Sat, 22 Nov 1997

Cahaya Kalbar's profit up

JAKARTA (JP): Publicly listed cocoa and edible oil producer PT Cahaya Kalbar announced yesterday its net profit rose by 39 percent to Rp 18.36 billion in the January to September period from Rp 13.82 billion in the corresponding period last year.

The company said net sales increased to Rp 102.4 billion from Rp 75.61 billion in the same period last year.

The company said in a statement yesterday that it expected to post a total net profit of Rp 24.37 billion and net sales of Rp 139.95 billion in 1997.

The company's director Robertus Sampara Lie said that Cahaya Kalbar has not revised its net profit and sales this year despite the monetary crisis, which has hit the country since early July. (aly)