Automotive distributor Tunas Ridean (TURI) booked net profit of Rp221 billion in the first half (H1) this year, declined 23.8% from Rp290.6 billion in the same period last year. Revenues increased 7.3% to Rp6.7 trillion while cost of goods sold also increased 9.1% to Rp6.22 trillion. The Company’s assets reached Rp5.17 trillion while liability amounted Rp2.23 trillion. TURI has cash and cash equivalent of Rp315.57 billion.