Aug 4, 2011

Truba Alam returns net profit in 1H

PT Truba Alam Manunggal Engineering Tbk (TRUB) returned to post net profit of Rp1.77 billion in the first half of this year on the back of net other incomes.
Truba Alam reported Rp14.40 billion net loss in the first half of last year. Net other incomes surged to Rp17.53 billion from Rp5.04 billion.
However, Truba was still in operating loss of Rp469.08 million, narrowed from Rp4.74 billion operating loss as higher cost of goods revenue of 2.84%. Truba's revenue increased 2.84% to Rp601.98 billion from Rp585.35 billion.

Disclosure: No position at the stock mentioned above.

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