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IndoAgri swings back to profitability in 3Q on biological assets and forex gains

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IndoAgri swings back to profitability in 3Q on biological assets and forex gains

PC Lee Published on Fri, Oct 28, 2016 / 7:42 AM GMT+8

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SINGAPORE (Oct 28): IndoAgri, the diversified and integrated agribusiness group, swung back to profitability in 3Q with earnings of IDR 159 billion ($16 million) from a restated loss of IDR 213 billion a year ago on higher sales and biological assets and foreign currency gains.

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