Trading in shares of newly-listed fishery products processing firm Prima Cakrawala Abadi (PCAR) was suspended today for cooling down from its recent significant cummullative gain. It was traded at Rp955 on Tuesday (Jan 9), while its IPO price was Rp150. PCAR raised Rp70 billion fund from the initial public offering (IPO), listed at Dec 29, 2017. The Company expects to book a net profit in 2017, against loss in previous year. It targets to book sales and revenues of Rp406 billion and net profit of Rp11 billion this year.
