Sateri Holdings Ltd drops 2.86% to HK$1.7 in Hong Kong Stock Exchange Thursday (Sep 6). At this price, Sateri, a company controlled by Indonesian tycoon Sukanto Tanoto, has market cap of HK$5.95 billion, almost 80% below its peak, reportedly due to poor first half results. Sateri’s net profit plummeted 90% to US$13 million in the period.
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