Weha Transportasi Indonesia (WEHA) booked net profit of Rp78 billion in the first quarter (Q1) of 2017, against loss Rp2 billion in Q1 2016. Revenues declined 17.2% to Rp30 billion. Its assets reached Rp303 billion while liability amounted Rp121 billion. WEHA, PT Panorama Sentrawisata Tbk and PT Duta Chandra Kencana divest their stakes in PT Panorama Tours Indonesia to Singapore-based JTB Pte Ltd. for Rp491.35 billion value.
