PT Medco Energi Internasional (MEDC) Tbk, controlled by the family of Arifin Panigoro and Japan’s trading house Mitsubishi Corp, is the first major company releasing financial results for the first half ended June 30, 2015. No surprises! Falling crude oil prices cut its operating profit by 61.8% while sales revenues dropped 22.4%.To subscribe please click here
