🔴 Prodia Diagnostic Line is trading 5% down after nine-month revenue fell 60.9%

Prodia Diagnostic Line is trading at IDR 108.00 (-5.26%) after nine-month revenue fell 60.9% year over year.

• Nine-month revenue was Rp21.48 billion, and the company reported a Rp11.09 billion net loss.
• Management attributed lower revenue to changes in customer purchasing patterns and product needs.
• Results reversed the prior-year period’s Rp13.71 billion net profit; shares traded 2.45 million on November 3.