JAKARTA - PT Langgeng Makmur Industri Tbk. (LMPI) recorded a net loss of Rp 41.66 billion in 2019, slightly better than the loss in 2018 (Rp 46.39 billion).
According to the company's financial statements, the company managed to increase its sales in 2019, from Rp 455 billion recorded in 2018 to Rp 517 billion.
However, the company also recorded an increase in a number of expenses, including cost of goods sold (rose by 15.9% to Rp.467.5 billion) and general and administrative expenses (rose by 5.3% to Rp 53.5 billion) (ARM/AR)