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Questionable Profits

Sunday, July 4, 2021

Perkebunan Nusantara III claims to have reaped profits. Was it because of improved operating performances, or was it the result of debt restructuring?

arsip tempo : 173055827124.

Workers harvesting sugarcane in Kerticala village, Indramayu, West Java, June 11. Antara/Dedhez Anggara . tempo : 173055827124.

MOHAMMAD Abdul Ghani, Chief Executive Officer (CEO) of Perkebunan Nusantara (PTPN) III, was beaming with confidence as he presented the performance of his company. On Monday, June 21, before the House of Representatives’ (DPR) Commission VI, which is in charge of, among others, the industry sector, he said that the company’s restructuring has improved its performances and operations.

He pointed at May’s Rp1.07-trillion pro

...

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Aisha Shaidra

Investment PT Perkebunan Nusantara (PTPN)
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