The Indonesian glass and tile manufacturer PT Mulia Industrindo said in mid-December that it will be increasing the domestic prices of its products by between 13% and 18% as of 1 January 1997.
Mulia …
The Indonesian glass and tile manufacturer PT Mulia Industrindo said in mid-December that it will be increasing the domestic prices of its products by between 13% and 18% as of 1 January 1997. Mulia said in a statement that its subsidiary, PT Muliaglass, obtained ISO 9002 certification from SGS Yarsley International Certification Services Limited of the United Kingdom in November 1996. “With the combination of the two factors, we believe our company can achieve a net profit of Rp 180 billion in 1997,” Mulia investor relations director Rony Djohan said in the statement.