PT Kalbe Farma and Weakening of Rupiah

DOI

10.2991/aebmr.k.200127.095How to use a DOI?

Keywords

exchange rate, fluctuations, weakening of Rupiah

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.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - S.L. Swandono
AU  - K. Raesita
AU  - P.A. Mahadwartha
PY  - 2020
DA  - 2020/01/31
TI  - PT Kalbe Farma and Weakening of Rupiah
BT  - Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
PB  - Atlantis Press
SP  - 476
EP  - 478
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200127.095
DO  - 10.2991/aebmr.k.200127.095
ID  - Swandono2020
ER  -