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IndoAgri sinks into the red with 125.68b rupiah loss for Q3

Vivienne Tay
Published Thu, Oct 31, 2019 · 09:50 PM

Singapore

INDOFOOD Agri Resources (IndoAgri) has sunk into the red with a net loss of 125.68 billion rupiah (S$12.2 million) for the third quarter ended Sept 30, continuing to be adversely affected by weak commodity prices.

The net loss was compared with a net profit of S$8.74 billion a year ago, according to the agribusiness' results posted on Thursday.

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