JAKARTA (Yosefardi) – As coal business on its bearish, PT Dian Swastatika Sentosa Tbk (DSSA), unit of Sinar Mas Group, suffered loss of US$5.2 million in the first quarter of 2015, against US$1.5 million profit in the corresponding period of 2014.
Sales volume of coal and fertilizer dropped by 20%. DSSA’s revenue then fell 29% to US$114.6 million from previous US$160.9 million.
DSSA targets 10% growth for profit and revenue this year. It targets to book revenue of US$660 million this year, compared to US$599 million last year. DSSA booked net profit of US$8.8 million in 2014.