(Bloomberg) -- PT Perusahaan Perkebunan London Sumatra Indonesia, which runs rubber and oil palm plantations in the Southeast Asian nation, said first-quarter profit rose 46 percent as sales rose and costs declined.
The company, based in Jakarta, earned 91.3 billion rupiah ($10.1 million), or 71 rupiah a share, compared with 62.5 billion rupiah, or 51 rupiah a share, a year earlier, it said on its Web site. Sales rose 5.7 percent to 534.28 billion rupiah.
Read more at Bloomberg Commodities News
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