Search result for: "China"

MGRO Focus on Target Performance. Although shadowed by a number of challenges, Mahkota Group Tbk (MGRO) is still faithful to the performance targets that are pegged from the beginning. In 2019, MGRO had an income of IDR 5 Trillion, rising significantly compared to last year which was only IDR 2 Trillion. One of the driving.

S&P Downgrade ASRI Rating with Negative Outlook. The Standard & Poor’s (S&P) rating agency Global Ratings lowers the debt rating of Alam Sutera Realty Tbk (ASRI) from B to B– with negative outlook. The rating decline also applies to the unsecured senior bonds of ASRI. The rating decline reflects the expectation.

Giant Conglomerations Compete on Fintech Lending. The conglomerate network in the financial technology (fintech) lending is increasingly spurs. Moreover, giant conglomerations in Indonesia are participating in the online lending.

BUMI Optimistic Coal Price. Coal commodity prices have not been fully recovered. However, Bumi Resources Tbk (BUMI) continues to maintain its operational performance optimally. Dileep Srivastava, Director of BUMI,.

Metro Pacific IPO worth USD 1.6 Billion. Metro Pacific Investment Corp, prepares to attract large funds from the Philippine stock market. The company, which is part owned by the Salim Group, will take off the stock of the Initial Public Offering.

TPIA Remains Expansive. The decline in the average sale price of ethylene and polyethylene, resulted in the performance of Chandra Asri Petrochemical Tbk (TPIA) along 1H19. TPIA’s revenues fell 18.1% to USD 1.05 Billion from USD 1.29.

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.

SMKL to Develop Export Market. Trade wars between the United States (US) and China are continuously disrupting the flow of goods between the two countries. Paper packaging manufacturer, Satyamitra Kemas Lestari Tbk (SMKL).

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.

TOBA: Keeping Mine Plan. The realization of coal production and sale of Toba Bara Sejahtra Tbk (TOBA) for 1H19 is less than the same period last.