JAKARTA (Yosefardi) – PT Langgeng Makmur Industri Tbk (LMPI) booked net profit of Rp1.71 billion in 2014, against loss of Rp12.04 billion in 2013.
Net sales declined 24% to Rp513.5 billion from previous Rp676.1 billion. Cost of sales also dropped 63% to Rp14.68 billion and other expenses also dropped 77% to Rp5.16 billion.
Its assets totaled Rp808.89 billion while liability amounted Rp409.76 billion. It has cash of Rp9.07 billion.
LMPI manufactures plastic and aluminium household appliances, non-stick aluminium cookware, woven bags, polyvinyl chloride (PVC) pipes and other related products.