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Jaya Ancol profit jumped 58.52% in first-half

JAKARTA: PT Pembangunan Jaya Ancol Tbk booked income attributable to the owner of parent company at IDR77.88 billion in the first half, rose 58.52% from IDR49.13 billion on the same period last year.Profit for the period also increased 58.15% to IDR77.73

JAKARTA: PT Pembangunan Jaya Ancol Tbk booked income attributable to the owner of parent company at IDR77.88 billion in the first half, rose 58.52% from IDR49.13 billion on the same period last year.Profit for the period also increased 58.15% to IDR77.73 billion from IDR49.15 billion.Based on its financial statement, the growth was drove by hiking revenue by 13.4% to IDR427.36 billion from IDR376.85 billion.Cost of goods sold and direct load slightly rose by 1.27% to IDR224.1 billion from IDR221.27 billion.In the first half, gross profit rose 30.64% to IDR203.26 billion. Operating profit rose 46.59% to IDR105.61 billion. Operating expenses rose 16.69% to IDR97.64 billion from IDR83.67 billion on the same period last year.The company booked IDR1.58 billion net other income from IDR3.17 billion.With such gain, net earnings per share rose 58.51% to IDR48.68 thab IDR30.71 in the first half of 2010. (18)(t05/msw)

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