Coal-mining-service firm Samindo Resources (MYOH) booked a net profit of US$26.1 million in 2019, declined 15.6% from US$30.9 million in 2018 due to a higher cost of revenues. Meanwhile, revenues grew 5.5% to US$254.45 million from US$241.11 million. The cost of revenues also rose 10.9% to US$212.7 million from US$191 million. Then gross profit fell 16.8% to US$41.77 million from US$50.2 million.

To subscribe please click here