JAKARTA (Yosefardi) – PT Surya Toto Indonesia Tbk (TOTO) booked net profit of Rp91 billion in the first quarter of 2015, up 8% from Rp84 billion in the same period of 2014.
Sales rose 18.2% to Rp585 billion from previous Rp495 billion and operating profit increased 10% to Rp125 billion from earlier Rp114 billion.
Its assets reached Rp2.1 trillion while liability amounted Rp935 billion. Surya Toto is primarily engaged in manufacturing sanitary wares, fittings and kitchen fixtures.
Sales of sanitary grew by 17% to Rp253 billion and sales of fitting jumped 91% to Rp319 billion. (rully@yosefardi.biz)