IT services provider Metrodata Electronics (MTDL), controlled by Ciputra Group, booked net profit of Rp244 billion in first nine months (9M) to September this year, grew 37% from Rp178 billion in the same period last year. Net revenues only rose 2.7% to Rp7.24 trillion but finance cost dropped 62.5% to Rp15 billion. MTDL’s assets reached Rp3.98 trillion while liability amounted Rp1.89 trillion. The Company has cash and cash equivalent of Rp325.8 billion.
