PT Wijaya Karya (Persero) Tbk. (WIKA) has posted a net profit growth of 6.78% during the first quarter of 2014.
The Construction SoE recorded net income with Rp167.51 billion, up from Rp156.87 billion in the same period last year.
The revenue rose 6.24% to Rp2.79 trillion from Rp2.62 trillion. Cost of revenue rose 5.95% to Rp2.47 trillion from Rp2.33 trillion.
These conditions cause the company’s gross profit rose 8.5% to Rp315.73 billion from Rp290.98 billion.