Stable growth of cable manufacturers

With the exception of Jembo Cable (JECC), four other cable manufacturers listed on Indonesia Stock Exchange (IDX) reported stable growth in the first nine months of 2019. Jembo Cable suffered 9.7% decline, while Kabelindo Murni (KBLM) posted 15.4% growth in sales revenues. Sucaco, the largest player, enjoyed a strong sales revenue growth of 9.4% in Jan-Sep 2019.To subscribe please click here