PT Kalbe Farma and Weakening of Rupiah

Swandono, Shiela Liviani and Raesita, Karina and Mahadwartha, Putu Anom (2020) PT Kalbe Farma and Weakening of Rupiah. In: 17th International Annual Symposium Management (INSYMA) UBAYA, 19-21 February 2020, Vung Tao City, Vietnam.

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Official URL / DOI: https://www.atlantis-press.com/proceedings/insyma-...

Abstract

The exchange rate is one of the biggest economic issues because the fluctuation of the exchange rate could harm any businesses as they use different currencies in their daily operations. This case study aims to analyze the strategies used by PT Kalbe Farma, Tbk, a pharmaceutical company listed in the Indonesia Stock Exchange, regarding the weakening condition of Rupiah. Pharmaceutical companies rely hardly on the usage of imported raw materials, and the weakening condition of Rupiah would negatively affect their net profit. The strategies used by PT Kalbe Farma, Tbk, successfully increased the net profit by 4.5% in 2018.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: exchange rate, fluctuations, weakening of Rupiah
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Postgraduate Programs > Master Program in Management
Depositing User: Ester Sri W. 196039
Date Deposited: 13 Jan 2020 02:41
Last Modified: 01 Feb 2023 07:56
URI: http://repository.ubaya.ac.id/id/eprint/37018

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