Aug 5, 2010

Fast Food 1H earning up 25.26%

Publicly listed PT Fast Food Indonesia Tbk today reports a 25.26% increase in its earning during the first half this year on the back of higher sales.
In the financial statement published today, Fast Food posted Rp83.17 billion of earning or IDR186 per share in the fist half this year from a year earlier of Rp66.40 billion or Rp149 per share.
Fast Food posted a jump of incentives of supply agreement worth Rp9.16 billion as of June 2010 from a year earlier of Rp1.36 billion.
Interest income also elevated from Rp5.37 billion in the first half last year to Rp6.93 billion.
Operating profit rose 10.44% from Rp83.71 billion in June last year to Rp92.45 billion at the end of June this year.
Fast Food posted sales of Rp1.39 trillion in the first half this year, a 28.70% rise compared to the same period last year of Rp1.08 trillion. 

Disclosure: No position at the stock mentioned above.

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