Jul 28, 2010

Resource Alam 1H profit jumps 169%

PT Resource Alam Indonesia Tbk posted a 168.97% jump in net profit during the first half this year on the back of soaring net sales.
In a publication today, the company booked Rp69.59 billion of net profit or Rp70 per share in 1H 2010 compared to the same period last year of Rp25.96 billion or Rp26 per share.
Operating profit rose 169.11% from Rp36.77 billion in 1H 2009 to Rp98.95 billion in 1H 2010.
Resource Alam's net sales increased 85.26% from Rp223.23 billion in 1H 2009 to Rp413.55 billion in 1H 2010.

Disclosure: No position at the stock mentioned above. 

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