JAKARTA. PT Sariguna Primatirta Tbk (CLEO) 's net profit in 2018 fiscal year reached Rp 63.62 billion, grew by 26.09% from the previous year. In 2017, CLEO's net profit reached Rp 50.17 billion.
In the information disclosure on the Indonesia Stock Exchange (IDX) on Monday (25/3), the growth of CLEO's net profit in 2018 was supported mainly by sales growth of 35.21% to Rp. 831.10 billion. In the previous year, CLEO sales only reached Rp 614,667 billion.
CLEO's net sales in 2018 are dominated by bottled water (37.02%) followed by gallon water (34.80%), plastic cup water (27.85%), and other products (0.32%). The bottled water sales grew by 49.25% to Rp 307.67 billion, the gallon water sales grew by 22.45% to Rp 298.26 billion, the plastic cup water sales grew by 66.76% to Rp 231.48 billion.
CLEO recorded total company assets of Rp 833.93 billion in 2018, up by 26.18% from 2017 number. Meanwhile, its total liabilities reached Rp 198.46 billion. (KR/AR)