JAKARTA (Yosefardi) – Shipping company PT Buana Listya Tama Tbk (BULL), subsidiary of shipping company PT Berlian Laju Tanker Tbk (BLTA), booked net profit of US$6.14 million in the first half of 2015, compared to US$996 thousand profit in the same period of 2014.
Revenue declined 13.6% to US$19.6 million from previous US$22.6 million. However BULL recorded foreign exchange (forex) gain of US$2.37 million, against forex loss of US$1.5 million in first half of 2014.
The company also recorded surplus of US$3.43 million from ship revaluation, higher than US$2.55 million surplus in previous year.
BULL’s assets reached US$211.09 million while liability amounted US$107.36 million. It has cash of US$2.23 million.