JAKARTA (Yosefardi) – Cocoa processor PT Davomas Abadi Tbk (DAVO) targets to book revenue of Rp700 billion next year, a 19% growth compared to Rp587 billion estimated for this year.
It booked revenue of Rp452 billion in first nine months of this year. The company booked net profit of Rp278.1 billion, compared to loss Rp458.88 billion in the same period of last year.
DAVO will focus on consolidation and efficiency in 2014. As of September this year, its assets totaled Rp2.54 trillion while liability amounted Rp180.17 billion.