Thursday, March 29, 2007

Unilever profit +19.5%, Branta dropped 93%

PT Unilever Indonesia Tbk recorded strong 19.5% growth in net profit last year at Rp1.72 trillion on 13.3% growth of revenue. The consumer goods giant recorded gross profit of Rp5.63 trillion and almost 20% growth in operating profit at Rp2.43 trillion. Meanwhile, tire cord producer PT Branta Mulia Tbk, just acquired by Turskish company Kordsa, recorded net profit of Rp18bn only, significantly dropped 93% from Rp119bn in 2005.

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