Mar 15, 2011

Mandom FY10 earning rises 5.19%

Cosmetic and perfume product producer PT Mandom Indonesia Tbk booked a slightly increase net profit in 2010 by 5.19% to Rp131.44 billion from Rp124.61 billion in 2009.
Mandom President Director Tatsuyoshi Kitamura said the increase is due to higher net sales by 5.475% to Rp1.46 trillion from Rp1.38 trillion in 2009.
“Our earning per share increases 5.19% to Rp654 than Rp620 in 2009,” as he stated on company financial report to BEI, today.
Company’s operating income in 2010 down 6.3% to Rp173.86 billion than Rp184.91 billion in 2009. Operating expenses increased 12.53% to Rp370.03 billion compared to Rp323.63 billion in 2009. Other expenses also slipped 96.12% to Rp340.19 million from Rp8.76 billion in 2009.

Disclosure: No position at the stock mentioned above.

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