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Weaker rupiah, lower commodity prices hit IndoAgri Q1 results

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Dragged down by a weaker Rupiah, softer commodity prices and foreign exchange losses, Indofood Agri Resources posted an 80.7 per cent year-on-year plunge in net profit to 35.03 billion rupiah.

Singapore

DRAGGED down by a weaker Rupiah, softer commodity prices and foreign exchange losses, Indofood Agri Resources posted an 80.7 per cent year-on-year plunge in net profit to 35.03 billion rupiah.

Revenue slipped 16.1 per cent to 2.66 trillion rupiah in 1Q15 due to lower

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