JAKARTA (Yosefardi) – Consumer goods producer PT Mandom Indonesia Tbk (TCID) posted net profit of Rp174 billion in 2014, grew by 8.7% from Rp160 billion in 2013. Earning per share (EPS) was Rp867.
Net sales rose 13.8% to Rp2.31 trillion from previous Rp2.08 trillion. Cost of goods sold also increased 12.8% to Rp1.41 trillion from earlier Rp1.25 trillion. Operating profit rose 12.4% to Rp254.49 billion, compared to Rp225.89 billion in 2013.
TCID’s assets reached Rp1.85 trillion while liablity amounted Rp569.73 billion. TCID targets to achieve Rp3 trillion sales in 2016.