Peruri Posts 16.38% Profit Growth

JAKARTA (Yosefardi) – State-owned securities paper and banknote printing company Peruri booked net profit of Rp145.40 billion in the first half of 2015, grew by 16.38% from Rp124.94 billion in the same period of 2014. Revenue increased 17.31% to Rp1.37 trillion from...

Indocement Cuts Capex by 22.2%

JAKARTA (Yosefardi) – Cement producer PT Indocement Tunggal Prakarsa Tbk (INTP) cuts its capital expenditure (capex) by 22.2% to Rp3.5 trillion for this year, from initial planned capex of Rp4.5 trillion. The decline in sales volume prompts the cut in capex. The...