JAKARTA - PT Nippon Indosari Corpindo Tbk. (ROTI) managed to generate Rp 301 billion in net profit in 2019, 74.3% higher than the figure recorded in 2018 of Rp 172.69 billion
Based on the company's financial statements published today (3/3), with the significant growth in profit, Nippon Indosari's earnings per share also increased to Rp 49.29.
The profit growth was supported by the company's revenue growth which reached 20.6% to Rp 3.34 trillion in 2019. In addition, the company managed to increase its operating income and get profit from social entities. Its increase in revenue is supported by their increase of general trade, amounting 41% or Rp 791 billion, due to its increase in outlets and distribution area.
The issuer managed to increase its total asset value to Rp 4.68 trillion. The company's liabilities and equity, also grew to Rp 1.58 trillion and Rp 3.09 trillion. respectively. (ARM/AR)