JAKARTA - The profit of PT Mega Perintis Tbk (ZONE), a textile and garment company, was recorded at Rp 4.71 billion in the first quarter of 2019, 2,179% higher than its profit in Q1 2018 (Rp 207 million). The increase in profit was supported by a significant increase in the company's revenue during the period.
Based on the company's financial statements, in the first quarter of 2019, the company generated sales revenue of Rp 102.64 billion, up from Rp 81.85 billion recorded in the first quarter of 2018. The company's gross profit was recorded at Rp 55.69 billion, up from Rp 43.14 billion in Q1 2018.
Furthermore, the company's total asset in Q1 2019 was recorded at Rp. 423.14 billion, up from Rp. 398.43 billion recorded in Q1 2018. (LK/AR)