PT ENSEVAL PUTERA MEGATRADING Tbk. RECORDED SOLID FINANCIAL PERFORMANCE FOR PERIOD ENDED 30 SEPTEMBER 2009
- Total Net Sales reached Rp. 6.13 Trilion and grew 14.0% year on year
- Net Income grew 12.9% year on year and reached Rp. 214 Billion
- Total Assets of more than Rp. 3.0 Trillion
PT Enseval Putera Megatrading Tbk & subsidiaries continue to show solid financial performance for period ended 30 September 2009 with total Net sales of Rp. 6.13 Trillion (unaudited figure) or grew 14.0% year on year. Net sales figure in the same period last year stood at Rp. 5.37 Trillion.
In this challenging times, Enseval shows strong financial performance and recorded Net Income (unaudited figure) of Rp. 214.3 Billion or grew 12.9%, compared to Net Income for period ended 30 September 2008 of Rp.189.7 Billion.
The Company’s Operating Expenses for period ended 30 September 2009 was Rp.453.8 Billion, or grew 6.5% year on year. Total Selling Expenses was Rp.376.0 Billion, and General and Administration Expenses was Rp. 77.8 Billion. The Selling Expenses ratio to Net Sales were declined from 6.7% to 6.1% year on year. While General and Administration Expenses ratio to Net Sales for were 1.2% in year ended 30 September 2008 and 1.3% in year ended 30 Sept 2009
The Company’s Total Assets grew 9.7% from Rp.2.75 Trillion at 30 September 2008 to Rp. 3.02 Trillion at 30 September 2009.
The Company’s Total Liabilities increased from Rp.1.49 Trillion to Rp. 1.53 and Total Equity is also increased from Rp. 1.26 Trillion to 1.49 Trillion at 30 September 2009.
“Enseval & its subsidiaries believes that the strong growth in Sales and Net Income due to Company’s effort to provide higher quality services to Principals,Customers (Outlets) and all stakeholders“, said Vidjongtius, Enseval’s President Director.
Division Performance
The Company has 6 divisions i.e., Consumer Products, Prescription Pharmaceutical, Non Prescription Pharmaceutical, Medical Devices, Veterinary Products and Healthcare services.
The details of each Division performance for period ended 30 Sept 2009 are as follows :
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Consumer Products Division made the highest contribution of sales i.e., 36.4%. This division reported a Net Sales of Rp.2,228.0 Billion, and grew 6.5% year on year.
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Prescription Pharmaceutical Division provided the second highest contribution onto Total Net Sales with 29.0% contribution. The Net Sales from this division were Rp. 1,778.1 Billion, and year on year growth was 18.5%.
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Non Prescription Pharmaceutical Division contributed 20.5% to Net Sales amounting to Rp.1,255.6 Billion. Sales from this division grew 11.3% year on year.
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Raw Material Division recorded Net Sales of Rp. 481.9 Billion with sales growth of 14.8% year on year.
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Medical Device Division recorded a significant sales growth of 61.0% year on year with Net Sales figure of Rp. 358.8 Billion
- Veterinary Products Division grew 118.8% year on year with Net Sales figure of Rp. 21.7 in third quarter 2009.
- Health Care Service is the Company’s newest division since 2008. This division recorded Net Sales of Rp. 1.1 Billion.
“Medical Device Division continued to grow significantly, supported by The Company’s effort to provide marketing services on top of distribution services. Looking at each divisions“ strong performance and considering the good prospects of Indonesian economy, We believe Enseval will continue to show strong Sales and Profit performance in year 2009, Justian Sumardi, Enseval’s Vice President Director explained.
About Enseval
Enseval is Indonesia’s largest pharmaceutical and consumer health product distribution and logistic company, operated since 1973 and employed more than 4,000 staff. On August 1st, 1994, Enseval was listed on Jakarta Stock Exchange. Apart from being Kalbe Group’s distributor, Enseval has been trusted by other principals, both local and multinational companies. The Company has the most extensive distribution network with 2 Regional Distribution Centres, located in Jakarta and Surabaya and 41 branches spread in all over Indonesian archipelago. Enseval also owns additional 22 branches, managed by its subsidiary, PT Tri Sapta Jaya. Currently, The Company has 5 subsidiaries which are in the business of: distribution, raw material, medical devices and healthcare services.