Apr 22, 2012

Astra Graphia 1Q net profit rises 56.10%

IT solution and documen solution provider PT Astra Graphia Tbk (ASGR) reported  a 56.10% increase in net profit for the first 3 months of this year.
Astra Graphia booked Rp33.64 billion net profit or Rp24.94 a share in 1Q2012 from Rp21.55 billion or Rp15.97 a share a year earlier.
Operating profit rose 66.67% to Rp44.25 billion from Rp26.55 billion, sending a higher margin to 10.45% from 8.44%. Gross profit increased 20.89% to Rp120.84 billion from Rp99.96 billion.
Net revenue rose 34.64% to Rp423.43 billion from Rp314.50 billion. ASGR posted a 5.71% ROE from 3.87%.

Disclosure: No position at the stock mentioned above. 

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