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Timah Predicted to Book Sales of IDR8.609 Tn
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Wednesday, 21 November 2007 16:05:14
StockWatch (Jakarta) - State tin mining company PT Timah Tbk (TINS) is expected
to book sales of IDR8.609 trillion this year, surging by 111% from IDR4.076
trillion last year, said Erdikha Elit, a member of the Jakarta Stock Exchange.
In an analysis report attained by e-bursa.com recently, Erdikha Elit said the
company in 2008 and 2009 is predicted to book sales of IDR9.918 trillion and
IDR11.376 trillion each.
Meanwhile, the net profit is expected to surge 862% at IDR2.003 trillion
(IDR3,980 per share) in 2007 from IDR208.20 billion (IDR413.60 per share) in
2006.
Moreover, the company's net profits in 2008 and 2009 are projected at IDR3.782
trillion (IDR4,608 per share) and IDR5.163 trillion (IDR5,277 per share)
respectively. (abr/bud)
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