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Prasidha Aneka's revenue soars 60%

17 November 2017 12:36 PM  Company: PT. Prasidha Aneka Niaga Tbk[PSDN]
Rp. 276  -28 (-9.21%)

JAKARTA - The increase of crumb rubber price in the international market during the third quarter 2017 was affected to the PT Prasidha Aneka Niaga Tbk (PSDN)'s revenue. During the period, the company's revenue noted Rp 1.09 trillion or soared approximately 60% compared with the same period 2016 noted Rp 686.25 billion.

During January-September 2017, the sales volume crumb rubber amounted 32,906 ton or approximately 70% of the total sales revenue. Followed by processed coffee noted 3,490 ton and coffee beans noted 100 ton. Until the end of 2017, the sales of three commodities will be targeted 47,537 ton. The largest sales contribution came from the crumb rubber will as much as 42,000 ton, processed coffee 4,200 ton, and coffee beans 1,337 ton.

On other hands, the management maintained the cost of goods sold approximately 85% during the third quarter 2017 compared with the same period 2016 noted 87%. While the gross profit increased to Rp 157 billion during the period 2017 compared with the same period 2016 noted Rp 83.25 billion. The company's profit for the year collected Rp 50.86 billion during January-September 2017 or soared compared with the same period 2016 its loss for the period noted Rp 6.14 billion. (LK)

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PT. Prasidha Aneka Niaga Tbk [PSDN]   Rp. 276   -28 (-9.21%)