Sariguna Primatirta Net Profit Increase 40%

PT Sariguna Primatirta, Tbk (CLEO IJ), drinking water in containers provider company, reported its net profit worth IDR38.14bn until 3Q17, or grew more than 40% YoY from IDR27.24bn. Company’s net sales reached IDR440.77bn, or increase 12.66% YoY from IDR391.11bn during that period. The increase in the sales amidst the reduction of cost of good sold into IDR277.03bn, lower than last year IDR279.93bn. Consequently, the gross profit became IDR163.74bn from IDR111.29bn.

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