SINGAPORE - Global Palm Resources Holdings Limited noted, the company’s gross profit in the first quarter 2014 (1Q2014) increased aboutRp21.5 billions or162%, from Rp13.3 billions in1Q2013 to beRp34.8 billions in1Q2014. While the margine of gross profit increased from 20% in1Q2013to be 37% in 1Q2014.
The company also note the distribution cost incrased Rp0.3billons or84% fromRp 0.3 billion in1Q2013to be Rp0.6 billion in1Q2014. The administration cost also increased Rp0.2 billion or 3% from Rp 7,7billions in1Q2013to be Rp 7,9billions in1Q2014, “It happened for the increasing cost of the salary for the employees,”Global Palm Resources said which InfoSAWIT accepted, Monday (13/5/2014). (T3)
