Shares of hospital operator Siloam International Hospitals (SILO) have retreated nearly 27% from its peak on broad market and specific correction in healthcare industry following transition from pandemic to endemic of Covid-19.
Read MoreThe troubled textile giant PT Sri Rejeki Isman Tbk (SRIL or Sritex) suffered loss of US$60 million in H1 of 2022, significantly narrowed from US$886 million loss in H1 of 2021, mainly due to last year’s huge losses from allowance for impairment losses on receivables and inventories.
Read MoreUnited Tractors (UNTR)—a subsidiary of Astra International engaged in construction machinery supply, coal mining contracting, own coal business, power generation, and civil construction—reported a higher sales performance in July 2022, compared to previous month, thanks to more spending from miners enjoying a bonanza year.
Read MoreMetallurgical coal producer Adaro Minerals Indonesia (ADMR), subsidiary of Adaro Energy (ADRO), booked profit attributable to owners of US$201 million in the first half (H1) of 2022, surged 491% year on year (y/y), as operating profit surged 446% y/y to US$273 million. Operating margin improved to 62.6% from 30.9%. Revenues jumped 165% y/y to US$435.6 million.
Read MorePT Anugerah Barokah Cakrawala (ABC), a company owned by Haji Isam’s Jhonlin Group, has recently kicked off construction of a nickel smelter with Rp6 trillion of investment at the Sungai Dua special economic zone (SEZ) in Tanah...
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