{
    "success": true,
    "data": {
        "id": 1193687,
        "msgid": "petroseas-profit-drops-1447893297",
        "date": "1995-12-05 00:00:00",
        "title": "Petrosea's profit drops",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Petrosea's profit drops JAKARTA (JP): PT Petrosea, a mining construction company, yesterday reported a 68.3 percent decline in its net profit to Rp 7.04 billion (US$2.3 million) during the first nine months of this year. The company's president, Timothy Richard Humphry, explained to the company's shareholders in a meeting here that the major causes of the profit decrease were a decline in its constructions jobs and the payment of previous years' tax liabilities.",
        "content": "<p>Petrosea's profit drops<\/p>\n<p>JAKARTA (JP): PT Petrosea, a mining construction company,<br>\nyesterday reported a 68.3 percent decline in its net profit to Rp<br>\n7.04 billion (US$2.3 million) during the first nine months of<br>\nthis year.<\/p>\n<p>The company's president, Timothy Richard Humphry, explained to<br>\nthe company's shareholders in a meeting here that the major<br>\ncauses of the profit decrease were a decline in its constructions<br>\njobs and the payment of previous years' tax liabilities.<\/p>\n<p>He said the company's operating profit in the January to<br>\nSeptember period fell to Rp 12.82 billion from Rp 30.44 last year<br>\nin the same period of last year, while its revenues declined to<br>\nRp 99.38 billion from Rp 126.62 billion.<\/p>\n<p>The company expects to generate a total revenue of Rp 132<br>\nbillion this year with an operating profit of Rp 16 billion, he<br>\nadded.<\/p>\n<p>\"The company's earning per share is projected at Rp 388 this<br>\nyear,\" said Timothy. (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/petroseas-profit-drops-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}