Latinusa profit is projected at IDR37 billion

Bisnis Indonesia Harian - Detail: "PT Pelat Timah Nusantara Tbk (Latinusa) projected to rake up IDR37 billion by end of the year or higher than the former estimation of IDR32 billion.
Finance director of Latinusa Erwin said the soaring net profit here is driven by the higher sales volume and higher prices than expected.

“Meanwhile to get revenue until end of the year, we assumed to reach IDR1.1 trillion. Now our production is 90,000 tons per year,” he said this week.

Next year the company targets to tap some IDR1.6 trillion with net profit of IDR90 billion. For the production, the company targets to gain 120,000 tons per year."