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View all search resultsQ1
Business 7 years ago
State lender BRI sees 11.58% growth in net income in Q1
State-owned lender Bank Rakyat Indonesia (Persero) saw 11.4 percent year-on-year (yoy) growth in net income in the first quarter of 2018 to Rp 7.42 trillion (US$534.24 million) from RP 6.65 trillion in the same period last year.
Business 7 years ago
Astra posts lower profit despite higher revenue in Q1
Diversified business group PT Astra International posted a 2 percent year-on-year (yoy) decrease in net profit in the first quarter of this year to Rp 4.98 trillion (US$358.8 million), in line with the declining performance of its business lines.
Business 7 years ago
Oil lifting decline continues in first quarter
Indonesia’s oil lifting, the colloquial term for ready-to-sell production, fell by 6.6 percent to 750,600 barrels of oil per day (bopd) throughout the first quarter because of a natural decline of reserves at various fields across the country.
