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Banking Update

Bank Permata (BNLI), co-owned by Standard Chartered Bank and Astra International (ASII), booked profit after tax of Rp748 billion in 2017, against loss of Rp6.48 trillion in 2016. Net interest income declined 11.2% to Rp5.2 trillion from previous Rp5.88 trillion, but operating profit rose 5.25% to Rp8.58 trillion from earlier Rp8.15 trillion

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Banking Update

Bank Permata (BNLI), co-owned by Standard Chartered Bank and Astra International (ASII), booked profit after tax of Rp748 billion in 2017, against loss of Rp6.48 trillion in 2016. Net interest income declined 11.2% to Rp5.2 trillion from previous Rp5.88 trillion, but operating profit rose 5.25% to Rp8.58 trillion from earlier Rp8.15 trillion

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Mandom Indonesia Books Profit Rp179.13 Billion

Mandom Indonesia (TCID), producer of personal care products, booked net profit of Rp179.13 billion in 2017, grew 10.5% from Rp162 billion in 2016. Sales rose 7.2% to Rp2.71 trillion from previous Rp2.18 trillion. TCID targets...

Fajar Wisesa Posts 24.8% Growth in Sales

Paper producer Fajar Surya Wisesa (FASW) booked sales of Rp7.33 trillion in 2017, grew 24.8% from Rp5.87 trillion in 2016. While selling expenses also rose 26.2% to Rp5.92 trillion from previous Rp4.69 trillion. FASW then...

Timah Eyes Rp1 Trillion Profit This Year

State nickel producer Timah (TINS) targets to book net profit of Rp1 trillion this year, compared to Rp506 billion estimated for last year. In Jan-Sep 2017 period (9M), TINS booked net profit of Rp300.57 gillion, jumped 493%...

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Coca-Cola Amatil in Indonesia: Results & Outlook

Coca-Cola Amatil has just released its full year 2017 results to Australia Stock Exchange (ASX) this morning. The Company reported underlying earning before income tax of $678.7 million last year, down slightly by 0.7% from 2017. Indonesia and Papua New Guinea operations, however, jumped 30.6%.

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