Sampoerna first half net profit surges

Sampoerna first half net profit surges

JAKARTA: HM Sampoerna, Indonesia's third-largest cigarette
maker, on Friday reported a sharp first half rise in net profit,
supported by improved sales.

The company posted first half to June net profit of Rp 1.08
trillion (US$120 million) against Rp 786.8 billion in the first
half last year.

Sampoerna said sales rose to Rp 8.42 trillion from Rp 6.97
trillion a year earlier. Operating profit increased to Rp 1.76
trillion compared with Rp 1.24 trillion rupiah in the first half
of 2003, the company said. --AFP