JAKARTA (Indonesia Today) – PT TPS Food (AISA) Tbk reported 72% jump in sales revenue for the first half of 2012, lifted mostly by higher sales of rice.
The company generated Rp698 billion of sales revenue from rice in the period, skyrocketed 180% from the same period last year. Food processing division, meanwhile, contributed sales revenue of Rp619 billion, an increase of 34% over the first half of 2011.
The company booked gross profit of Rp267.3 billion, an increase of 52% from the corresponding period of 2011, while net profit tripled to Rp110.25 billion.