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financial-performance

Indofood posts 3.1% growth in consolidated net sales
Business 7 years ago

Indofood posts 3.1% growth in consolidated net sales

Food manufacturing company PT Indofood Sukses Makmur announced on Wednesday that it had posted 3.1 percent growth in consolidated net sales to Rp 54.74 trillion in the period of January to September, compared to Rp 53.12 trillion in the same period, last year.
Garuda claims high on-time performance during Idul Fitri
Business 8 years ago

Garuda claims high on-time performance during Idul Fitri

National flag-carrier PT Garuda Indonesia claims that it has been able to keep its on-time performance above 90 percent for its domestic and international flights during this year’s Idul Fitri exodus season
Krakatau Steel aims to reach break-even point in 2017
Business 8 years ago

Krakatau Steel aims to reach break-even point in 2017

State-owned steel maker PT Krakatau Steel aims to reach break-even point this year, following State-Owned Enterprises (SOE) Minister Rini Soemarno's instruction for all SOE's to avoid ending the year in the red. 
Bank Jatim posts double-digit profit growth for 2016
Business 9 years ago

Bank Jatim posts double-digit profit growth for 2016

East Java administration-owned lender Bank Jatim has booked Rp 1.03 trillion (US$76.97 million) a net profit for last year, an increase of 16.25 percent year-on-year (yoy).
Citibank Indonesia reaps high profit growth in Q3
Business 9 years ago

Citibank Indonesia reaps high profit growth in Q3

The Indonesian branch of US-based Citibank saw its net profits rise in the third quarter of this year despite the ongoing global economic downturn and sluggish domestic demand.
Banks unperturbed amid tightening liquidity
Business 9 years ago

Banks unperturbed amid tightening liquidity

The domestic banking industry is thought to have sufficient liquidity to support loan expansion if the economy improves next year as predicted despite weak growth in third-party funds.
Asuransi Bintang enjoys strong premium performance
Business 9 years ago

Asuransi Bintang enjoys strong premium performance

General insurance company Asuransi Bintang booked Rp 160.03 billion (US$12.11 million) of gross premium income in the first half of the year, 14.48 percent growth compared to the same period last year, on the back of a new strategy.
PTPN III to restructure its US$1.88 billion debts
Business 9 years ago

PTPN III to restructure its US$1.88 billion debts

The holding company of 14 state-owned agriculture firms, PTPN III, has announced a plan to restructure Rp 25 trillion (US$1.88 billion) of debts or 75 percent of its total outstanding liabilities worth Rp 33.24 trillion.
Sawit Sumbermas sees CPO output falling this year
Business 9 years ago

Sawit Sumbermas sees CPO output falling this year

Palm oil producer PT Sawit Sumbermas Sarana has forecast stagnant earnings for this year amid declining crude palm oil (CPO) production due to the El Nino weather phenomenon.
Media group VIVA posts stellar growth
Business 9 years ago

Media group VIVA posts stellar growth

The parent company of entertainment channel ANTV, news channel tvOne and news website Viva.co.id has reported strong growth in the first half of the year.
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