Tag: Phapros

Revisiting Phapros, Indofarma

by yosefardi.com | Sep 13, 2018 | Industries | 0

Pharmaceutical firm Phapros, subsidiary of state-owned trading firm Rajawali Nusantara (RNI), performed better compared to state-owned Indofarma (INAF). In the first half (H1) of 2018, Phapros reported a 45,8% jump in net profit to Rp53 billion, while INAF only booked a net profit of Rp253 million, but significantly improved from loss Rp53.54 billion in H1 of last year.

Merger & Acquisition Updates

by yosefardi.com | Aug 31, 2018 | Market | 0

PT Rehabilitasi Lingkungan Indonesia, a company owned 100% by coal giant Adaro Energy (ADRO), has notified the Business Competition Supervisory Commission (KPPU) regarding its plan to acquire a company controlled by Kalla Group. Phapros, pharmaceutical subsidiary of state-owned trading firm Rajawali Nusantara (RNI), meanwhile, has acquired PT Lucas Djaja Group.

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