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Alfamart Grows 11.8% but Posts Rp38.6 Billion Losses

JAKARTA (Yosefardi) – PT Sumber Alfaria Trijaya (AMRT) Tbk, operator of Alfamart convenience stores, posted net loss of Rp38.6 billion in the first quarter of 2015 against profit of Rp10 billion in the corresponding quarter of 2014. Alfamart recorded sales...

Net Interest Income Falls 50%, Bank Mutiara Turns Red

JAKARTA (Yosefardi) – Bank Mutiara, controlled by Japanese company J Trust, booked net loss of Rp96.6 billion in the first quarter of 2015 as net interest income fell sharply by 50%. Bank Mutiara (BCIC) posted net interest income of Rp16.99 billion only in the...

Bank Bukopin’s Profit Falls 19%

JAKARTA (Yosefardi) – Bank Bukopin (BBKP) booked net profit of Rp198.14 billion in the first quarter of 2015, down 19.5% from the same period of 2014. Bukopin, whose assets grew slightly to Rp81.5 trillion as at March 31, 2015, recorded net interest and sharia...

Index Falls 1.9%, Blue Chip Stocks Lead

JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) fell as much as 1.91% in the opening hour Monday (Apr 27) on weak results of blue chip companies in the first quarter of 2015. Shanghai composite, on the other hand, opened significantly...