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Jakarta (ANTARA News) - Aircraft maker PT Dirgantara Indonesia started to post a profit of Rp117.08 billion in 2009 after losing Rp84.34 billion in 2008, its president director, Budi Santoso, said.

"Starting last year we have been predicting we will book a profit," he said at a hearing with House Commission VI here on Monday.

Budi said the net profit came following a hike in sales reaching Rp771.63 billion in 2009.
"We are predicting this year`s sales will pass Rp1.293 trillion," he said.

In 2010 the aircraft manufacturer allocates Rp225.11 billion in capital expenditures, up from Rp7.3 billion in 2009.

Its operating expenditures meanwhile are set at reaching Rp1.63 trillion up from Rp889.7 billion before.

The company obtains new contracts to build a plane and plane components worth Rp1.7 trillion this year.

He said the Rp1.5 trillion of the contracts is from last year`s.

"Last year PT DI won a contract to build three units of CN 235-220 patrol ship configurations from the navy," he said.

In all, he said, total sales in 2010 are projected at reaching Rp1.29 trillion up from earlier projections of Rp771 billion.

He said however that the company still had long-term debts to pay totaling Rp2.5 trillion, up from earlier projection of Rp1.79 trillion.

He said PT Di is now entering a restructuring phase after being declared bankrupt in 2007.(*)

Editor: B Kunto Wibisono
COPYRIGHT © 2012

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