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GGRP: Steel Domestic Demand Remains High. Gunung Raja Paksi Tbk (GGRP) officially became a public company, Thursday (19/9) then. GGRP aims at net profit of 2020 can reach USD 38.5 Million. This figure rises 48% YoY from this year’s profit target which is set at USD 26 Million. President Director of GGRP, Alouisius Maseimilian dare.

MGRO Acquires Palm Oil Mill. Producers of crude palm oil (CPO), Mahkota Group Tbk (MGRO), through its subsidiaries, Berlian Inti Mekar will acquire oil palm factories in South Sumatera. The value of purchasing plant assets belonging to Mahkota Andalan Sawit reaches IDR 120 Billion. President Director of.

GGRP Targets Sales USD 906.64 Million. Gunung Raja Paksi Tbk (GGRP) targets increased steel sales volume this year. Therefore, the company’s revenues will increase. In this year, GGRP hopes to increase steel sales volume by 3.3% to 1.25 million.

TGKA Buys 24.9% of Blue Gaz Shares. The distribution company, Tigaraksa Satria Tbk (TGKA), added a stake in Blue Gas Indonesia (Blue Gaz). As a result, TGKA shares ownership in.

MAPI: Focus on Biggest Contributor. Fashion retailers see business growth opportunities at 2H19. To avoid freelancing, they continue to take on all business strategies. Mitra Adiperkasa Tbk (MAPI) for.

ARKA: Pursuing Revenue Targets. Arkha Jayanti Persada Tbk (ARKA) pursues revenue target for this year amounting to IDR 160 Bn. The Target was 53% higher than the realization of ARKA revenue in 2018 of IDR 104 Bn. Even so, up to 1H19, the new ARKA recorded revenues of IDR 50.79.

KLBF Develop Biopharma Products. Kalbe Farma Tbk (KLBF) pharmaceutical issuers continually strive to develop new products. In addition to, KLBF will cooperate with European company to conduct research related to the development of biological or biopharma.

PGAS: Industrial Gas Price Rises. Perusahaan Gas Negara (Persero) Tbk (PGAS) plans to raise the gas price of the industrial commercial customers as of October 1, 2019 with a number of considerations. Moreover, based on the circular.

INDF: ICBP Contributions Significant. Indofood Sukses Makmur Tbk (INDF) recorded a performance growth in the 1H19. The growth is monitored both from the top line and bottom line of the company. President Director of INDF and Indofood CBP Sukses Makmur Tbk (ICBP), Anthoni Salim claimed to be satisfied with the good performance along 1H19. ICBP’s.

LPPF Net income Growth Limited. Retail issuer, Matahari Department Store Tbk (LPPF) booked a limited increase in net income at 1H19 of 0.67% YoY from IDR 5.91 Trillion at 1H18, to IDR 5.95.