Feb 24, 2011

Astra Graphia FY10 profit jumps 76.86%

IT solution and document solution company PT Astra Graphia Tbk (ASGR) posted a 76.86% jump in net income last year as revenue increased.
In a consolidated financial statement submitted to Indonesia Stock Exchange (IDX) today, Astra Graphia's net income reached Rp118.41 billion or Rp87.79 per share last year from Rp66.95 billion or Rp49.64 per share in the previous year.
Operating profit increased 40.29% to Rp158.33 billion last year from Rp112.86 billion, sending a higher operating margin to 10.11% from 8.45%.
Gross profit grew 18.87% to Rp456.95 billion from Rp384.41 billion. Operating revenue advanced 16.42% to Rp1.56 trillion from Rp1.34 trillion.

Disclosure: No position at the stock mentioned above.  

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