Kencana Agri reports smaller 3Q losses on lower interest expense, JV share of results

SINGAPORE (Nov 14): Kencana Agri reported 3Q net losses narrowed to US$1.38 million ($1.9 million) from $5.9 million a year ago.

This came on the back of lower interest expense and lower losses from share of results of joint venture offset by an increase in foreign exchange loss as a result of the weakening IDR.