Mark Dynamics Maintained its Cost of Good Sold

PT Mark Dynamics Indonesia, Tbk (MARK IJ), a ceramics and porcelain company, reported its revenue worth IDR105.78bn and the cost of good (COGS) sold IDR72.03bn, or around 68% of the revenue in 1H2017. The percentage is lower than same period 2016 around 87.3%, or revenue and COGS worth IDR100.60bn and IDR87.88bn respectively. Consequences of its COGS efficiency, made the company’s gross profit increased.

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