by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Tri Banyan Tirta TBk (ALTO) posted net profit of Rp1.6 billion in first half of 2016, against loss of Rp11.2 billion in the same period of 2015. Sales rose 28% to Rp167.16 billion. Sales of water in packaging increased 9.6% to Rp68.53...
by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Shipping firm PT Soechi Lines Tbk (SOCI) plans to convert all its rupiah debt into dollar, aiming to minimise impact from currency fluctuation and avoiding foreign exchange (forex) loss. The appreciation of rupiah has led SOCI to suffer...
by Yohanes Obor | Aug 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Rukun Raharja (RAJA) booked net profit of US$2.3 billion in the first half of 2016, dropped 59.6% from Rp5.7 million in the corresponding period of 2015. Revenues fell 6.1% to US$77.3 million from previous US$82.02 million. The...
by Yohanes Obor | Aug 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – In order to increase the potential growth of the Islamic financial markets, the Indonesia Stock Exchange (IDX) and Bursa Malaysia Tuesday (August 2) announced the signing of the Memorandum of Understanding (MOU) for cooperation to develop...
by Yohanes Obor | Aug 2, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange gained 0.2% to 5372 this morning, extending yesterday gain, with tax amnesty program boosting the market sentiment. While Asian shares edged lower in early trading on Tuesday, taking their...
by Yohanes Obor | Aug 1, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Bank Muamat, the largest Islamic bank in Indonesia, reported a 71.6% drop in net profit, to Rp30 billion in first half of 2016, compared to Rp106 billion in the corresponding period of 2015. Revenue fell 22.8% to Rp866 billion from previous...
