JAKARTA - A subsidiary of PT RNI (Persero), PT Phapros Tbk (PEHA), is optimistic to reach the increase in the revenue and profit performance by the end of 2019. From 2014, the revenue and profit performance have increased by year on year.
Barokah Sri Utami, President Director of PT Phapros Tbk (PEHA) stated the company can maintain the profit margin at double digit in 2018 to reach Rp 135 billion. “Assets also increased from 1.87% to 59% in 2018 due to the acquisition,” said she, in Jakarta.
According to Sri Utami, as the profit increased, the management also recorded an increase in good corporate governance (GCG) from 79.48 points to 86.72 points.
In 2018, the net sales were recorded at Rp 1.02 trillion, rose from Rp 1 trillion in 2017. In 2016, the net sales were recorded at Rp 816.14 billion, higher from Rp 691.25 billion in 2015 and Rp 578.14 billion recorded in 2014.(LK/W)