Multi Bintang remains bullish about Indonesia
Bareksa • 09 Jun 2014
Michael Chin, president director of Multi Bintang - (The Jakarta Globe/Rendy Aryanto)
Net income recorded robust growth with a 21 percent increase to Rp 1.17 trillion
The Jakarta Globe - Listed brewer Multi Bintang Indonesia, which is part of the Netherlands-based Heineken International, is in Indonesia for the long-term, despite challenges with slower economic growth, higher excise tax and the fluctuation of the rupiah.
Michael Chin, president director of Multi Bintang, who has been at the local company’s helm since May 1 last year, says prospects look good for the brewer.