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Business 6 years ago
State miner Bukit Asam profit falls 22% as coal prices drop
Publicly-listed state coal miner Bukit Asam booked a net profit of Rp 3.1 trillion (US$220.3 million) in the January-September period of this year, a 21.8 percent decrease from the same period last year, although there was a sales increase due to a decline in coal prices and rising costs.
Business 6 years ago
Citibank Indonesia’s net profit jumps 97% in H1 amid sluggish loan growth
Private lender Citibank Indonesia reported a net profit of Rp 1.64 trillion (US$115.28 million) in the first half, up 97 percent from Rp 835.34 billion in the first six months of last year, thanks to higher interest income and better loan quality, although loan growth remained stagnant.
