JSX lost Rp 4.9b in 2000

JSX lost Rp 4.9b in 2000

JAKARTA (JP): The Jakarta Stock Exchange (JSX) said on
Wednesday that it booked a net loss of Rp 4.9 billion (around
US$439,000) last year, as against a net profit of Rp 16.4 billion
the year before.

The JSX attributed the loss to operational costs soaring to Rp
103.35 billion from Rp 83.49 billion in 1999.

"The total loss for the year 2000 included carried forward
losses from 1999 that amounted to Rp 9.9 billion," the exchange
said in a statement.

It said it managed to raise last year's operation revenue to
Rp 66.32 billion from Rp 59.76 billion a year earlier.

"The JSX's cash flow is solid enough considering the increase
in operational revenue," the exchange said. (bkm)