Dari rti,mustinya reuters juga ada. Indonesia's Inco H1 net profit falls 58.1 percent on lower nickel prices
. JAKARTA (Thomson Financial) - Indonesian nickel miner PT International Nickel Indonesia Tbk (Inco) said on Thursday its net profit for the first six months to June fell 58.1 percent to $295.61 million from $707.01 million a year before, driven by lower average prices of nickel in matte. Sales dropped 37.2 percent to $819.16 million, while operating profit fell 57.4 percent to $412.66 million. The company's earnings per share for the period was $0.030 compared to $0. 071 a year earlier. PT Inco's major shareholders are CVRD Inco Ltd with a 60.8 percent stake and Sumitomo Metal Mining Co Ltd with a 20.1 percent stake. CVRD Inco, the nickel mining unit of Companhia Vale do Rio Doce (CVRD), changed its name in November last year to Vale Inco Ltd, in line with the re-branding of its parent company CVRD to Vale. On 8/7/08, Bettina Tan <[EMAIL PROTECTED]> wrote: > > News linknya tolong... > > On 8/7/08, Bernie <[EMAIL PROTECTED]> wrote: >> >> JAKARTA (Dow Jones)--PT International Nickel Indonesia (INCO.JK) said >> Thursday that its unaudited net profit slumped to $295.61 million during the >> first half of the year from $707.01 million a year before on lower sales and >> higher costs. >> >> The nickel producer said sales dropped to $819.16 million for the period >> from $1.31 billion a year earlier. Meanwhile, the costs of goods sold rose >> to $388.31 million from $308.24 million. >> >> This resulted in $430.85 million in gross profit for the January-June >> period, sliding from $997.48 million a year earlier. >> >> Inco didn't provide comments on its performance. >> >> > >
