{
    "success": true,
    "data": {
        "id": 1374373,
        "msgid": "tunas-ridean-incurs-loss-1447893297",
        "date": "1998-11-28 00:00:00",
        "title": "Tunas Ridean incurs loss",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Tunas Ridean incurs loss JAKARTA (JP): Publicly listed Tunas Ridean reported a net loss of Rp 900 million (about US$120,000) in first nine months of this year compared to a net profit of Rp 12.6 billion in the same period last year. The motor vehicle distributor and consumer financing company said in a statement on Friday that the net loss was primarily due to a huge foreign exchange loss of Rp 19.5 billion. Foreign exchange losses were Rp 10.5 billion in 1997.",
        "content": "<p>Tunas Ridean incurs loss<\/p>\n<p>JAKARTA (JP): Publicly listed Tunas Ridean reported a net<br>\nloss of Rp 900 million (about US$120,000) in first nine months of<br>\nthis year compared to a net profit of Rp 12.6 billion in the same<br>\nperiod last year.<\/p>\n<p>The motor vehicle distributor and consumer financing company<br>\nsaid in a statement on Friday that the net loss was primarily due<br>\nto a huge foreign exchange loss of Rp 19.5 billion.<\/p>\n<p>Foreign exchange losses were Rp 10.5 billion in 1997.<\/p>\n<p>Sales in the company&apos;s automotive division declined by 53<br>\npercent -- totaling Rp 380.6 billion -- from January to September<br>\ndue to the economic crisis.<\/p>\n<p>Tunas Ridean is 51.85 percent owned by PT Tunas Andalan<br>\nPratama, 30 percent by Jardine International Motor Holdings BV,<br>\n0.70 percent by cooperatives and 17.45 percent by the public.<br>\n(aly)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/tunas-ridean-incurs-loss-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}