JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) V booked net profit of Rp230.55 billion in 2014, jumped by 77% from Rp130.38 billion in 2013.
Revenue grew by 11.3% to Rp5.53 trillion from previous Rp4.97 trillion. Net sales of palm rose 14.5% to Rp5.3 trillion from earlier Rp4.64 trillion.
Its assets totaled Rp5.46 trillion while liability amounted Rp3.36 trillion. It has cash and cash equivalent of Rp308.68 billion.