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BlackBerry Sales Sluggish, Profit Drops 39% Erajaya

  • Posted on June 22, 2017 at 4:03 pm

Erajaya Swasembada Tbk PT (ERAA) recorded a 38.9% decline in net income to Rp 129.8 billion in the first half of 2013 compared to the same period last year of Rp 212.4 billion. Profit fell because of sluggish sales of the BlackBerry which started early this year.

BlackBerry sales that have accounted for the largest portion of revenue to the company must be reduced. Consequently, total turnover alias Erajaya participate eroded revenue.

The Company recorded net sales decreased by 6.7% to Rp 5.976 trillion in the first half of 2013 compared to net sales in the same period of the previous year of Rp 6.406 trillion.

The company’s operating profit also fell by 30% to Rp 214.6 billion compared with the same period of the previous year which reached Rp 306.7 billion.

Director of Marketing and Communications Erajaya Djatmiko Ward said the decline in sales due to the new rules of import of mobile phones causing the import process becomes longer. As a result, the supply for uninterrupted sales.

“Two weeks things could not get in, the automatic result of stock and sales hampered,” said Djatmiko exposure time performance, at the Capital Residence Sudirman, Jakarta, Wednesday (31/07/2013).

In addition, he said, the decline in sales was also due to the floods that hit Jakarta in January that led to the loss of sales for 10-14 days. Start fading prestige BlackBerry brand in the Indonesian market since the beginning of the year also led to the sales down.

“Because of this flood hampered our distribution channels,” he said.

He said the decline in sales was also followed by lower sales volume for mobile phones to 4.9 million in the first half of 2013 from 5.2 million in the same period the previous year. Mobile phones and tablets recorded the most substantial contribution accounted for 88.1% of net sales to Rp 5.267 trillion in the first semester of 2013 from Rp 5.996 trillion in the same period the previous year.

Meanwhile, the average selling price for all mobile phone brands also fell to 1,070,578 in the first half of 2013 from 1,144,218 in the same period the previous year.

Profit Dropped 82 Percent BNBR

  • Posted on June 15, 2017 at 11:34 am

PT Bakrie & Brothers Tbk (Bakrie), the parent company of the Bakrie business group, posted revenue of Rp 1.95 trillion in the first semester of 2013, plunged 82 percent over the same period in 2012 amounting to Rp 11.39 trillion.
Bobby Gafur Umar, President & CEO BNBR, explains, during the first six months ni BNBR successful management significantly suppress interest expense and financial expense by decreasing the portion of the debt.
Thus, interest expense and finance
The company fell by 78 percent from Rp 775.79 billion in the first half of 2012 to Rp 172.78 billion at the end of the first half of 2013, “Bobby said in a written statement on Wednesday (31/07/2013).
“It is down when compared to the first half of 2012 revenue gains. This is due to the deconsolidation of our subsidiaries, namely Bakrie Petroleum International Pte. Ltd.. and its subsidiaries, It also had an impact on net profit of the company, “he said.
Based on the company’s financial statements as of June 30, 2013, net income BNBR first half of 2013 reached Rp 8.36 billion, down 96 percent compared to the same period in 2012 amounted to Rp 214.35 billion.
In the report a year ago, perserian still include financial records Bakrie Petroleum International Pte. Ltd.. and Subsidiaries.
While the Company’s profit attributable to the parent entity, in the same period also fell from Rp 61.23 billion to Rp 4.86 billion.
The Company recorded a debt position until the first semester of 2013 BNBR remaining Rp 172.78 billion from Rp 603 billion.

Gets BRI Rp 5 Billion Profit In 3 Months, Up 18%

  • Posted on June 10, 2017 at 12:22 pm

PT Bank Rakyat Indonesia Tbk (BBRI) recorded a net profit of Rp 5.01 trillion at the end of March 2013, up 18.76% over the same period in 2012 and Rp 4.22 trillion.

As quoted from the press release, Wednesday (24/04/2013), profit growth is in line with the increase in the BRI loans reached 27.6% on an annual basis. BRI micro loans grew 22.3%, up from last year’s first quarter growth recorded 16.12%.

With this growth rate, the micro segment is the largest contributor BRI loan portfolio, which reached 31.07%. For the record, the contribution of micro-credit in the loan portfolio BRI BRI continues to increase within 5 (five) years.

BRI micro credit growth is not just merely result in an increase in outstanding loans, but also results in an increase in the number of customers. Until the end of March 2013, the number of micro borrowers BRI reached 5.7 million people.

Credit to small and medium-sized business segment, which is the result of a trickle-down corporate segment, grew by 183% over the same period last year.

Eid, Tiki Agent Turnover soared up to 20%

  • Posted on June 5, 2017 at 11:42 am

Coming to Lebaran, increased shipping activity. One agent Tiki, Gilang, said if the outlets has increased to 20 percent when the business through delivery of services during the month of fasting than normal month.

In usual, Tiki’s agent is able to achieve a turnover of Rp 25 million per month. This turnover will also increase to 20 percent during the fasting month this year.

“The increase 20 percent during the fasting month this year, compared to normal operation before the fasting month,” said Gilang the Okezone in Jakarta.

Howling explained, during the fasting month, rising delivery to shipping documents and that in fact cakes as souvenirs. Meanwhile, shipments to overseas destination.

However, Gilang said, by the time the week before Hari Raya Idul Fitri, delivery of goods will be more towards the area of Sumatra Island.

“Shipping now (month of fasting) most similar documents souvenirs, the most distant delivery Papua, if abroad Singapore, but if most of the week before Eid to Sumatra, Medan,” he said.

Metland Rp 40 Billion Dividend

  • Posted on June 4, 2017 at 2:27 pm

PT Metropolitan Land Tbk (MTLA) will distribute profits or dividends to shareholders amounting to Rp 40.47 billion or USD 5.37 per share. The amount of dividends equal to 20% of the company’s net profit of Rp 203.69 billion in 2012 to 7.57 billion stockholders.

Director Metland Nanda Widya said dividend decision has been approved in the Annual General Meeting (AGM) held by the company at the Hotel Mulia, Jakarta, Thursday (16/05/2013).

“The dividends will be distributed on July 5, 2013,” he said.

In addition, the shareholders also approved a net profit in 2012 was allocated to the reserve fund of Rp 2 billion company to a business development company. While the remainder recorded as retained earnings to increase working capital.

The Company recorded income of $ 678.729 billion in 2012, up 25.3% compared to 2011 revenue of Rp 541.781 billion. While the value of the company’s assets in 2012 grew 16.5% to Rp 2.016 trillion from Rp 1.73 trillion.

WIKA Rp 457 Billion Record Earnings, Up 29%

  • Posted on May 30, 2017 at 4:57 pm

PT Wijaya Karya Tbk (WIKA) recorded a 29.2% rise in net profit in 2012, amounting to Rp 457.86 billion from Rp 354.50 billion in the previous period. This increase was driven increase in the turnover of SOEs.

WIKA’s coded sales reached Rp 9.82 trillion, up 26.9% from 2011’s Rp 7.74 trillion.

“The increase in sales in the year 2012 the profit growth in several business segments,” he disclosed WIKA 2012 financial statements, as quoted detikFinance, Tuesday (03/19/2013).

WIKA sales over the past year supported by six business segments namely construction, (civil and building), mechanical electrical, energy investment, concrete products (precast), realty and property, and manufacturing.

“Construction services, mechanical electrical, and energy investments are managed by the Parent Company accounts for 70.4% of total sales WIKA,” he added.

Water Dragon year, WIKA sales target company could reach Rp 11.86 trillion, up 20.8% from the realization in 2012 that amounted to Rp 9.82 trillion. While, for net income, is targeted to reach Rp 555.06 billion, up 21.2% from the figure for 2012.

Build Plant Milk, Kalbe Rp 300 Billion Spending

  • Posted on May 28, 2017 at 8:01 am

PT Kalbe Farma, drug manufacturers and national health supplements, plans to build a dairy factory in the Cikampek, West Java. According to the Director of Finance and Corporate Secretary of Kalbe Farma, Vidjongtius, the plant cost around Rp 300 billion. “The project started in 2014,” he said at a media gathering.
Vidjongtius said the plant will be owned by the installation of a fourth milk production Kalbe Farma. With the construction of this plant, Kalbe increase milk production capacity of 12 thousand tons to 24 thousand tons per year.
Funds to build the plant will be met from capital expenditure Kalbe Farma in 2013, which reached Rp 1.5 trillion. According Vidjongtius, until the first half, the company has spent at least 40 percent of the annual capital expenditure. “The new plant is expected to support business growth in the future,” he said.
In 2012, Kalbe has completed the construction of dairy factory in Sukabumi, West Java. This plant is the result of cooperation with PT Milko Beverage Industry. Kalbe, which poured an investment of Rp 154 billion, became the majority owner with 51 percent parts.
Throughout 2013, Kalbe targeting revenue growth and net income by 18 percent. That figure is above the growth of the pharmaceutical industry which reached 15 percent. In 2012, Kalbe Farma pocketed a net profit of Rp 1.73 trillion and Rp 13.6 trillion in net sales. Thus, the company targets a net profit of Rp 2.04 trillion and Rp 16 trillion in net sales in 2013.

Semester I, Oil Production Reaches 99 Percent

  • Posted on May 26, 2017 at 5:27 pm

JAKARTA – Special Unit Managing Upstream Oil and Gas (SKK Migas) said state revenue from the management of upstream oil and gas in the first half of this year reached $ 18, 7 billion from USD18.4 billion target set for the first half year .

While oil production in the same period, managed to achieve an average of 831 118 barrels per day (bpd), or 99 percent of the target set in the state budget in 2013 amounted to an average of 840,000 barrels of oil per day.

Rudi Rubiandini SKK Migas chief, said the achievement of the national oil production up to 99 percent of the budget target has never happened within the last three years. Previous achievements continue to be under 99 percent.

“The successful achievement of oil production and revenues is the result of the hard work of the workers in the oil and gas SKK, all workers Sharing Contract (PSC), leaders and workers in the Ministry of Energy and Mineral Resources, Ministry leaders and workers in other related, among House of Representatives (DPR), Regional Governments and all stakeholders in the upstream oil and gas industry, including the support of the media, “Rudi said in Jakarta, Thursday (08/01/2013).

Therefore, Rudi appreciate and thank them for their hard work and support of all stakeholders in order to increase production of oil and natural gas revenues nationwide so that the target could be exceeded.

“Although there are still many unsuccessful PSC oil production exceeded the target set in the state budget in 2013 but some very well managed PSC exceeded the target,” said Rudi.

Rudi insisted that the entire PSC is still not able to meet the target set in the state budget-2013 as well as targets in the Work Programme and Budget (WP & B) in 2013, in order to immediately improve the performance target is met.

“Performance targets are not reached so soon improved to the national oil production target could also be exceeded. What we are doing right now is working for the state, in the national interest because it lets us collaborate and work together,” he said.

A number of non-technical constraints such as the licensing process in local government, including the issue of sealing oil wells crude oil theft is still a major persolaan in an effort to increase national oil production.

Therefore, said Rudi, the regents are expected to participate and support efforts to increase domestic oil production in order to improve the welfare of the people in Indonesia.

“State revenue from oil and gas are not only enjoyed by the people in the oil and gas producing areas but also enjoyed by the public at the end of the island in the archipelago that has no oil. Due to direct oil and gas revenues into the state account and go straight in the oil and gas revenues in the state budget enjoyed by all people of Indonesia from Sabang to Merauke, “he concluded.

Down, Astra gets profit of Rp 8.8 Trillion

  • Posted on May 21, 2017 at 3:21 pm

JAKARTA, KOMPAS.com – PT Astra International Tbk and its subsidiaries had net profit of Rp 8.8 trillion during the first half of 2013. Net income was down 9 percent from the acquisition of the first half of 2012 which reached Rp 9.7 trillion. Earnings per share fell 9 percent to Rp 218 per saham.PT Astra International and its subsidiary, Tuesday (07/30/2013), announced a slight decrease in performance during the first half of 2013 compared to first half of 2012.
Through the release mentioned that the Astra’s net income during the first six months of 2013 amounted to Rp 94.3 trillion. Net revenue was down 2 percent compared to the same period of 2012 which reached Rp 95.9 trillion.
According to the President Director of PT Astra International Prijono Sugiarto, there are several factors that predicted to affect business performance in the second half of 2013.
Factor in question is increased competition in the automobile market, rising labor costs, and declining commodity prices. As for his own prospects for domestic demand continued to grow.
There are six core business lines are the focus of Astra Group, the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Two division increased net income, namely financial services division rose 19 percent to Rp 2.1 trillion and information technology division rose 2 percent to Rp 55 billion.
Net income and mining equipment division fell 24 percent to Rp 1.4 trillion. Agribusiness division net income fell 25 percent to Rp 571 billion.
Meanwhile, the automotive division’s net profit fell 10 percent to Rp 4.4 trillion. Demand for motor vehicles during the first 6 months of 2013 remained high.
Based on data from the Association of Indonesian Automotive, car sales in Indonesia in the period January to June 2013 reached 601 952 units. The sales figures increased compared to the same period in 2012 to reach 535 261 units.
Increased income and affordability levels still remain high interest rates support demand for motor vehicles. Automotive segment net profit decline due to increased competition due to an increase in domestic production capacity and high labor cost.
Of total national car sales of around 602,000 units, Astra’s car sales rose 6 percent to 321 000 units. Market share declined from 56 percent to 53 percent.
Astra Toyota Agya and Astra Daihatsu Ayla?-Products of energy-efficient cars and affordable (low cost green car / LCGC)-Astra Group is expected to begin to be distributed in August 2013 with a production capacity of 10,000 units per month.
Meanwhile, the Indonesian Consumers Foundation (YLKI) asked the government to revise the regulations concerning the total cars energy efficient and environmentally friendly.
“It should be given incentives are public transport, not private vehicles,” said board member daily YLKI, Sincere Abadi.
According YLKI, policy-efficient cars can be accepted if the transport system in the large cities is adequate and integrated. Regulation efficient cars is currently not on time because it is still poor public transport infrastructure in Indonesia.

Manufacturers Profits Rise 20 Percent Beer

  • Posted on May 19, 2017 at 9:30 am

PT Multi Bintang Indonesia posted a 20.07 percent rise in net profit or Rp 690.35 billion in the first semester of 2013. The increase in profit was seconded beer sales in the domestic market.
In a disclosure, Tuesday, July 30, 2013, local sales Multi Bintang Rp 2.08 trillion or 99 percent of the value of the company’s total sales. Beer sales revenue accounted for 88.8 percent or Rp 1.54 trillion. The rest is supported by the sale of non-beer beverages.
According to the President Director of PT Multi Bintang Indonesia, Chin Kean Huat, there are two major customers that a sales increase of more than 10 percent. Both are Indonesia’s PT Gitaswara sales accounted for 14 percent and PT Bintang Bali Indah by 11.8 percent.
For gross profit, Multi Star posted an increase of 26.8 percent or Rp 1.34 trillion. Multi Bintang business profit reached Rp 926 billion, up 22 percent from the same period in 2012.
Multi Bintang Indonesia is a subsidiary of Asia Pacific Breweries Limited (APB), one of the major players in the international beer industry. Through the mill in Sampang Agung, Mojokerto, East Java, and Tangerang, Banten, Multi Bintang producing famous drinks, such as Bir Bintang, Heineken, Guinness, Bintang Zero, and Green Sands.