trending Market Intelligence /marketintelligence/en/news-insights/trending/agdqkZiCKQ3KJ0H6-axOuA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Eratex Djaja Q2 profit falls YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 1: Origins of 451 Research - Part 1

Eratex Djaja Q2 profit falls YOY

PT Eratex Djaja Tbk said its second-quarter normalized net income was $313,800, a decline of 55.5% from $704,990 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 1.9% from 4.4% in the year-earlier period.

Total revenue rose 6.2% year over year to $17.0 million from $16.0 million, and total operating expenses rose 13.7% on an annual basis to $16.6 million from $14.6 million.

Reported net income fell 71.8% from the prior-year period to $322,360, or 0 cents per share, from $1.1 million, or 0 cents per share.