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View all search resultsState-owned electricity company PLN has booked Rp 18.50 trillion (US$1.22 billion) in losses as of the end of the third quarter of 2018, compared to Rp 3.04 trillion in profit in the corresponding period last year, PLN’s financial report published on the Indonesia Stock Exchange (IDX) on Tuesday announced.
Publicly listed coal miner PT Adaro Energy announced on Thursday its third quarter report with a total coal production of 14.93 metric tons (mt) and sales of 15.47 mt, a 5 percent and 9 percent increase year-on-year, respectively.
Finance Minister Sri Mulyani Indrawati has estimated that the large current account deficit will continue through to the third quarter, as government measures to curb imports had not produced significant results in the second quarter.
Bankers have seen consumer credit come under pressure as the end of the year approaches, following Bank Indonesia’s decision to increase its seven-day reserve repo rate by 1 percent to 5.5 percent since April to strengthen the rupiah against external pressure.
Multi-brand lifestyle company PT Mitra Adiperkasa (MAP) booked revenues of Rp 10.78 trillion (US$793.93 billion) in the third quarter or 13.54 percent year-on-year (yoy) growth due to strong brand resilience, the company announced on Wednesday in a statement.
Multi-brand lifestyle company PT Mitra Adiperkasa (MAP) booked revenues of Rp 10.78 trillion (US$793.93 billion) in the third quarter or 13.54 percent year-on-year (yoy) growth due to strong brand resilience, the company announced on Wednesday in a statement.
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