JAKARTA (Yosefardi) – Consumer player PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) continued to post double digit growth in third quarter of 2015 despite slowdown of domestic economy, also supported by debts cut.
ULTJ reported 91% jump in net profit to Rp394 billion in nine months of 2015 as gross profit and operating jumped 53% and 86% respectively in the period.
Sales rose 13.54% to Rp3.27 trillion while debt deleveraging reached Rp262 million, from previous Rp3.9 billion. ULTJ’s assets reached Rp3.39 trillion while liability amounted Rp722 billion.