Surya Internusa Fantastic Profit

Surya Internusa recorded a fantastic profit up 165.52%

PT Surya Semesta Internusa Tbk (SSIA), an industrial zone developer posted net profit during 2012, Rp 738,62 billion. Up 165.52% from the performance of 2011, Rp 278,18 billion.

Totaling of Rp 707,25 billion attributable to the parent entity and the remaining of Rp 31,37 billion attributable to non-controlling interests.

Net earnings per share of the company had come up to Rp 150 per share from the previous year, Rp55 per share.

Based on the company's financial statements by December 31, 2012, published today, Friday (03/15/2013), net profit growth was driven by operating income and other income.

The net profit margin for SSIA in the period January to December 2012 stood at Rp 3,56 trillion, up 23.82% from the previous year's performance, Rp 2,88 trillion.

Meanwhile, other income recorded jumped to Rp 43,81 billion from the previous year, Rp 9,94 billion. This also surged 114.43% to 20.72% from the previous year, 9.66%.

Cost of revenue of the company recorded Rp 2,27 trillion, up 8.23% from the previous year's performance, Rp 2,1 trillion.

Income before taxes was recorded Rp 877,96 billion, up 127.99% compared to the performance of the same period of 2011 at Rp 385,09 billion. (Bisnis Indonesia)