Aneka Tambang, Tbk (ANTM:IJ) recorded an increase in gold sales to 385% YoY to 13.1 tonnes in 1H18, compared to 1H17 of 2.7 tonnes. Jump in their gold sales driven by the company’s market development strategy amid low gold prices, In addition, Antam’s ferronickel production also increases by 33% YoY to 12,400 kilograms (kg) in.
Read More...Kino Indonesia, Tbk (KINO:IJ) is targeting 10% YoY revenue and 35% YoY net income in FY18, amounting to IDR3.48Trn and IDR148.9Bn, respectively. The company is planning to implement various strategies in order to meet these targets, some of which are changing their distribution system, personal care segment diversification, and reducing their stock keeping units (SKU).
Read More...Indonesia Asahan Aluminium (Inalum) gained USD5.2Bn loan offer that comes from 11 local and foreign banks. The offerings including to help finance the purchase of Freeport’s Grasberg mine stake, the management stated. The company is considering to take the cheapest offers they can get. INCO’s Nickel Matte Production Continues to Rise Bukit Asam’s Capex Allocation.
Read More...Industri Jamu dan Farmasi Sido Muncul, Tbk (SIDO:IJ) is confident to book 10% YoY sales growth in FY18. To meet this target, the company is planning to launch soft capsule product for Tolak Angin and Tolak Linu that will be launched in September 2018 and to operate new factory with capacity to 200m pieces/month. This.
Read More...Summarecon Agung, Tbk (SMRA:IJ) plans to strengthen its property business portfolio. The company is planning to develop La Piazza as shopping and apartments, located in Central Kelapa Gading. The company also plans to launch residential property product in Bekasi and Bandung. It targets 12% YoY marketing sales in FY18, amounting to IDR4Trn, with the largest.
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