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View all search resultsFood manufacturer conglomerate PT Indofood Sukses Makmur booked a positive financial performance throughout the first half of this year thanks to the increased sales and profit of its processed food subsidiary during the period.
Finance Minister Sri Mulyani Indrawati on Tuesday revealed that the Finance Ministry had managed to collect Rp 994.36 trillion (US$67.87 billion) in state revenue and grants up to the first half of 2018, from the whole year projection of Rp 1.89 quadrillion.
Publicly listed independent power company PT Cikarang Listrindo booked US$40.35 million in net profit in the first half of the year, down 28.04 percent year-on-year (yoy) from a decline in revenue and an increase in financing costs.
The Finance Ministry's customs and excise directorate general recorded 16.98 percent year-on-year growth in customs and excise tax revenue in the first half of 2018 to Rp 93.28 trillion (US$644 billion) or 48.08 percent of this year total target.
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