JAKARTA (Indonesia Today) – Indonesia Stock Exchange (IDX) has lifted suspension in the trading of Truba Alam Manunggal (TRUB) shares. Trading will resume this morning, Friday Sept 14 after more than two months of suspension.
IDX halted the trading of Truba shares since July 2nd, 2012 for the delay in releasing first quarter 2012 financial statement. Truba has recently released the first quarter 2012 financial statement, wherein Truba reported net profit of Rp30.69 billion against Rp3.3 billion in the corresponding period of 2011.
Truba generated sales revenue of Rp357.6 billion in the first quarter, slashed by 40.5% from the same period last year. Its gross profit also declined to Rp36.9 billion from Rp45.6 billion in the first quarter of 2011.
As of March 31, 2012, the engineering firm had total assets of Rp3.68 trillion, of which liabilities reached Rp2.35 trillion, while equity at Rp1.33 trillion. (Indonesia Today)