JAKARTA - PT Meta Epsi Tbk (MTPS) posted Rp 24.93 billion of current profit in the third quarter of 2019, rising up high compared to Rp 5.62 billion obtained in the same period of 2018. The profit increase is in line with revenue growth.
Kahar Anwar, President Director of PT Meta Epsi Tbk (MTPS), said that the company recorded significant increase in sales of the third quarter 2019 compared to the same period last year. "As for the Income and Comprehensive Income Statement, PT Mitra Epsi recorded a significant increase in net sales comparing September 30, 2018 to September 30, 2019; there was nearly three times increase; cost of goods also increased three times," he said
Sales were recorded increasing at Rp 106.14 billion, from Rp 36.07 billion in the third quarter of 2018. Gross profit was also recorded much higher at Rp 31.38 billion, from Rp 11.99 billion; and operating profit rose to Rp 24.66 billion, increased from Rp 6.97 billion. (LK/W)