JAKARTA (Yosefardi) – Shipping company PT Pelayaran Tempuran Emas Tbk (TMAS) booked net profit of Rp231.3 billion in the first nine months to September of 2015, jumped 71% from Rp135.4 billion profit in the corresponding period of 2014.
Services revenues only increased 0.9% to Rp1.19 trillion from previous Rp1.18 trillion. But cost of revenues fell 5.2% to Rp866.59 billion from earlier Rp913.93 billion.
Shipping services contributed revenues of Rp773.57 billion and stevedoring services contributed revenues of Rp414.2 billion.
TMAS’ assets reached Rp1.83 trillion while liability amounted Rp1.15 trillion. It has cash and cash equivalent of Rp78 billion.