Jul 27, 2010

Sampoerna Agro 1H net sales up 33.17%

CPO player PT Sampoerna Agro Tbk (SGRO) today reports a 33.17% growth in net sales during the first 6 months this year (1H 2010).
In a publication today, Sampoerna Agro posted Rp745.65 billion of 1H 2010's net sales from a year earlier of Rp559.91 billion. 
Operating profit rose 29.87% from Rp148.25 billion at the end of June last year to Rp192.53 billion. Sampoerna Agro's net profit elevated 37.82% from Rp95.04 billion or Rp51 per share in 1H 2009 to Rp130.98 billion or Rp69 per share in 1H 2010. Foreign exchange loss abated from Rp7.38 billion as of June last year to Rp353 million in 1H 2010.

Disclosure: No position at the stock mentioned above. 

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