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 Highlight Research2010-09-03 10:33:22 2010-09-03 10:32:58 2010-09-03 10:32:29 2010-09-03 10:32:01 2010-09-03 10:31:43 2010-09-03 10:31:21 2010-09-03 10:31:00 2010-09-03 10:30:37 |
Research 2010-07-29 10:49:24 1H10 AALI net income decreased by 17.3% In 1H10, AALI booked Rp636.4bn of net income or decreased by 17.3% YoY. Astra Agro Lestari (AALI) Director Santoso stated that AALI net sales slightly decreased by 0.6%YoY, but cost of good sold increased by 6.1% YoY. The management stated that 90% of total net sales were contributed by CPO sales, while the rest coming from rubber and others. AALI’s 1H10 financial performances is below consensus expectation as revenue and net profit represented only around 42% and 28% respectively from FY10 consensus. Source: Investor Daily
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