JAKARTA (Yosefardi) – Motorcycle distributor and financing PT Mitra Pinasthika Mustika Tbk (MPMX) booked profit attributable to equity of Rp116 billion in the first quarter of 2015, declined 24% from Rp152 billion in the same period of 2014. Net profit margin was 3%.
Net sales increased 7.1% to Rp3.9 trillion from previous Rp3.64 trillion. Operating profit however fell 15.5% to Rp206 billion from earlier Rp244 billion. Operating profit margin was 5.3%.
Its assets reached Rp14.07 trillion while liability amounted Rp8.79 trillion. MPMX’s market capitalization reaches Rp3.23 trillion with price earning ratio of 6.7 times. (rully@yosefardi.biz)