JAKARTA (Yosefardi) – State construction firm PT Wijaya Karya Tbk (WIKA) booked net profit of Rp438.47 billion in first nine months of this year, grew by 40% from Rp313.39 billion in the corresponding period of last year. EPS was Rp63.54.
Net sales increased 24% to Rp7.9 trillion from previous Rp6.37 trillion. Cost of sales reached Rp7.07 trillion, then gross profit was Rp844.05 billion. Operating profit reached Rp777.12 billion.
Its assets totaled Rp12.04 trillion while liability amounted Rp8.94 trillion. It has cash and cash equivalent of Rp885.5 billion.
WIKA shares fell 1.22% to Rp2,025 Tuesday (Oct 29), which might reflect PE multiple 23.9 on annualized EPS.