JAKARTA (Indonesia Today) – PT Hexindo Perkasa Tbk (HEXA), unit of Hitachi Co Ltd, booked net profit of US$7.75 million in first nine months of 2014, dropped 36% from US$12.17 million in the same period of 2012.

Net revenue declined 17% to US$191.3 million from previous US$232 million. Operating profit fell 35% to US$10.5 million from earlier US$16.2 million.

Its assets totaled US$368.8 million and liability amounted US$151 million. It has cash on hand and in banks reached US$13.35 million.

For April 2014-March 2015 period, Hexindo projects to book sales of US$488.98 million and net income of US$23.4 million.