PT Surya Toto Indonesia Tbk (TOTO) enjoyed net profit of Rp74.08 billion in the first quarter (Q1) of 2017, jumped 59.8% from Rp46.3 billion in the same period last year. Sales only rose 7% to Rp575 billion but operating profit surged 59.7% to Rp99.2 billion. The Company’s assets reached Rp2.62 trillion as at March 2017 while liability amounted Rp1.02 trillion. It has cash and cash equivalent of Rp125 billion. Alongwith the market sentiment, TOTO was traded lower, down 0.88% to Rp452 per share this afternoon session. At this price, TOTO’s market capitalization reaches Rp4.66 trillion.
