Oil and gas company PT Energi Mega Persada (ENRG) Tbk has just released its first quarter 2012 financial statement. Sales revenue jumped 140%, while operating profit almost tripled to US$41 million. Comprehensive net profit,...
Read MoreIndonesia’s export revenues drop 7.36% to US$15.98 billion in April, while import grew 1.82% to US$16.62 billion. That means trade deficit for April was US$640 million. In the first four months of 2012, however, the...
Read MoreXL Axiata (EXCL) currently has market cap of Rp51.9 trillion, bigger than Adaro Energy (ADRO)’s Rp46.7 trillion, more than twice of Indosat (ISAT). XL Axiata now ranked 14th above Danamon with 35% gain year-to-date. Is XL...
Read MoreIn two years time, SBY has to leave the administration. What has he done in 10 years related to toll road infrastructure development would define his place in the country’s history. He has an effective one more year to lay...
Read MoreOpened lower by 0.32%, composite index of Indonesia Stock Exchange (IDX) bounced back to positive territory Friday, while other markets were still under pressures in Asia. Energy stocks were still under pressure, but some have...
Read MoreBakrie Telecom (BTEL) has just released its first quarter 2012 results. Despite its worsening condition, Bakrie Telecom is one of two companies controlled by Bakrie Group, whose shares remained in positive territory...
Read MoreShould Bank Indonesia issue a new regulation on ownership in banks and it will be applied across the board, we will see the market flooded with banking stocks. Sigit Pramono, chairman of National Banks Association (Perbanas),...
Read MoreFour of five telecommunication companies listed on Indonesia Stock Exchange (IDX) have released their first quarter results. The verdict? Only Telkom (TLKM) reported better bottom line. XL Axiata profit down, Indosat free...
Read MoreBoth Bukit Asam and Adaro Energy reported relatively strong results in the first quarter. Berau Coal and Bayan Resources, on the other hand, reported weaker results. In this report: (1) Bayan Resources, (2) Timah, (3) Harum...
Read MoreFour companies under Sinarmas Forestry Group have released their 2011 results. Pulp and paper manufacturer PT Indah Kiat (INKP) Tbk posted a tiny net profit of US$16 million on US$2.56 billion sales revenues, while Tjiwi Kimia...
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