JAKARTA – PT Bukit Uluwatu Villa Tbk (BUVA) suffered loss of Rp11.97 billion in January-September 2015 period, expanded 79.55% from Rp6.67 billion loss in the corresponding period of 2014.
Drop in other income and higher costs are factors affecting the loss jump. Sales and operating revenue rose 4.26% to Rp145.28 billion.
While cost of goods sold increased 4.21% to Rp42.98 billion. Then gross profit only rose 4.29% to Rp102.3 billion. Other income dropped 79.13% to Rp317.02 million from previous US$1.52 billion.