JAKARTA  - Plantation company, PT Dharma Satya Nusantara Tbk (DSNG) booked net profits in the first semester 2014 (6M14) about Rp 367.4 billions or it increased increased 219,6% than the same period in last year.

The company reported, the increasing net profits happened for the significant selling to be Rp 2,56 billions for six first months in 2014, or it increased 50,8% than the same period in 2013.

The gross profits was about Rp 846.1 billions or it increased 77,2% in 2013, the gross margin was 33,0% from 28,1% in the previous year. “The increasing net profits of the company was from the increasing in the CPO production and the average selling price of CPO in the first six months,” Director DSNG, Djojo Boentoro said in his official statement which InfoSAWIT got, Wednesday (23/7/2014).

Meanwhile the net profit of the company also increase about 118,9% from Rp 259.7 billions to be Rp 568.3 billions in the first semester 2014 and the business margin increased too to be 22,2%. (T3)