JAKARTA (Yosefardi) – PT Unilever Indonesia Tbk (UNVR) reported 12% growth in net profit to Rp4.09 trillion in first nine months of this year, compared to Rp3.65 trillion profit in the same period of last year. Earning per share (EPS) was Rp536.

Net sales increased 13% to Rp23.03 trillion from previous Rp20.34 trillion. Cost of goods sold also rose to Rp11.2 trillion from previous Rp9.98 trillion.

Marketing and selling expenses increased to Rp4.86 trillion from earlier Rp4.28 trillion. General and administration expenses also rose to Rp1.53 trillion from previous Rp1.16 trillion. Then operting profit reached Rp5.49 trillion.

The company’s assets totaled Rp13.34 trillion while liability amounted Rp7.83 trillion. It has cash and cash equivalent of Rp520.6 billion. UNVR shares declined 1.73% to Rp31,250 Wednesday (Oct 30), which might reflect PE multiple 43.73 on annulized EPS.