JAKARTA (Indonesia Today) – PT Hexindo Perkasa Tbk (HEXA), unit of Hitachi Co Ltd, booked net profit of US$16.9 million in first nine months of 2013, dropped 66% from US$48.6 million in the same period of 2012.
Net revenue declined 28% to US$342.8 million from previous US$476.89 million. Operating profit was US$22.65 million, compared to US$64.88 million in first nine months of 2012.
Sales of heavy equipments and commission income fell 34.7% to US$193.15 million from previous US$296.3 million. Sales of spareparts totaled US$86.3 million and repair and maintenance services contibuted revenue of US$57.69 million.
Its assets totaled US$431.62 million and liability amounted US$219.04 million. It has cash on hand and in banks reached US$13.88 million.