Asahimas Flat Glass (AMFG), a market leader for glass producer in the country, reported a net loss of Rp71 billion in the third quarter (Q3) of 2018, widened from loss Rp20 billion in the first half (H1) of this year. Revenue grew 13.5% to Rp1.21 trillion, but gross profit declined 5.3% to Rp173.8 billion. AMFG suffered operating loss of Rp50.8 billion in Q3, against operating profit of Rp53 billion in the previous year.
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