JAKARTA (Yosefardi) – PT Gunawan Dianjaya Steel Tbk (GDST), a producer of hot-rolled steel plates, suffered net loss of Rp13.93 billion in 2014, against profit Rp91.88 billion in 2013.
Net sales declined 13.8% to Rp1.2 trillion from previous Rp1.4 trillion. While cost of goods sold only fell 3.5% to Rp1.15 trillion from earlier Rp1.19 trillion. The gross profit dropped 71% to Rp61.9 billion from Rp215 billion in 2013.
Its assets totaled Rp1.35 trillion while liability amounted Rp484.17 billion. It has cash and cash equivalent of Rp270.34 billion.