May 19, 2026 | Industries, Market
Shares of Kalbe Farma (KLBF) ended lower by 1.2% on Monday (May 18), while Soho Global Health (SOHO) lost 4.71%. These pharmaceutical players came out with diametrical results in the first quarter of 2026. Kalbe Farma, the largest player listed on the Indonesia Stock...
May 13, 2026 | Industries
Parna Raya Group, through its subsidiary PT Bara Blasting Perkasa, has recently kicked off construction of an integrated nitrate complex plant with US$300 million (approximately Rp4.9 trillion) of investment in Maspion Industrial Estate, Gresik, East Java province....
May 12, 2026 | Industries
Sulphur supply difficulties and the rising prices due to Iran war and closure of the Strait of Hormuz have affected not only plantation companies but metal processing industry in Indonesia. Their margins will likely under bigger pressure in the second quarter onwards....
May 11, 2026 | Industries, Market
Citra Tubindo (CTBN), producer of pipe for oil and gas operations (oil country tubular goods/OCTG), suffered 80% fall of sales revenues in the first quarter of 2026 due to lower purchase from both domestic and overseas oil and gas companies. Export sales fell sharply...
May 8, 2026 | Industries, Market
Two glass manufacturers listed on the Indonesia Stock Exchange (IDX) suffered from falling margins in the first quarter of 2026 due to low sales growth, higher input, labour, and utilities costs. PT Asahimas Flat Glass Tbk (AFMG), co-owned by AGC (Japan) and Rodamas...
Apr 29, 2026 | Industries, Market
Ammonia producer ESSA Industries booked net profit of US$18.8 million in the first quarter of 2026, surged by 132% from the corresponding period last year due to the spike of ammonia price related to Iran war. The war, started late February, contributed to 37% jump in...
