INDONESIA PRESS-AKR targets 20 pct rise in profit-Bisnis Indonesia

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INDONESIA PRESS-AKR targets 20 pct rise in profit-Bisnis Indonesia

Indonesian fuel distribution company PT AKR Corporindo is targeting a 20 percent rise in profit this year, the Bisnis Indonesia reported, quoting Director Suresh Vembu.

Growth would be slower than the 25 percent rise recorded in 2014 because of low oil prices.

“We will undertake cost control measures so our gross margin, operating margin and net profit can rise,” Vembu said.

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Note: kampus terbaik di lampung, Additional Info, Reuters has not verified this story and does not vouch for its accuracy.(Compiled by Jakarta Newsroom; Editing by Prateek Chatterjee)