JAKARTA (Yosefardi) – Chemical producer and distributor PT Lautan Luas Tbk (LTLS) booked net profit of Rp201 billion in 2014, jumped 57.8% from Rp127 billion in 2013.
Revenues rose 2.7% to Rp5.88 trillion from previous Rp5.73 trillion. Operating profit surged 50% to Rp418 billion from earlier Rp278 billion.
The company allocates capital expenditure (capex) of Rp250 billion for this year, to help funding its main projects such as logistic warehouse in Semper, Tanjung Priok, plant expansion in Mojosari, and chemical plant construction in Tangerang. (rully@yosefardi.biz)