Benakat’s Profit Drops 48%

JAKARTA (Yosefardi) – PT Benakat Integra Tbk (BIPI) booked net profit of US$20 million in first nine months of 2014, dropped 48% from US$40.2 milion in the same period of 2013. Revenues doubled to US$216 million from previous US$107 million. Cost of revenue also...
Inovisi Holds on Coals Exploration

Inovisi Holds on Coals Exploration

JAKARTA (Yosefardi) – PT Inovisi Infracom Tbk (INVS) has not entered into exploration activity of coal as coal market is still on the bearih with low demand. The company only acts as agent for coal sales. PT Goldchild Integritas Abadi, INVS’ subsidiary,...
PTPN 3 Posts Profit Rp387 Billion

PTPN 3 Posts Profit Rp387 Billion

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) III, based in Medan (Sumatera), booked net profit of Rp387 billion in first half of 2014, jumped 250% from Rp110 billion in the same period of 2013. Net sales rose 27.6% to Rp3.22 trillion from...