Car export Grows 10%, Gaikindo Says

JAKARTA (Yosefardi) – The Association of Indonesia Automotive Industry (Gaikindo) reported that Indonesia exported 140,465 units of completely built-up (CBU) car during January-August 2015, grew by 19% from 127,199 units in the corresponding period of 2014....

Spindo Posts 43% Drop in Profit

JAKARTA (Yosefardi) – PT Steel Pipe Industry of Indonesia (Spindo) Tbk (ISSP) booked net profit of Rp116.4 billion in the first half of 2015, dropped 43% from the same period of 2014. Revenues grew by 7% to Rp1.77 trillion but the company suffered foreign exhange...

Prada Posts 23% Decline in Net Income

HONG KONG (Yosefardi) – PRADA S.p.A. booked net income of 188.59 million euro in the first six months ended July 31, 2015, declined 23% from 244.85 million euro in the corresponding period of 2014. Net revenues grew by 4.2% to 1.82 billion euro from previous...