JAKARTA (Yosefardi) – PT Indomobil Sukses Internasional Tbk (IMAS) booked net profit of Rp79.14 billion in first quarter of this year, dropped 49% from Rp156.49 billion in the same period of last year. Earning per share (EPS) was Rp27.23.
Net sales declined 6.4% to Rp4.59 trillion from previous Rp4.89 trillion. Cost of revenue also fell 7.6% to Rp3.99 trillion. Operating profit however increased 34% to Rp248.55 billion.
IMAS recorded equity in net loss of associated companies of Rp15.9 billion and finance charges of Rp153.1 billion.
Its assets reached Rp22.89 trillion while liability amounted Rp16.39 trillion. The company has cash and cash equivalent of Rp1.11 trillion.