Giant food processor Mayora Indah (MYOR) booked net profit of Rp807 billion in the first half ended June 30, 2019, an increase of 9.7% from the corresponding period last year. Forex loss of Rp103 billion contributed to the modest growth of net profit. At the current price, Mayora has market capitalization of Rp51 trillion (US$3.6 billion), equals to 5.4 x equity as at June 30, 2019.To subscribe please click here