Indobusiness - PT Eagle Crown Technology Tbk (EMTK) to reap a profit of Rp 2.44 trillion from the sale of investment shares. Revenues from lego PT Surya Citra Media Tbk (SCMA) dam PT Indosiar Karya Media Tbk (IDKM) it adds great EMTK net profit last year.
In a financial report published on the Indonesia Stock Exchange (IDX) on Friday (03/22/2013), the sale of equity investments included in other income heading. It boosted net income EMTK throughout 2012 to Rp 3.47 trillion. This figure shows a growth of 369.89 per cent of net income in the previous year amounted to Rp 738.04 billion.
Actually, EMTK net revenues in 2012 grew only thin 13.04 percent from Rp 4.14 trillion to Rp 4.68 trillion. Of revenues net of cost of revenue of Rp 2.29 trillion, EMTK posted gross profit of Rp 2.38 trillion. That was up 17.24 percent from Rp 2.03 trillion in 2011.
Just so you know, in July 2012 and EMTK sell 97.5 million shares and 121.5 million shares of stock SCMA in IDKM. Total sales of shares of two subsidiaries it reached around Rp 1.68 trillion.
Beyond that, EMTK recorded an increase in financial revenue to Rp 118.73 billion in 2012 from Rp 68.89 billion in 2011. EMTK also managed to reduce the financial burden of Rp 139.05 billion in 2011 to IDR 78.43 billion. The loss of an impairment loss in 2012 from Rp 1.94 billion recorded in 2011, making a total other income EMTK to Rp 2.48 trillion.
Tuesday, March 26, 2013
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