Pt Selamat Sempurna Tbk. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 31, 2019 at 07:50 am EDT
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PT Selamat Sempurna Tbk. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was IDR 1,013,437 million compared to IDR 1,059,099 million a year ago. Operating income was IDR 245,332 million compared to IDR 259,453 million a year ago. Net income was IDR 173,664 million compared to IDR 179,246 million a year ago. Basic earnings per share was IDR 30 compared to IDR 31 a year ago. For the nine months, sales was IDR 2,785,684 million compared to IDR 2,852,584 million a year ago. Operating income was IDR 578,220 million compared to IDR 593,091 million a year ago. Net income was IDR 407,659 million compared to IDR 400,165 million a year ago. Basic earnings per share was IDR 71 compared to IDR 69 a year ago.
PT Selamat Sempurna Tbk is an Indonesia-based company, which manufactures filters, radiators, oil coolers, condensers, brake pipe, fuel pipes, fuel tanks, exhaust systems and press parts. It manufactures radiators under brand name ADR and filters primarily under the brand, SAKURA. The Company operates through five segments. Filter segment offers two types of filters: air filters and liquid filters, such as oil filters, hydraulic filters and fuel filters. Radiator segment produces a range of radiators, from copper brass to aluminum type, for automotive and heavy-duty applications. Body Makers segment produces dump hoist and body makers of dump trucks, trailers, mixers and tanks. Trading segment records sales made by the Companyâs subsidiaries, PT Prapat Tunggal Cipta, Bradke Synergies Sdn. Bhd and Sure Filter (Thailand) Co., Ltd. Other Products segment records sales aside from the filter and radiator products, such as rubber, plastisol, brake and fuel pipes, fuel tanks, and mufflers.