FIRST SEMESTER OF 2018, MAHKOTA GROUP (MGRO) STILL LOST IDR 17,83 BILLION
07 August 2018
Bisnis.com, JAKARTA--PT Mahkota Group Tbk. posted a net loss of IDR 17.83 billion in the first semester of 2018. This value shrank 28.49% on an annual basis.
Based on the financial report for the first semester of 2018 published on Monday (6/8), the issuer coded as MGRO achieved revenue of IDR 836.59 billion, up 10.8% from IDR 755.05 billion in the first semester of 2017.
In the same period, MGRO's cost of revenue swelled from IDR 704.29 billion to Rp782.78 billion. As a result, the gross profit booked at the end of June 2018 was recorded at IDR 53.8 billion.
After deducting expenses and taxes, the palm oil plantation company posted a net loss of IDR 17.83 billion during January-June 2018. Although it still posted a net loss, the value decreased from IDR 24.93 billion in the first semester of 2017.
As of the end of June 2018, MGRO had total assets of IDR 981.96 billion with total liabilities of IDR 587.52 billion and equity of IDR 394.43 billion.
Tag : kinerja emiten
Editor : Ana Noviani