JAKARTA (Yosefardi) – Motorcycle distributor and financing PT Mitra Pinasthika Mustika Tbk (MPMX) booked net profit of Rp157.49 billion in first quarter of this year, grew by 22.6% from Rp128.43 billion in the same period of last year.
Net revenues rose 12.6% to Rp3.64 trillion from previous Rp3.23 trillion. Cost of revenues also increased 12.2% to Rp3.09 trillion from earlier Rp2.75 trillion.
Its assets grew by 8.8% to Rp12.2 trillion while liability reached Rp7.65 trillion. The company had cash and cash equivalent of Rp1.05 trillion.