Category: News Group

Bank DBS Profit Down 17.4%

Bank DBS Indonesia booked net profit of Rp503 billion in 2017, declined 17.4% from Rp609 billion in 2016. Net interest income rose 12% to Rp2.9 trillion from previous Rp2.67 trillion. But operating profit fell 11.3% to Rp648...

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INPP Posts 40.6% Profit Drop

Property developer Indonesian Paradise Property (INPP) booked net profit of Rp100 billion in 2017, dropped 40.6% from Rp170 billion in 2016. Revenues increased 4% to Rp596 billion. But profit from associates fell 47.3% to Rp99...

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MIDI Sets Up New Entity

Retailer Midi Utama Indonesia (MIDI) sets up new entity, PT Lancar Wiguna Sejahtera, to engaging in convenience store business with brand of Lawson. This new entity has total issued and paid-up capital of Rp12.37 billion. MIDI...

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