PT Trisula International Tbk said its first-quarter normalized net income came to 6.84 rupiah per share, an increase of 13.8% from 6.01 rupiah per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 7.18 billion rupiah, an increase of 17.3% from 6.12 billion rupiah in the prior-year period.
The normalized profit margin fell to 3.3% from 3.3% in the year-earlier period.
Total revenue climbed 14.4% year over year to 213.99 billion rupiah from 186.99 billion rupiah, and total operating expenses increased 12.9% on an annual basis to 193.68 billion rupiah from 171.55 billion rupiah.
Reported net income increased 23.0% from the prior-year period to 8.89 billion rupiah, or 8.47 rupiah per share, from 7.23 billion rupiah, or 7.10 rupiah per share.
As of April 29, US$1 was equivalent to 12,900 rupiah.
