ABM Investama (ABMM), a company engaged in coal mining, contracting, rental of diesel generators, and other services, reported a jump in net profit for the Jan-Sep (9M) of 2018. ABMM booked a net profit of US$30.25 million for the period; it jumped 217% from US$9.54 million in 9M of last year while revenues grew 16% to US$581.5 million. Operating profit jumped 97.5% helped by a 24.5% decline in selling, general and administrative expenses.
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