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Bumi Resources Minerals Loss Jumps 181% as of September 2014
January 09, 2015

StockWatch (Jakarta) - PT Bumi Resources Minerals Tbk (BRMS) recorded a loss of US$86.33 million for January-September 2014, jumped by 181.75% compared to US$30.64 million at the same period in a year earlier. The companys financial statement as of September 2014 published by the Indonesia Stock Exchange (IDX) on Thursday (8/1) informed, the companys loss was due to its net revenue plunge by 14.54% at US$13.067 million compared to US$15.291 million as of September 2013. Besides, the companys other expenses jumped by 159.55% to US$160.81 million as of September 2014 from US$61.91 million as of September 2013. The companys other expenses caused the company suffered from a pretax loss of US$152.88 million, jumped by 178.85% from US$54.82 million. The companys financial performance that tends worsening has not given a negative impact yet to BRMS stock price. In 2014, the BRMS stock price rose by 60.71% to IDR315 per share on December 30, 2014, from IDR196 per share on January 2, 2014. (konrad/abr)