JAKARTA: Integrated transportation company PT Buana Listya Tama Tbk (BULL), that is controlled by Indonesian businessman via PT Berlian Laju Tanker Tbk (BLTA), today reported a 1,193.61% jump in operating profit for the first quarter of this year as revenue rose.
Buana Listya booked IDR91.07 billion operating profit in 1Q 2011 from IDR7.04 billion a year earlier.
Operating revenue rose 110.30% to IDR257.18 billion from IDR122.29 billion.
Net income soared 118.72% to IDR85.17 billion or IDR7.74 per share from IDR38.94 billion or IDR55.94 per share.
However, financial charges also widened 103.61% to IDR6.76 billion from IDR3.32 billion. (wiw)
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Source: http://www.bisnis.com/corporate/25394-buana-listya-1q-operating-profit-sky-rockets-119361
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