Mustika Ratu Profit Worth IDT1.5Bn

PT Mustika Ratu, Tbk (MRAT IJ), the manufactures of cosmetics and body care, note reduced income in 3Q17. However, the company is overcome by saving spending in favor of pursuing profit. According to its financial statements in 3Q17, the company experienced a decrease in income of around 8.8% to IDR236bn. Whereas in 3Q16 company noted net sales valued at IDR259bn. But, the cost of good sold decrease from IDR112bn to IDR99bn in 9M17 YoY.

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