Hexindo Adiperkasa Raised Selling Price amidst Rupiah Weakened

The rupiah (IDR) exchange rate against the US dollar (USD) translucent to IDR14,500/USD towards the end of last week. The weakening of the value of the rupiah is influential for heavy equipment business, Hexindo Adiperkasa, Tbk (HEXA:IJ), since some components are still supplied through imports.

Hexindo’s Heavy Equipment Sales Increase 13.4% in 1Q18

Hexindo Net Sales Growth 30%

Hexindo Targets its Market Share 24% in 2017