JAKARTA (Yosefardi) – State securities and investment firm PT Danareksa booked net profit of Rp23.09 billion in 2013, dropped 78% from Rp107.98 billion in 2012.

Revenue declined 26% to Rp378.45 billion from previous Rp514.19 billion. It suffered loss of Rp61.95 billion from trading trading. In 2012, Danareksa booked gain of Rp168.15 billion for trading stocks.

Its assets increased 5.3% to Rp2.53 trillion while liability rose 7.5% to Rp1.89 trillion. Danareksa has cash and cash equivalent of Rp732.67 billion.