JAKARTA (Yosefardi) – PT Logindo Samuderamakmur Tbk (LEAD), engaged in sea freight transportation services, booked revenue of US$17.3 million, equivalent Rp195 billion, in first quarter of this year, jumped 54.4% from US$11.2 million in the same period of 2012.

While net profit grew by 6.2% to US$5.7 million, equivalent Rp64.4 billion, from US$3.5 million in previous year.

Its assets totaled US$256.5 million. It allocates capital expenditure (capex) of US$80-90 million for this year, to fund the purchase of 4-5 units of new vessel.