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Pool Advista Finance recorded a loss in Q1 2019

14 June 2019 15:39

JAKARTA. PT Pool Advista Finance Tbk (POLA) recorded a Rp 953.17 million loss in the first quarter (Q1) of 2019, due to declining revenue.

For comparison, in Q4 2018, POLA was still able to record a net profit of Rp 29.62 billion. In terms of revenue, POLA can still get as much as Rp. 54.66 billion in Q4 2018, but in Q1 this year, the company's revenue was only Rp. 5.4 billion.

With this performance, the company's Earning Per Share (EPS) in Q1 2019 was at the level of minus Rp. 0.29. Meanwhile, in the previous quarter, the company's EPS could be at the level of Rp 11.25. (KR/AR)

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