Megapower Makmur Net Profit Lower

PT Megapower Makmur, Tbk (MPOW IJ) records a decrease in net profit for its 9M17 amounted to 30.2% to IDR9.73bn from IDR13.94bn in the same period 2016. During January – September 2017, company records revenue as much as IDR53.06bn or rose 27.89% from IDR41.49bn. In addition, cost of revenue also experienced a rise of 8.75% from IDR23.14bn into IDR25.35bn. As a result, gross profit rose as much as 52.47% to IDR27.72bn in the period January – September 2017, from IDR18.18bn in the same period 2016.

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