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financial-report

BTPN profits decline 21% in Q3 as bad loans increase
Business 5 years ago

BTPN profits decline 21% in Q3 as bad loans increase

The decline was a result of an 84 percent increase in loan-loss provision to Rp 1.95 trillion, while net interest income dropped by 2 percent to Rp 7.9 trillion.
Unilever profit falls as sales flatten in Q3
Business 5 years ago

Unilever profit falls as sales flatten in Q3

Unilever recorded a 1.29 percent year-on-year drop in net profit to Rp 5.44 trillion (US$370.3 million) as of Sept. 30 while its sales grew by only 0.3 percent yoy to Rp 32.46 trillion during the period.
Pertamina logs $768 million net loss in first half of year
Business 5 years ago

Pertamina logs $768 million net loss in first half of year

Pertamina booked a US$767.92 million net loss in the first half of this year amid weak energy demand and prices.
Metal miner Antam sees net profit sink 80 percent in first half
Business 5 years ago

Metal miner Antam sees net profit sink 80 percent in first half

The government's ban on nickel ore exports significantly impacted the miner's half-year revenue, but it posted an uptick in gold sales.
Garuda turns in first-half losses as pandemic hits aviation
Business 5 years ago

Garuda turns in first-half losses as pandemic hits aviation

National flag carrier Garuda Indonesia turned in a loss of US$712.73 million in the first half of this year after booking a net profit of $24.11 million in the same period last year as the COVID-19 pandemic continues to batter the airline industry.
US companies leap over low profit hurdle in coronavirus-hit quarter
Business 5 years ago

US companies leap over low profit hurdle in coronavirus-hit quarter

More than halfway through second-quarter earnings, 82.1 percent of companies reporting have surpassed profit expectations, which would be the highest in the history of Refinitiv IBES data going back to 1994.
Indosat’s loss widens despite revenue growth in first half
Business 5 years ago

Indosat’s loss widens despite revenue growth in first half

Indosat has recorded a loss of Rp 341.1 billion (US$23.49 million) as of June, 2.8 percent higher than the loss it booked in the same period last year.
Bukit Asam to cut capex amid falling demand from PLN, India
Business 5 years ago

Bukit Asam to cut capex amid falling demand from PLN, India

The miner initially budgeted Rp 4 trillion (US$264.9 million) of capex for 2020, mostly to develop a giant coal-fired power plant in South Sumatra.
Netflix shares dive on profit miss despite user growth
Business 5 years ago

Netflix shares dive on profit miss despite user growth

Netflix reported a profit of US$720 million on revenue of $6.1 billion in the recently ended quarter.
Explainer: What you need to know about Trump's battle with New York over his financial record
World 5 years ago

Explainer: What you need to know about Trump's battle with New York over his financial record

A US Supreme Court ruling on Thursday allowed the chief Manhattan prosecutor to obtain the financial records of President Donald Trump from third parties.Here is what you need to know:
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