WIKA profit up 13.1%

PT Wijaya Karya Tbk (WIKA) mencatakan net profit increase of 13.1% from Rp 92.365 billion in the first quarter of 2011 to Rp 104.456 billion in the year. The disclosure of information that companies provide today, mention if the net sales rose 13.5% WIKA of Rp 1.54 trillion to Rp 1.75 trillion.
WIKA Cost of sales also rose slightly to Rp 1.58 trillion from Rp 1.42 trillion. While gross profit of SOEs rose to Rp 164.99 billion from last year's position of Rp 124.99 billion.
Meanwhile, operating expenses decreased sales of USD 920.578 million to $ 542.763 million. The growth has been encouraging companies operating profit rose from Rp 106.903 billion in the first three months of 2011 to Rp 150 billion over the same period this year. Income before income taxes are also recorded an increase from Rp 124.08 billion to Rp 158.131 billion.