Tuesday, March 21, 2006

Pupuk Kaltim book Rp383bn profit

State-owned fertilizer company PT Pupuk Kaltim booked net profit of Rp383 billion last year, twice more than its 2004 profit at Rp152.88 billion.
According to its financial report published today, the company booked total sales of Rp5.52 trillion (almost US$600 million) last year, jumped from Rp3.82 trillion in 2004.
Pupuk Kaltim recorded operating profit of Rp842.19 billion last year, increased significantly from Rp533 billion in 2004. Interest payments of Rp239 billion, meanwhile, cut significantly the company's profit.


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