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View Full Version : Indofood Profit Drops 70% on Foreign-Exchange Loss - Bloomberg



NewsWhore
04-30-2009, 12:43 AM
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Indofood Profit Drops 70% on Foreign-Exchange Loss (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dark1cjJJA0Q4%26refer%3Dasia&cid=1343628825&ei=VS75SamEPYK4MaaCwZAI&usg=AFQjCNErppJmiB6HpFedH7-BLcxqqm18cA)
Bloomberg
“The profit decline from currency losses hopefully will not be recurring,” said Harris Dalimunthe, who helps manage about $205 million at PT BNI Securities in Jakarta. “The flat sales were more because of lower contributions from the palm oil business. ...


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