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MarketScreener Homepage  >  Equities  >  INDONESIA STOCK EXCHANGE  >  PT Kimia Farma (Persero) Tbk    KAEF   ID1000070303

PT KIMIA FARMA (PERSERO) TBK

(KAEF)
  Report
End-of-day quote. End-of-day quote INDONESIA STOCK EXCHANGE - 10/21
3360 IDR   -0.88%
06/19Indonesia gives tax break to makers of personal protective equipment
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Indonesia gives tax break to makers of personal protective equipment

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06/19/2020 | 03:29am EDT
FILE PHOTO: People are seen wearing protective face masks at a station in Jakarta, Indonesia

Indonesia announced a tax break on Friday for manufacturers of personal protective equipment and household antiseptic products used during the coronavirus outbreak.

Manufacturers will be able to offset 30% of their production costs between March and September this year against their taxable income, according to the new regulation, uploaded on the tax department's website.

The tax break applies to makers of surgical and N95 masks, gloves and antiseptic hand sanitizers, ventilators, reagents for diagnostic tests of COVID-19 and disinfectants. They include companies such as Unilever Indonesia, Pan Brothers and Kimia Farma.

Indonesia reported 1,041 new cases of coronavirus on Friday, taking the total so far to 43,803, with 2,373 deaths.

(Reporting by Gayatri Suroyo and Tabita Diela; editing by Susan Fenton)


Stocks mentioned in the article
ChangeLast1st jan.
PT KIMIA FARMA (PERSERO) TBK -0.88% 3360 End-of-day quote.168.80%
PT UNILEVER INDONESIA TBK -0.63% 7950 End-of-day quote.-5.36%
UNILEVER N.V. -1.42% 51.46 Delayed Quote.0.45%
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All news about PT KIMIA FARMA (PERSERO) TBK
06/19Indonesia gives tax break to makers of personal protective equipment
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Financials
Sales 2020 - - -
Net income 2020 71,0 B 0,00 B 0,00 B
Net Debt 2020 - - -
P/E ratio 2020 261x
Yield 2020 -
Capitalization 18 661 B 1 270 M 1 269 M
Capi. / Sales 2020 -
Capi. / Sales 2021 -
Nbr of Employees 12 699
Free-Float 9,97%
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 2 700,00 IDR
Last Close Price 3 390,00 IDR
Spread / Highest target 20,9%
Spread / Average Target -20,4%
Spread / Lowest Target -61,7%
EPS Revisions
Managers
NameTitle
Verdi Budidarmo President Director
Untung Suseno Sutarjo President Commissioner
Pardiman Financial Director
Ervan Belyadi Suryadi General Manager-Information Technology
Tia Mutianingsih General Manager-Research & Development
Sector and Competitors