Indonesia's CBRE Posts Steep Loss Amid Ongoing Rights Issue Plans
PT Cakra Buana Resources Energi Tbk (CBRE) reported a net loss of Rp191.77 billion for the nine months ending Q3 2026, a 484% increase from the previous year. Despite revenue growth, soaring cost of goods sold and foreign exchange losses impacted the bottom line. The company is currently proceeding with its rights issue plans, awaiting approval from the OJK.
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