October 28, 2011    PT. Nippon Indosari Corpindo Tbk.’s third quarter sales increased 31 % to IDR560 billion compared to the corresponding 9 months ended September 30, 2010.   Gross profit was IDR254 billion while the gross profit margin for the first 9 months of this year remained stable at 45% which is similar to last year’s Q3 results.

Operating profit registered 17% which declined slightly owing to new factories, namely Semarang and Medan which are in the ramp-up stage. Net profit for the quarter ended September 30, 2011 was IDR72 billion.  Earnings per share is IDR70.83 for Q3 2011 compared to IDR69.27 in the same period recorded last year.