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Profit Perhutani first semester of 2013 reached Rp466 billion

  • Posted on March 24, 2018 at 12:32 pm

Profit before tax Perhutani to end first semester of 2013 reached Rp466 billion, up 179 percent from Renca Budget Work Company (CBP) has been determined.

According to a press release from Perhutani received by AFP in Jakarta, on Saturday, the profit of the many donated from round timber sales in the country reached Rp882 billion and Rp520 billion overseas reach.

In addition, sales of other industries in the country reached Rp232 billion, sales of finished wood products industry from abroad totaled Rp50 billion and sales of processed wood (raw sawn timber) in the country reached 30 billion.

Gondorukem products, processed pine resin is the second largest income producer for Perhutani with the value of exports jumped 12 per cent of the target in the CBP. Perhutani gondorukem export markets are Europe, Japan, China and several other countries. Gondorukem Perhutani is the largest producer in Indonesia and Southeast Asia.

Director Sukmananto Perhutani Bambang said targets and business outlook for the second half of 2013 Perhutani directed at four things, ie achieve the production target node exceeds the first half, giving priority to the principles of sustainable forest management, the industry will begin to prepare for productive use and make savings in anticipation of price increases oil to the forest industry.

Perhutani also has several projects such as the completion of construction of the plant in Pemalang gondorukem derivatives, sago factory in Sorong, Papua Perhutani headquarters and development in collaboration with other state-owned enterprises.

US factory output increases modestly in June to help boost industrial production 0.3 pct.

  • Posted on March 12, 2018 at 9:36 am

U.S. factories cranked out more business equipment, home electronics and autos last month, boosting manufacturing output for the second straight month.

The Federal Reserve said Tuesday that manufacturing production rose 0.3 per cent in June from May. That followed a 0.2 per cent gain the previous month. Still, the two consecutive gains barely offset production declines in March and April.

Overall industrial production, which includes factories, mines and utilities, also rose 0.3 per cent in June. Mining output increased 0.8 per cent, while utility output slid 0.1 per cent.

Manufacturing is the most critical component of industrial production. The recent gains are a hopeful sign that factories could rebound in the second half of the year.

The “report confirms the picture of a moderate recovery in the manufacturing sector,” Annalisa Piazza, senior economist at Newedge Strategy, wrote in a research note.

Manufacturers have struggled this year, providing little support to the economy. Their output is up just 1.8 per cent over the past 12 months. And factories have cut jobs in each of the past four months, shedding a total of 24,000 since February.

A key reason for the weakness is slower global growth has cut demand for U.S. exports. Europe is still in a recession and China’s economy grew from April through June at the slowest pace in more than two decades.

Manufacturing has shown improvement in Britain, France and Italy. Large Japanese manufacturers are also sounding optimistic for the first time in nearly two years.

There have been other positive signs that suggest U.S. factory production could increase in the second half of the year.

The Institute for Supply Management said that factory activity improved in June after hitting its lowest level in four years. But the closely watched manufacturing survey reported that employment fell to its lowest level since September 2009.

Factory activity in the New York region grew for the second straight month in July, according to the Federal Reserve Bank of New York’s Empire State manufacturing survey.

U.S. businesses reported a strong 1.1 per cent increase in sales in May, the Commerce Department reported. Those same firms only increased their stockpiles slightly, suggesting they will need to order more goods to keep up with demand.

And Americans bought more cars and trucks, furniture and clothes in June, according to a separate Commerce report on retail spending. But consumers cut back almost everywhere else, and overall retail sales rose just 0.4 per cent last month from May.

PTPP Gets Projects Rp 4.5 Trillion in 3 Months

  • Posted on March 2, 2018 at 3:45 pm

Construction of the state-owned Housing Development Tbk PT (PTPP) in the first quarter -2013 obtain new contracts Rp 4.5 trillion. New contracts coded PTPP has penetrated 23% of the target for the project in 2013, which amounted to Rp 19.7 trillion.

“This acquisition increased 2.5 times compared to the acquisition of new contracts to the same period last year,” said Betty Ariana PTPP Corporate Secretary in a press release on Friday (05/04/2013).

PTPP in this water dragon year targets to carve a net profit of Rp 370 billion, up 20% compared to the previous year’s target. The increase in the net income derived from the business income of 4 fields of construction, property, EPC, and investment.

Major projects which was won PTPP, among other projects JW Marriot Hotel, St Moritz, The Kencana, malls Sun Karawang, M Gold Tower, Uluwatu Hotel, Surabaya Tunjungan Plaza V, Terminal 3 of Soekarno-Hatta Airport, train tracks South Sumatra by PT KAI, and Combined Cycle Power Plant EPC project Tanjung kitbag 120 megawatts (MW).

Astra International reported net profit of Rp 8, 8 trillion

  • Posted on March 2, 2018 at 2:14 pm

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.

“The performance of the company and its subsidiaries in the first semester of 2013 showed a slight decrease compared to the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.

He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.

He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.

Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.

Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.

Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.

Gold mining production Mauritania Normal Walking

  • Posted on March 1, 2018 at 2:16 pm

A gold mining strike in Mauritania, the third largest company-owned Kinross, Canada, did not have an impact on production, the company said on Friday.

A union spokesman said Thursday that the strike was triggered wages and working conditions over 1,500 local staff and making production in the mining Tasiat within 400 kilometers northeast of the capital of Mauritania, Nouakchott stalled.

But a spokesman for Tasiast Mauritanie Limited SA, a unit of Kinross said the process is still running and???? Production is maintained at the planned level.

He said an agreement has been reached five of the six demands of the strikers.

Open pit mine producing 185 334 ounces of gold in 2012, it is owned by Kinross, according to the company website.

Sales turnover in Benhil Food Reaches Rp 210 million a month

  • Posted on February 23, 2018 at 9:44 am

Traders cake and food for iftar in Ramadan Markets Lower Dam (Benhil) can claim to reap a turnover of between Rp 90 million and Rp 210 million for a month to sell.

Hardian example, vendors selling a variety of cakes is admitted for a day to sell, he can reap a turnover of approximately USD 4 million to $ 6 million from 20 various cake box. Within a day it provides 2,500 fruit cake.

“Depending on the weather, too, if it rains deserted. Could day was to Rp 6 million at the most,” he said in Benhil Market, Sunday (28/07/2013).

The usual traders opening cake wares at the market this morning Blok M later admitted it had been four years, every month of Ramadhan he was selling at the Market Benhil Ramadan. For a rental fee to sell, he must reach “pockets” of Rp 2.5 million for a per table for a month, and he opened the two tables.

“The cake buy direct so, yes he could have said a week had a turnover-lah,” he said.

Herdian risol sell cake-like sausage, fried martabak, pastel to a variety of other fried foods. For the unit cost, Herdian sell at a price of Rp 2,000 to Rp 3,000 rupiah.

Meanwhile, by selling typical cuisine of Padang, Ika Friastuti say in a month to sell, he can earn Rp 5 million to $ 7 million per day.

For a side dish of fruit he sells, valued diverse, ranging from Rp 4,000 to Rp 15,000. Like cakes that are sold for Rp 4,000 per piece, rendang, beef jerky, lung sold Rp 10,000 to Rp 15,000 for head snapper.

In addition, Ika also sells for Rp 20,000 package, which contains rice and sauce with potato cakes or dengdeng or lung or rendang.

“The day I take 150 to 200 for a single dish. Approximately 4,000 lah I take a day,” said a trader at the market daily selling this Majestik.

Indonesian Cement Net Profit Up 22.9 percent

  • Posted on February 22, 2018 at 9:37 am

PT Semen Indonesia (Persero) Tbk posted a first half net profit of Rp 2.58 trillion or Rp 436 per share, an increase of 22.9% from the same period in 2012. The revenue stood at Rp 11.4 trillion, an increase of 31.9 percent over the same period last year which stood at Rp 8, 6 trillion.

The increase in revenues was supported by the total sales volume increased by 18.3 percent to 12.23 million tons in the first half of 2013. Domestic turnover amounted to 12.14 million tons (up 18.0 percent) and export sales of 0.09 million tonnes (up 170 percent). While the national cement sales volumes (industry) grew 7.5 percent to 27.83 million tons compared to the previous period, which stood at 25.89 million tonnes.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6 percent from last year’s 40 , 9 percent, “said President Director of Semen Indonesia, Dwi Soetjipto in a written statement received by Tempo, July 29, 2013.

Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. In the first half of 2013, the Java market accounted for revenue of Rp 5.72 trillion (52.43 percent of total domestic sales), while consumers outside of Java contribute to the revenue of Rp 5.19 trillion or 47.57 percent of the total domestic sales .

In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia. From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number jumped 170 percent compared to overseas sales in the first half of last year which was only Rp 30.34 billion.

PTPP Rp 92.94 billion Dividend Coverage

  • Posted on February 18, 2018 at 10:46 am

PT PP (Persero) Tbk (PTPP) will pay dividends of Rp 92.94 billion. The dividend equivalent to 30% of the net profit of Rp 309.68 billion in 2012.

Director PTPP, Bambang Triwibowo said net profit last year rose by 29% compared to previous year profit of Rp 240.22 billion.

“The increase in net income was bolstered by the acquisition of new contracts, increase revenue and efficiency and continuous innovation company,” Bambang said in a press conference at Headquarters PTPP, Pasar Rebo, East Jakarta, Tuesday (30/04/2013).

The plan, the dividend will be distributed to shareholders in June 2013. To revenue in the year 2012, the issuer’s stock PTPP coded, managed to reap Rp 8 trillion.

This revenue, an increase of 28.43%, when compared to last year’s Rp 6.23 trillion.

“To support the company’s long-term target of the future will be supported by the construction of 5 business, property, EPC, investment and other businesses such as industry,” he said.

Electronics Industry Ready to Face the AEC 2015

  • Posted on February 9, 2018 at 8:20 am

Deputy Trade Minister Bayu Krisnamurthi said that the cable industry and electrical appliances Indonesia has been prepared for the ASEAN Economic Community (AEC), which will start rolling by the end of 2015.
“This company is one of the best in ASEAN, and their products have met the standards, so as to believe elektrikalkami Indonesian production is able to compete on the MEA,” Bayu said during a visit to PT Supreme Cable Manufacturing Commerce on Monday.
Bayu said that, to date, produced kebel and tools elekrik in Indonesia is not intended for export out, because domestic demand is very high.
“Nationally, we see a deficit position our balance sheet for electrical, but it is not because we are not competitive, but more because domestic demand is very big,” said Bayu.
According to Bayu, export data from Indonesia in 2012 and, for electrical products exported only $ 7 billion U.S. dollars, exports to ASEAN and to only 2.6 billion U.S. dollars.
Bayu explained, for the import of electrical products in 2012 reached 15 billion U.S. dollars, but the high is not only for imports but including also the cable inside the generator and some tools that are not produced in Indonesia.
“When viewed in the industry, the number of cable industry there are approximately 25 companies, and about five or six companies are quite large, and overall I’m sure they are ready,” said Bayu.
The visit aimed to review the readiness of Indonesia to enter the AEC industry which will start up in late 2015, in particular for power tools sector.
Electrical and electronic equipment sector is one sector that is discussed in ASEAN Consultative Committee on Standards and Quality (ACCSQ).
Indonesia itself has ratified trade agreements electrical and electronic equipment in ASEAN through Presidential Regulation No. 79/2010 on the ratification of Agreement on the ASEAN Harmonized Electrical and Electronic Equipment Regulatory Regime

Semester I, BRI Profit Reached Rp 10 Trillion

  • Posted on February 2, 2018 at 12:56 pm

PT Bank Rakyat Indonesia (Persero) Tbk, recorded a net profit of Rp 10 012 trillion in the first half of this year. »This positive growth trend,” said Director of Business SME Bank BRI Djarot Kusumayakti in exposure in the financial performance of Bank BRI headquarters in Jakarta, Tuesday, July 30, 2013.
When compared with the same period last year, profit rose 16.3 percent this year. In the first half of 2012, BRI Bank recorded a profit of Rp 8.61 trillion.
The increase in profit was supported by 26.4 per cent credit growth and fee-based income growth of 22.6 percent. BRI’s micro credit growth year on year in this period reached Rp 122.08 trillion, an increase of RP 25.49 trillion from the same period last year.
»We managed to maintain credit quality, as reflected by the level of micro-credit NPL of 0.46 percent,” he said. The micro credit growth followed by growth in the number of micro borrowers who reach 5.9 million people.
Meanwhile, in terms of funding, the growth of third-party funding (TPF) BRI also rose. As of the end of June 2013 BRI total third party funds reached Rp 439 trillion, up 18.3 percent year on year. DPK acquisition BRI dominated by retail store, »This is evident from the number of savings accounts until the end of June 2013 reached about 37 million accounts,” said Djarot.
The fee-based income increased by 22.6 percent of BRI, with the highest growth of e-banking transactions grew by 72.2 percent year on year. E-banking users BRI products, such as ATM, SMS Banking and Internet Banking showed an increasing trend.
For ATM, Djarot explained, users reached 18 in the first half of this period. While users of SMS Banking in the same period reached 4.28 million people, and internet banking users reached 640 thousand customers.
The increase in fee-based income is inseparable from the development of IT infrastructure and e-banking features along with the expansion of e-channels and outlets. In addition to e-banking transactions, he explained, the growth of fee-based income derived from fee BRI also obtained from trade finance, which in the same period grew by 70.7 percent.
Previously, PT Bank Central Asia Tbk (BBCA) announced a net profit after tax in the first half 2013 consolidated valued at Rp 6.3 trillion. This acquisition supported by growth in net interest income and other operating income increased 22.5 percent in the same period in the previous year.