JAKARTA (Yosefardi) – PT Media Nusantara Citra Tbk (MNCN) booked net profit of Rp414.7 billion in first quarter of this year, declined 7.8% from Rp449.7 billion in the same period of last year. Earning per share (EPS) was Rp28.22.
Revenues increased 9.6% to Rp1.49 trillion from previous Rp1.36 trillion. Revenues from advertisement grew by 12% to Rp1.39 trillion from earlier Rp1.25 trillion.
While direct costs totaled Rp722.11 billion, then gross profit was Rp774.36 billion, higher than Rp685.88 billion in first quarter of 2013.
MNCN also recorded tax expenses of Rp139.86 billion, compared to Rp110.1 billion a previous year. Its assets totaled Rp9.78 trillion while liability amounted Rp1.71 trillion. The company has cash of Rp709.43 billion.