JAKARTA (Indonesia Today) – Car distributor and dealer PT Tunas Ridean Tbk (TURI) posted profit attributable to owners of Rp253.14 billion in 2014, declined 17.6% from Rp307 billion in 2013. Earning per share (EPS) was Rp45.
Net revenue reached Rp11 trillion, equal to 2013, but cost of revenues increased to Rp10.38 trillion from previous Rp10.3 trillion. Cost of sales, administration, general and financial also increased.
Its assets totaled Rp3.96 trillion while liability amounted Rp1.81 trillion. The company has cash and cash equivalent of Rp199.55 billion.