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Sinarmas 2Q earnings fall 69% to $20 mil on lower sales from Indonesia

PC Lee
PC Lee • 2 min read
Sinarmas 2Q earnings fall 69% to $20 mil on lower sales from Indonesia
SINGAPORE (Nov 12): Sinarmas Land reported $20 million in 2Q18 earnings, down 69.4% lower from a year ago om lower revenue from its Indonesia division, higher finance cost and weakening of the Indonesian Rupiah.
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