Glenmore Bags Rp1.2 Trillion Loan

Glenmore Bags Rp1.2 Trillion Loan

JAKARTA (Yosefardi) – PT Industri Gula Glenmore, subsidiary of state plantation firm PT Perkebunan Nusantara XII has bagged syndicated loan of Rp1.2 trillion from 5 banks, used to fund its integrated sugar mill construction. Thaf 5 banks are Bank Rakyat...
Golden Agri Posts 17% Profit Decline

Golden Agri Posts 17% Profit Decline

SINGAPORE (Yosefardi) – Golden Agri-Resources Ltd (GAR) registered net profit of US$131 million in first half of 2014, declined 17% from US$158 million in the same period of 2013. Revenue increased 27% to US$3.95 billion from previous US$3.1 billion. For second...
PTPN X Suffers Loss Rp303.51 Billion

PTPN X Suffers Loss Rp303.51 Billion

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) reported loss of Rp303.51 billion in first half of this year, compared to loss of Rp1.72 billion in the same period of last year. Revenues dropped 43% to Rp377.08 billion first from previous...