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Arwana Citramulia sales grow 13.35% in first semester

17 July 2019 16:35

JAKARTA - PT Arwana Citramulia Tbk (ARNA) recorded sales growth of 13.35% year on year (yoy) to Rp 1.05 trillion in the first semester of 2019.

Based on the company’s first semester financial statements released on Wednesday (17/7), sales to related parties were the primary contributor to ARNA’s sales growth with Rp 937.66 billion, followed by sales to third parties amounting to Rp 115.35 billion.

In addition, the company’s current-year profit rose 46.9% yoy to Rp 103.01 billion, while its net profit grew 46.65% to Rp 102.09 billion.

ARNA’s total assets in the first semester amounted to Rp 1.63 trillion, slightly lower than Rp 1.65 trillion in the same period last year. The company’s first semester assets consisted of current assets amounting to Rp 759.82 billion and non-current assets amounting to Rp 874.87 billion. (MS)

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