Express Taxi targeting net earnings up 50% in 2013

PT Express Trasindo Utama Tbk (TAXI) believe that it's business prospect still wide open. It can be seen from the high performance targets this year.

For 2013, the target TAXI revenue rose 34% to Rp 700 billion, compared to last year's Rp 521 billion. The realization of revenue in 2011 amounted to Rp 338 billion.

"With the revenue growth, we are optimistic that our net income also rose 50%," said David Santoso, Finance Director of TAXI, Monday (29/4). In 2012, management successfully earned a net profit of Rp 79.4 billion, up approximately 32% compared to 2011, amounting to Rp 60.2 billion.

"TAXI will add a new fleet of 2,000 units." he adds. (Kontan)