{
    "success": true,
    "data": {
        "id": 1301881,
        "msgid": "bimantaras-losses-narrow-1447893297",
        "date": "2000-05-02 00:00:00",
        "title": "Bimantara's losses narrow",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bimantara's losses narrow JAKARTA (JP): Publicly listed PT Bimantara Citra booked a net loss of Rp 218.41 billion (US$27.26 million) in 1999, compared with a net loss of Rp 270.54 billion the previous year, according to the company's end-of-year audited financial report.",
        "content": "<p>Bimantara's losses narrow<\/p>\n<p>JAKARTA (JP): Publicly listed PT Bimantara Citra booked a net<br>\nloss of Rp 218.41 billion (US$27.26 million) in 1999, compared<br>\nwith a net loss of Rp 270.54 billion the previous year, according<br>\nto the company's end-of-year audited financial report.<\/p>\n<p>The business group, which operates in media and broadcasting,<br>\ntransportation and automotive, chemicals, property and financial<br>\nservices -- also reported a drop in sales to Rp 1.40 trillion<br>\nlast year from Rp 1.52 trillion in 1998.<\/p>\n<p>The company, however, managed to reduce its long term debt to<br>\nRp 1.66 trillion in 1999 from Rp 2.13 trillion of the previous<br>\nyear.<\/p>\n<p>The company also said it booked a foreign exchange gain of Rp<br>\n105.72 billion in 1999, compared to a Rp 157.85 billion in forex<br>\nlosses the previous year.<\/p>\n<p>The government in 1998 issued a ruling which allowed companies<br>\nto amortize their foreign exchange loss in order to help some<br>\ncorporations partially defer their large overseas debt overhang.<br>\n(udi)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bimantaras-losses-narrow-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}