Profit AKRA

Private distributors of fuel and basic chemistry, PT AKR Corporindo Tbk (AKRA) posted a net profit of Rp 611.6 billion. Position that means an increase of 96.7 percent over the same 2010 issue of the level of USD 310.9 billion. Company's integrated supply chain solutions provider claimed success on the field distribution of income ditopag fuel. Where the consolidated revenue stood at USD 18.806 billion, 82.2 percent higher alias previous years the range of Rp 10.321 billion. Revenue growth driven by rising 99.6 percent of the income distribution of fuel oil reached USD 14.915 billion. "The increase in revenues from the oil sector is much more than the previous year tingggi yanga just perched on the level of USD 7.474 billion. This is evidence that the economy continued to crawl, "said Haryanto Adikoesoemo, President Director of PT AKR Corporindo, in Jakarta, late last week. Haryanto said diesel demand continued to rise. The increase was mainly from the mining, power generation and industry in Indonesia. The condition was successfully resolved well by the management with a scalable support infrastructure supply logistics company. "Fortunately, our infrastructure is integrated, so easy to take advantage of existing opportunities," he added. While profit after tax was Rp 1.682 billion from the sale of subsidiaries engaged in the manufacturer PT Sorini Agro Asia Corporindo Tbk, in 2011 was USD 2.293 billion. Management claimed that the success occurred in sales and earnings in core business segments, namely the fuel distribution business and basic chemicals. In addition, profitability improved significantly due to revenue growth, while maintaining profit margins.