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View all search resultsfinancial-performance
Business 9 years ago
Sari Roti aims for 20% sales increase
Bread maker Nippon Indosari Corpindo is eyeing a 20 percent increase in sales this year to Rp 2.6 trillion (US$198.3 million). In the first half of the year, the company behind the Sari Roti brand recorded a 15 percent annual increase in sales to Rp 1.2 trillion.
Business 9 years ago
Indomobil’s net profits drop on falling car sales
The drop in car sales nationwide in the first quarter of this year has affected the profits of major automotive distributors, including PT Indomobil Sukses Internasional, which has recorded a 17 percent decrease year-on-year (yoy) from Rp 5.05 trillion (US$376.64 million) to Rp 4.19 trillion.
Business 9 years ago
Gajah Tunggal shareholders appoint new CEO
Publicly listed tire maker Gajah Tunggal Tbk has promoted its former chief operating officer Budhi Santoso Tanasaleh to the position of president director, replacing Christopher Chan who has moved to the vice president commissioner post.
Business 9 years ago
United Tractors sees lower Komatsu sales, bigger construction portion
Heavy equipment distributor United Tractors Tbk (UT) reported a significant year-on-year (yoy) decline in heavy equipment sales in the first four months of the year, as the construction sector took over the mining sector’s domination in terms of sales contribution.
Business 9 years ago
Kalbe eyes higher growth on the back of economic recovery
After seeing slower growth as a result of people's weaker purchasing power last year, publicly listed pharmaceutical and nutrition manufacturer Kalbe Farma Tbk has optimistically set a double-digit growth target this year.
