JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) posted net profit of Rp5.86 billion in first quarter of 2015, significantly drop compared to Rp40.6 billion profit in the same period of last year.
Revenues reached Rp1.12 trillion, declined 5.5% from Rp1.18 trillion in previous year. General and administration costs increased 11.3% to Rp306 billion from earlier Rp275 billion.
Then RALS recorded operating loss of Rp24 billion, against profit Rp22 billion in first quarter of 2014.
Its assets totaled Rp4.38 trillion while liability amounted Rp1.01 trillion. The company has cash and cash equivalent of Rp364 billion.