Month: October 2022

First Half Results: Pan Brothers & Kimia Farma

Oct 3, 2022 | Market

Textile producer Pan Brothers (PBRX) booked profit attributable to owners of US$3.38 million in the first half (H1) of 2022, dropped 71% year on year (y/y). State pharmaceutical firm Kimia Farma (KAEF), meanwhile, suffered loss of Rp206 billion in H1 of 2022, against profit of Rp53.4 billion in the same period of 2021 due to falling sales and squeezed margins.

Coal Journal

Oct 3, 2022 | Commodities

Global coal prices has declined 5.4% from its peak since September 5, 2022, but it jumped 85% year to date (ytd). Newcastle coal futures, the benchmark for top consuming region Asia, traded around US$435 on September 30, 2022, easing from the record-high of US$460 hit earlier in the month as concerns of halted supplies in the US waned.

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