PT Citra Maharlika Tbk (CPGT), previously Cipaganti, incurred a negative working capital of Rp321.65 billion per June 2016 with current ratio only 12.25%. It suffered loss of Rp76 billion in the period, recording deficit of balance of Rp144.1 billion. The reason is that the Company’s operating income dropped significantly as the fleet also declined.To subscribe please click here