ICBC Indonesia Posts Profit Rp389 Billion

JAKARTA (Yosefardi) – PT Bank ICBC Indonesia booked profit attributable to equity of Rp389 billion in 2015, grew by 41.63% from Rp274 billion in 2014. Net interest income rose 35.71% to Rp1.06 trillion from previous Rp783 billion. Operating profit increased...

Ramayana Eyes 7-8% Sales Growth

JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) targets its sales to grow by 7-8% this year, compared to Rp8 trillion last year. The improving economy and the cooperation with Spar International in developing supemarket would support the...

Astra to Invest Rp13.6 Trillion

JAKARTA (Yosefardi) – PT Astra International Tbk (ASII) allocates Rp13.6 trillion for capital expenditure (capex) for this year, a 38.77% rise compared to Rp9.8 trillion capex for last year. Capex for automotive division accounts for Rp2.7 trillion, for...

Bank Mayora Posts 160% Profit Jump

JAKARTA (Yoseefardi) – PT Bank Mayora booked net profit of Rp45 billion in 2015, jumped 160% from 2014, on the back of funds optimalization represented by LDR ratio growth, to 85% from less than 70% in 2014. Other supports were the fund injection from IFC and...