JAKARTA (Yosefardi) – Feed producer PT Malindo Feedmill Tbk (MAIN) booked net profit of Rp87.3 billion in first half of this year, dropped 50% from Rp174.41 billion in the same period of last year.
Revenues increased 15.3% to Rp2.3 trillion from previous Rp1.99 trillion. But cost of goods sold rose 24% to Rp2.01 trillion from earlier Rp1.615 trillion.
Its assets totaled Rp2.97 trillion while liability amounted Rp1.72 trillion. It has cash and cash equivalent of Rp246.39 billion.