CITA - PT. Cita Mineral Investindo Tbk

Rp 1.940

-30 (-1,52%)

JAKARTA - PT Cita Mineral Investindo Tbk (CITA) noted its assets as much as Rp2.88 trillion or stable compared with the same period in 2015 as much as Rp2.79 trillion.

Director PT Cita Mineral Investindo Tbk Yusak Lumba Pardede explained about the company’s performance in 2015 and first quarter 2016. The company’s liabilities noted an increase by 31% from Rp1.50 trillion in 2015 compared with the first quarter 2016 an amounted Rp1.67 trillion.

“For equity, after the mining activity cessation, on the production and sales, in the last two years on  consolidated, the company was eroded by the loss that happened, which is the company did not make any sales; the equity decreased about 23% or amounted Rp379 billion,” he said.