Kedaung Indah net sales down in third quarter : https://research.firstasiacapital.com/main/news-2835-penjualan-bersih-kedaung-indah-turun-di-kuartal-iii/26 October 2015 PT. Kedaung Indah Can Tbk (ketch) up to September 2015 (the third quarter) net sales decreased when compared with the profit achieved in the same period last year. This led to sales decline in earnings recorded by the company in the third quarter of 2015 decreased participate.
According to the company's financial report on Friday, the third quarter 2015 net sales recorded by the company only reached Rp.74.28 billion, while in the same period last year reached Rp.80.65 billion.
Kedaung Preparing to Raise Enamel Prices: http://industri.kontan.co.id/news/kedaung-bersiap-mengerek-harga-enamel/1 September 2016 PT Kedaung Indah Can Tbk (KICI) will raise the price of enamel in the second semester 2016 amounted to 5%. Previously, the company had raised the price of enamel gradually since the beginning of 2016 ago.
According to Ing Hidayat Karnadi, Corporate Secretary of PT Kedaung Indah Can Tbk, the company faces two major challenges. First, after the policy is issued anti-dumping of Chinese steel, Kedaung Indah should buy local steel with a portion of more than before. Whereas before, the composition of the imported steel is greater than that percentage and the price of imported steel cheaper than local steel. The second challenge, Kedaung Indah feel pressured by the increase in the provincial minimum wage (UMP) since last year.
HS No. 8309.90.40.00
1 July 2019
Trade Data 2018
Definition
Stoppers, caps and lids (including crown corks, screw caps and pouring stoppers), capsules for bottles, threaded bungs, bung covers, seals and other packing accessories, of base metal. Other : Bungs for metal drums; bung covers; seals; case corner protectors.