JAKARTA (Yosefardi) – As coal business on its bearish, PT Dian Swastatika Sentosa Tbk (DSSA), unit of Sinar Mas Group, suffered loss of US$12.35 million in the first half of 2015, against US$9.28 million profit in the corresponding period of 2014.
Revenues declined 21.4% to US$235.7 million from previous US$300 million. Operating profit dropped to US$1.96 million from earlier US$7.42 million.
Its assets reached US$1.5 billion while liability amounted US$650 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. (rully@yosefardi.biz)