PT Kalbe Farma and Weakening of Rupiah
S.L. Swandono, K. Raesita, P.A. Mahadwartha
Available Online 31 January 2020.
- https://doi.org/10.2991/aebmr.k.200127.095How to use a DOI?
- exchange rate, fluctuations, weakening of Rupiah
- 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.
- 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 -