JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) IV booked net profit of Rp750 billion in 2014, grew by 74.2% from Rp430.7 billion in 2013.
Revenues rose 17.1% to Rp6.32 trillion from previous Rp5.4 trillion. Its assets reached Rp10.9 trillion while liability amounted Rp5.61 trillion.
State plantation firm PT Perkebunan Nusantara (PTPN) VI also posted net profit of Rp87 billion last year, grew by 40.1% from previous year, while revenue declined 2.1% to Rp2.29 trillion.
Meanwhile, state plantation firm PT Perkebunan Nusantara (PTPN) III booked net profit of Rp676 billion in 2014, fell 46.1% from Rp1.25 trillion in 2013.
Its revenues however rose 2.5% to Rp39.52 trillion from earlier Rp38.55 trillion. Operating profit declined 12.9% to Rp2.64 trillion from previous Rp3.03 trillion. Its assets reached Rp65.67 trillion while liability amounted Rp44.88 trillion.
State plantation firm PT Perkebunan Nusantara (PTPN) X also reported 78.9% profit drop to Rp27 billion in 2014 as revenue fell 20.3% to Rp1.89 trillion.
