Sido Muncul to Invest Rp235 Billion

JAKARTA (Yosefardi) – PT Industri Jamu Dan Farmasi Sido Muncul Tbk (SIDO), producing herbal medicine and engaged in pharmacy industry, allocates Rp235 billion for investment in 2016, mostly to fund factory expansion, producing Tolak Angin product, in Klepu, Semarang....

Merck and Taisho Post Profit Drop

JAKARTA (Yosefardi) – Pharmaceutical firm PT Merck Tbk (MERK) posted 14.7% drop in profit to Rp122 billion in first nine months to September of 2015 period, from Rp142 billion in the same period of 2014. Revenues rose 17.7% to Rp754 billion but operating profit...