Gading Development sales increased to IDR 120.93 billion in

Bareksa • 04 Apr 2014

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Pemandangan gedung-gedung rusun dan apartemen di kawasan Kemayoran, Jakarta Pusat, Senin (10/3) (ANTARA FOTO/Fanny Octavianus)

Financial statement released on Friday said the cost of goods in 2013 increased to IDR 76.04 billion

IQPlus - PT Gading Development Tbk ( GAMA ) earned net sales increase of 62.14 of IDR 120.93 billion per December 2013 , compared with net sales of the same period the previous year of IDR 74.57 billion .

Financial statement released on Friday said the cost of goods in 2013 increased to IDR 76.04 billion from the previous year 's cost which amounted of IDR 56.74 billion , and gross profit in 2013 increased to IDR 44.89 billion from the previous year's gross profit of IDR 17.83 billion .

While operating profit achieved by the company in 2013 increased to IDR 23.65 billion from the previous year 's operating profit of IDR 9.43 billion . Profit before tax in 2013 increased to IDR 26.23 billion from profit before tax of IDR 9.25 billion in 2012 .

Net income that can be distributed to owners of the parent in 2013 increased to IDR 19.96 billion , compared to net profit of IDR 4.42 billion the previous year.

Its total assets per December 2013 of IDR 1.29 trillion increased from total assets in December 2012 of IDR 1.23 trillion .