Eterindo sales jump 284%
Listed chemical company and the first major producer of biodisel, PT Eterindo Wahanatama Tbk reported 284% growth in sales revenue in 2005 at Rp407.44 billion.
According to its behind the schedule publication of 2005 financial report, Eterindo recorded lower operating profit at a mere Rp722 million. But the company managed to book net loss of Rp2 billion, dropped significantly from Rp38 billion in 2004.
Eterindo started to supply biodiesel to state-owned oil and gas company Pertamina few weeks ago. The company produces 60 tones/day of biodiesel and is working on expansion to bring the capacity to 200,000 tones per year.
READ MORE!!!
According to its behind the schedule publication of 2005 financial report, Eterindo recorded lower operating profit at a mere Rp722 million. But the company managed to book net loss of Rp2 billion, dropped significantly from Rp38 billion in 2004.
Eterindo started to supply biodiesel to state-owned oil and gas company Pertamina few weeks ago. The company produces 60 tones/day of biodiesel and is working on expansion to bring the capacity to 200,000 tones per year.
Labels: Biodiesel, Chemical, Pertamina
READ MORE!!!
posted by yosef at 12:48 PM
1 Comments:
Dear Mr. Yosef,
Do you know the price of biodiesel offered from eterindo to pertamina?as i know the price they offer to general consumer is higher than pertamina.I know that it is secret,but if you know,.please tell me,just for my knowledge and data for my study research.Thank you.
Regards,
Aang
Post a Comment
<< Home