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Mitrabahtera (MBSS) Net Profit Jumps 178%

investor.id

Fri 28 Oct 2022, 08:00 AM

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PT Mitrabahtera Segara Sejati Tbk (MBSS) posted revenue of USD 63.41 million during January-September 2022. An increase from the achievement of the same period last year of US$ 53.76 million.

Meanwhile, the net profit for the current period attributable to owners of the parent entity reached US$ 11.5 million until the third quarter of 2022. An increase of 178.45% from the achievement over the nine months of last year which amounted to US$ 4.13 million.

In the financial report until the third quarter of 2022, MBSS posted direct expenses of USD 45.48 million. Meanwhile, until the third quarter of last year, this coal shipping issuer recorded a direct load of US$ 42.75 million.

The company's gross profit during January-September this year was US$ 17.93 million, an increase from US$ 11 million.

Profit before tax was US$ 12.38 million, while in the nine-month period last year the figure was only US$ 4.59 million.

Net profit for the current period reached US$ 11.93 million. Up considerably from the same period in 2021 which amounted to US$ 4.59 million.

Mbss' total assets as of September 30, 2022 amounted to US$ 203.62 million, an increase compared to December 31, 2021, which was US$ 177.63 million.

The company's lialibility until September 30, 2022 reached US$ 26 million, a sharp jump from December 31, 2021, which was only US$ 8.5 million.

Image source: Ilustrasi/Perseroan

Source: https://investor.id/market-and-corporate/310542/laba-bersih-mitrabahtera-mbss-melonjak-178

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