Profit slumps for Salim Ivomas, Sumatra
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Profit slumps for Salim Ivomas, Sumatra

Singapore : Singapore | Aug 16, 2012 at 12:08 AM PDT
Source: The Jakarta Post
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Salim Ivomas, a part of the Salim Group, said on Wednesday that its net profits were down by 28.14 percent, to Rp 882 billion (US$92.6 million). The decline in the net profit was attributed to the lower average selling prices of palm and rubber products, and higher costs, the company said. FULL ARTICLE AT The Jakarta Post
 
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