JAKARTA - PT Bekasi Fajar Industrial Estate Tbk (BEST) managed to book a net profit of Rp 380.17 billion in 2019. The amount was down by 10.04% compared to the achievements in the previous year of Rp 422.61 billion.
This decrease is in line with the decline in the company's revenue from Rp 962.80 billion in 2018 to Rp 950.54 billion in 2019. On the other hand, the cost of revenue also increased by 16.80% on an annual basis to Rp 317.30 billion.
Declining net profit also triggered a decline in basic earnings per share to Rp 39.41 per share. In 2018, earnings per share of BEST was recorded at Rp 43.81 per share. (LM)