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Atmindo’s profit declines

11 June 2018 07:51 AM  Company: PT. Ateliers Mecaniques D'Indonesie Tbk[AMIN]
Rp. 0  -398 (0%)

JAKARTA – PT Atmindo Tbk (AMIN) records its profit of Rp 8.42 billion in the first quarter of 2018. Its financial performance declined from Rp 9.64 billion in the same period last year.

Based on the company’s financial report, the declining profit was due to the increase in finance expense to Rp 3.02 billion, despite the company’s revenue rose to Rp 54.33 billion from Rp 53.01 billion in the same period of 2017. The company’s main revenue came from the sales goods at Rp 52.11 billion and followed by sales services at Rp 2.22 billion in the first quarter of 2018.

The company’s income before tax was Rp 11.25 billion or decreased from Rp 12.82 billion in the first quarter of 2017. Decrease of its income before tax was due to rising finance expenses to Rp 3.02 billion from Rp 1.31 billion in the same period last year. (LK)

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PT. Ateliers Mecaniques D'Indonesie Tbk [AMIN]   Rp. 0   -398 (0%)