JAKARTA – PT Soechi Lines Tbk (SOCI) revenue grew by 20% in 2014 compared to 2013. Paula Marlina, the director of SOCI said gross profit has increased by 43%, operating profit has increased by 53% and net profit has increased by 10%.
“In addition to this, net profit has actually increased by more than 10% as in 2013, we gained 14 million from forex exchange, where if we eliminate forex exchange, actual net profit may reach 50%,” she added.
Meanwhile, total asset grew by 17% and total liabilities declined by 14% because at the end of 2014, the company received IPO profit to decrease bank loans. Total equity has increased by 71% due to IPO fund and additional fund from shareholders in June 2014. (KT)