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Bumitama Agri reports 21.2% drop in 4Q earnings to $35 mil

Stanislaus Jude Chan
Stanislaus Jude Chan2/27/2018 08:21 AM GMT+08  • 2 min read
Bumitama Agri reports 21.2% drop in 4Q earnings to $35 mil
SINGAPORE (Feb 27): Bumitama Agri saw its earnings fall 21.2% to IDR 363.6 billion ($35.0 million) for the 4Q ended December, from IDR 461.6 billion a year ago.
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SINGAPORE (Feb 27): Bumitama Agri saw its earnings fall 21.2% to IDR 363.6 billion ($35.0 million) for the 4Q ended December, from IDR 461.6 billion a year ago.

This brings earnings for the full year in 2017 to IDR 1.19 trillion, 18.7% higher than earnings of IDR 1.01 trillion a year ago.

The lower 4Q earnings was mainly due to slower production during the quarter.

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