US$13.09 million in the first half of 2012, dropped 36% from US$20.62 million in the corresponding period of 2011.
Sales and service revenue increased to US$430.39 million while cost of goods sold also rose to US$340.81 million. As a result, gross profit was US$89.59 million. Operating profit increased to US$37.7 million from US$32.96 million in first half of 2011.
As of June 2012, its assets totaled US$1.24 billion while liability amounted US$888.31 million. It has cash and cash equivalent of US$134.57 million. (hans@theindonesiatoday.com)