JAKARTA (Yosefardi) – PT Kedawung Setia Industrial Tbk (KDSI), which manufactures mainly enamelware, booked profit attributable to owners of Rp44.49 billion in 2014, grew by 22.2% from Rp36 billion in 2013.
Net sales rose 17.3% to Rp1.62 trillion from previous Rp1.38 trillion. Cost of goods sold also rose 15.8% to Rp1.39 trillion from earlier Rp1.2 trillion.
Export sales accounted for Rp209.56 billion while domestic sales totaled Rp1.41 trillion.
Operating profit jumped 63.4% to Rp85.39 billion from Rp51.8 billion in 2013. Its assets reached Rp952.17 billion while liability amounted Rp555.68 billion.