Cikarang Listrindo’s Profit Decrease, amidst its Revenue Increase

PT Cikarang Listrindo, Tbk (POWR IJ) reported its profit decrease to USD56.06mn in 1H2017, compared to same period last year USD106.51mn. Meanwhile, company’s revenue slightly up to USD280.70mn from USD274.66mn during that period. In 1H2017, company’s can maintained its general and administrative expenses, or it was stable compared with the same period 2016.

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