Rukun Raharja’s Profit Drops 59.6%

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...

MNC Pictures Mulls IPO

JAKARTA (Yosefardi) – PT Media Nusantara Citra Tbk (MNCN) mulls to offer shares of its unit PT MNC Pictures through the initial public offering (IPO), expected to happen next year. MNC Pictures produces content for TV screen (sinetron and film for cinema). The...