JAKARTA (Yosefardi) – Plantation company PT Tunas Baru Lampung Tbk (TBLA) booked sales of Rp6 trillion last year, grew by 62% from Rp3.7 trillion in 2013. During 2014, sales in the dollar denomination reached US$250 million.
In first nine months of 2014, TBLA booked revenue of Rp4.49 trillion. Its net profit jumped by more than threefold to Rp325.25 billion.
The company allocates capex of Rp1.2 trillion for this year. TBLA plans to build sugar mill in Lampung, cooking oil mill, and biodiesel factory.
At 10.30 am Jakarta time, TBLA gained 0.73% to Rp690 per share but in thin volume. It has fallen 8.6% this month.