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Cahayaputra's profit increases by 522.92%

27 March 2019 06:04 AM  Company: PT. Cahayaputra Asa Keramik Tbk[CAKK]
Rp. 108  -1 (-0.92%)

JAKARTA - PT Cahayaputra Asa Keramik Tbk(CAKK), a ceramic tile company, recorded Rp 275.45 billion in sales revenue in 2018, 29.50% higher than its number in 2017 (Rp 212.76 billion). The increase in revenue was followed by increasing profit.

Based on the company's financial statements, the company's gross profit was recorded at Rp 39.25 billion, rose from Rp 19.71 billion recorded in 2017.

Despite the fact that the company's expenses increased, its profit before tax was still higher compared to 2017 (Rp 17.75 billion from Rp 2.91 billion in 2017).

The largest contributor to the company's revenue was the 40x40 cm ceramic tile which contributed Rp 125.45 billion, followed by 50x50 cm ceramic tile (Rp 73.87 billion), 25x40 cm ceramic tile (Rp 42 billion), 25x25 ceramic tile (Rp 32.18 billion), and others (Rp 1.03 billion). (LK/AR)

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PT. Cahayaputra Asa Keramik Tbk [CAKK]   Rp. 108   -1 (-0.92%)