SINGAPURA - Kencana Agri Limited, the company running palm oil plantation business will report the net loss for the first three months in 2015 which ends in March 31st, 2015. The company officially announced that, Monday (4/5)
The loss happened for the decreasing Rupiah currency to US dollar and the average selling price of crude palm oil (CPO).
It was booked that one US dollar was Rp12.963 by the end of April or 4,6% lower than the end of 2014 which was Rp12.388. It was the data from Bloomberg, as quoted from Business Times. (T3)
