Thursday, March 22, 2012

Profit SIMP

Salim Ivomas PT Pratama Tbk (SIMP), the issuer in the agribusiness sector, which scored a net profit attributable to owners of the parent entity by 72% from Rp 971 billion in 2010 to Rp 1.67 trillion in 2011. While operating income rose 40% to Rp 3.13 trillion, with a margin of 25%. Increase in earnings driven sales increased by 33% to Rp 12.6 trillion from Rp 9.48 trillion in 2010, which is mainly due to increase in sales of farm products and product edible oils and fats. (IFT / UTH)
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