Nov 16, 2011

Berlian Tanker posts US$140 mio profit

PT Berlian Laju Tanker Tbk (BLTA) today returned to a US$140.69 million net profit at the end of September of 2011 after suffering a net loss of US$36.21 million a year earlier.
However, Berlian Tanker's operating profit fell 24.53% to US$59.37 million in 9M 2011 from US$78.67 million in 9M 2010 on the back of higher cost.  Operating revenue also dropped 1.65% to US$486.42 million from US$494.59 million.

Disclosure: No position at the stock mentioned above.

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