JAKARTA (Yosefardi) – Cement maker PT Indocement Tunggal Prakarsa Tbk (INTP) booked net profit of Rp1.13 trillion in first quarter (Q1) of this year, inched down 1.4% from Rp1.15 trillion in the same period of last year. Earning per share (EPS) was Rp306.82.
Net revenue increased 6.6% to Rp4.49 trillion from previous Rp4.22 trillion. Cost of revenues also rose 12.5% to Rp2.53 trillion from earlier Rp2.25 trillion. Then gross profit was Rp197 trillion, equal to the same quarter of last year.
Operating expenses rose 8.1% to Rp729.39 billion and other operating expenses jumped 433% to Rp48.98 billion. Then operating profit fell 10.9% to Rp1.2 trillion from Rp1.36 trillion in first quarter of 2013. Finance income rose 8% to Rp224.16 billion.
Its assets totaled Rp27.2 trillion while liability amounted Rp3.17 trillion. It has huge cash of Rp12.49 trillion.