Corporate Results: Indocement, KFC, Merck

More companies have released their financial results for 2017. Pretty much as predicted, cement producers and retailers saw their net profit margins eroding substantially, while pharmaceuticals enjoyed double-digit margins. In this report: Indocement Tunggal Prakarsa, Fast Food Indonesia, Merck, and Darya Varia Laboratory.

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Corporate Results

Property developer Pakuwon Jati (PWON) booked a net profit of Rp2 trillion in 2017, grew 13.7% from Rp1.78 trillion in 2016. Revenues rose 18% to Rp5.72 trillion from previous Rp4.84 trillion. Recurring revenues contributed 52%, while the development segment contributed 48% revenue.

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