Summarecon Agung (SMRA) reported the worst earning profile for the first half (H1) of 2016, as it reported a 95.4% drop in profit attributable to equity to Rp25 billion from Rp529 billion in H1/15. Revenue fell 10.7% to Rp2.32 trillion, and operating profit declined 36.8% to Rp526 billion. Financial charges also jumped 46.2% to Rp307 billion. SMRA has cash and cash equivalent of Rp1.94 trillion.To subscribe please click here
