Indonesian Political, Business & Finance News

Archive: 27 May 2006

2 articles found

Eterindo sales jump 284%

Eterindo sales jump 284% Listed chemical company and the first major producer of biodisel, PT Eterindo Wahanatama Tbk reported 284% growth in sales revenue in 2005 at Rp407.44 billion. According to its behind the schedule publication of 2005 financial report, Eterindo recorded lower operating profit at a mere Rp722 million. But the company managed to book net loss of Rp2 billion, dropped significantly from Rp38 billion in 2004.

Govt plans new scheme for turnpike projects

Govt plans new scheme for turnpike projects The Jakarta Post, Jakarta A proposed new financing scheme for turnpike projects will only require private investors to provide 30 percent of the money needed for land acquisition, while the rest can be obtained from bank loans.