JAKARTA (Indonesia Today) – Property developer PT Metropolitan Land (Metland) Tbk (MTLA) booked net profit of Rp50.1 billion in the first quarter (Q1) of 2013, grew by 18% from Rp42.63 billion in the same period of 2012.
Revenues increased to Rp161.74 billion from previous Rp151.91 billion. Direct cost and cost of sales reached Rp70.39 billion than gross profit was Rp91.35 billion.
Its assets totaled Rp2.06 trillion while liability amounted Rp455.97 billion. It has cash and cash equivalent of Rp159.87 billion. (hans@theindonesiatoday.com)