JAKARTA (Yosefardi) – PT Unilever Indonesia Tbk (UNVR) booked net profit of Rp1.36 trillion in first quarter (Q1) of 2014, down 4.9% from Rp1.43 trillion in the corresponding period of last year.
Net sales increased 15.2% to Rp8.725 trillion from previous Rp7.575 trillion. Cost of goods sold also rose 22.3% to Rp4.52 trillion from earlier Rp3.69 trillion.
Marketing sales also increased 10.7% to Rp1.67 trillion and general and administration expenses jumped 35.5% to Rp668.54 billion. Then operating profit declined 3.4% to Rp1.865 trillion from Rp1.93 trillion in Q1 of 2013.
Its assets increased 7.2% to Rp14.3 trillion while liability declined 4.3% to Rp8.698 trillion. It has cash and cash equivalent of Rp387.88 billion.