Indonesian Political, Business & Finance News

Profit not losses

| Source: JP

Profit not losses

I would like to draw your attention to an article on page one
of your newspaper on Aug. 7, 1995. It is about one of our
clients, PT Semen Andalas Indonesia, and had the headline Andalas
suffers losses of Rp.2.4 billion.

The article mentioned that SAI suffered a total loss of Rp 2.4
billion in the first seven months of this year. This is wrong.
The Rp 2.4 billion loss was due to the closure of a kiln because
of an oversupply of cement.

In fact, during this period SAI booked an overall profit of Rp
11.5 billion.

We would appreciate it very much if you could correct and
publish this information, as this may convey quite a different
message.

KURIE ALIM (MS)

Ventura Perdana Utama

Jakarta

View JSON | Print