Asia Kapitalindo & Bakrie action
Brokerage firm PT Asia Kapitalindo Securities Tbk or AKSI (literally means “action”) has just published its 2008 financial results with net profit of Rp0.6 billion, dropped 93% from 2007. That’s not the...
Read MoreAuthor: yosefardi.com
2008 Results: Mandom, BAT & Bentoel
Consumer goods producer PT Mandom Indonesia Tbk reported net profit of Rp114.8 billion last year, inched up by 3.2% despite strong sales growth. Meanwhile, cigarette producer PT BAT Indonesia Tbk reported net loss of Rp86.6...
Read MoreKeppel Land: Further Divestment of Indonesian Assets
Keppel Land Ltd is one of the largest property developers in Southeast Asia with total equity of S$6.8 billion. Unfortunately that the company’s market capitalization is only S$5.45 billion or about Rp48 trillion. In the first half of 2013, Keppel Land booked net profit of S$192 million only, down 18.8% from the corresponding period of 2012. The company has decided to sell all its shareholdings in Jakarta Garden City to Modernland Realty (MDLN). How about other assets?
Read MoreAstra’s performance
PT Astra International (ASII) Tbk booked net profit of Rp9.19 trillion or around US$840 million last year, increased 41% from 2007 on strong revenue growth of 38%. Last year probably one of the most profitable year for Astra...
Read MoreAdira’s profit & motorists
Consumer financing company PT Adira Dinamika Multi Finance (ADMF) Tbk reported net profit of Rp1.02 trillion in 2008, jumped 82.4% from the previous year on unbelievably high interest rate paid by motorists. With earning per...
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