Feb 17, 2011

Multifiling FY10 net income rises 29.79%

PT Multifiling Mitra Indonesia Tbk (MMI), affiliated company of Lippo Group, today announces a 29.79% increase in net income last year.
In the financial report published today, Multifiling posted Rp10.98 billion net income or Rp56 earning per share last year from Rp8.46 billion or Rp843 earning per share in 2009.
Operating profit rose 29.49% to Rp13.39 billion last year from Rp10.34 billion in 2009 as a result of a slight decrease in operating expenses by 0.19% to Rp30.58 billion from Rp30.64 billion. Operating revenue slightly inched up 7.32% to Rp43.98 billion last year from Rp40.98 billion in 2009.

Disclosure: No position at the stock mentioned above.

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