JAKARTA (Yosefardi) – PT SMR Utama Tbk (SMRU), a mining and natural resources company currently operating a Manganese mine site in Nusa Tenggara Timur, Indonesia, suffered loss of US$2.65 million in the first quarter of 2015, widened from loss US$1.1 million in the same period of 2014.
SMRU recorded revenue of US$9.19 million while cost of goods sold reached US$9.13 million. It also recorded general and administration cost of US$2.4 million, then the company booked operating loss of US$2.62 million.
Its assets reached US$209.8 million while liability amounted US$102.4 million. The company has cash of US$1.08 million.