Jul 27, 2010

Bentoel Investama 1H profit up 386%

Cigarette maker PT Bentoel Internasional Investama Tbk (RMBA) today announces a 386.39% surge in its net profit for the period ended June this year as a result of higher net sales.
In a publication today, Bentoel booked Rp112.60 billion of net profit or Rp15.55 per share in 1H 2010 compared to the same period last year of Rp23.15 billion or Rp3.44 per share.
Bentoel's operating income rose 63.81% from Rp179.27 billion in 1H 2010 from a year earlier of Rp293.67 billion.
The company also posted net sales of Rp4.37 trillion in 1H 2010, a 52.79% growth from a year earlier of Rp2.86 trillion.

Disclosure: No position at the stock mentioned above.  

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