Proceedings of the 17 th International Symposium on Management (INSYMA 2020)

PT Kalbe Farma and Weakening of Rupiah

Authors
S.L. Swandono, K. Raesita, P.A. Mahadwartha
Corresponding Author
S.L. Swandono
Available Online 31 January 2020.
DOI
https://doi.org/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.
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This is an open access article distributed under the CC BY-NC license.

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Volume Title
Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
31 January 2020
ISBN
978-94-6252-892-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200127.095How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - https://doi.org/10.2991/aebmr.k.200127.095
ID  - Swandono2020
ER  -