JAKARTA (Yosefardi) – JAKARTA (Yosefardi) – PT Mulia Industrindo Tbk (MLIA), one of the largest glass manufacturers in Indonesia, allocates Rp20 billion for buying back its 20% shares scheduled for September 7-December, 7, 2015.
At 2.47 pm Jakarta time, MLIA gained 0.85% to Rp590 per share. The stock has fallen 15.1% from its peak year to date.
MLIA suffered loss of Rp40 billion in the first half of 2015, against profit of Rp330 billion in the same period of 2014. Net sales increased 1.9% to Rp2.8 trillion from previous Rp2.75 trillion.
The company recorded no writeoff of loan interest as did in the first half of 2014 with interest loan writeoff of Rp215.5 billion. Its assets reached Rp7.1 trillion while liability amounted Rp5.84 trillion.