JAKARTA (Yosefardi) – PT Hanson International Tbk (MYRX) recorded net sales of Rp45 billion in the first quarter of 2015, dropped 73.5% from Rp170 billion in the same period of 2014.

The company only sold land for development in the period and made no sales for tins ore and no revenues from contract and services (sludge oil treatment and recovery oil).

In first quarter of 2014, MYRX booked sales of Rp22 billion from tins ore, revenue of Rp14.78 billion from sludge oil treatment contract and revenue of Rp10 billion from recovery oil contract.

Its assets reached Rp5.75 trillion while liability amounted Rp888.65 billion.