Jul 30, 2016 | Industries, Market
Blue Bird (BIRD) and Express Transindo (TAXI), two of the largest conventional taxi operators, have released their first half financials. They both suffered from falling sales revenues and squeezed margins. They were hammered more in the second quarter of 2016. We...
Jul 30, 2016 | Industries, Market
Siloam Hospitals (SILO), the largest operator in private sector, yet to release its first half results, but three other operators listed on Indonesia Stock Exchange (IDX) reported strong performance in the period. They enjoyed double digit growth in sales and gross...
Jul 29, 2016 | Industries, Market
Gudang Garam (GGRM), the second largest cigarette producer, booked net profit of Rp2.87 trillion in the first half of 2016, an increase of 19% from the same period of 2015. The company’s performance weakened in the second quarter, pretty much in contrast to HM...
Jul 29, 2016 | Industries, Market
Companies listed on Indonesia Stock Exchange (IDX) have geared up capital expenditures in the first half to reflect their optimism about the economy. Industrial estate developer Kawasan Industri Jababeka (KIJA), for example, spent Rp309 billion cash in the period for...
Jul 29, 2016 | Industries, Market
Paper manufacturer Fajar Surya Wisesa (FASW) is among the best performing stocks with 124% gain year-to-date, supported by its stronger fundamentals. In the first half of 2016, FASW, popular as Fajar Paper, booked net profit of Rp404 billion against net loss of Rp138...
Jul 29, 2016 | Industries, Market
State-owned pharmaceutical company Kimia Farma (KAEF) booked net profit of Rp94 billion in the first half of 2016, increased by 20.9% from the corresponding period of 2015, thanks to stronger performance in the second quarter. Pharmaceutical and consumer goods...
Jul 28, 2016 | Industries, Market
Consumer goods producers continued to reports strong performance in the second quarter of 2016. HM Sampoerna, the largest cigarette producer in the market, for example, posted nearly 15% growth in sales revenue in the quarter against 1.7% only in the first quarter. ...
Jul 27, 2016 | Industries, Market
Telekomunikasi Indonesia (TLKM), the largest telecommunication carrier in Indonesia, booked net profit of Rp9.93 trillion in the first half of 2016, jumped by 33.3% from the corresponding period of 2015, thanks to improved operating margins. Telkom reported...
Jul 27, 2016 | Industries, Market, Reviews
AKR Corporindo (AKRA) booked net profit of Rp586 billion in the first half of 2016, down 3.3% from the corresponding period of 2016. Sales revenue of most of its business units declining, except for the industrial estate segment. The segment’s future, however,...
Jul 27, 2016 | Industries, Market
Unilever Indonesia (UNVR), the largest player in personal and home care market, booked net profit of Rp3.3 trillion in the first half of 2016, grew 12.5% from the corresponding period of 2015, thanks to strong performance in the second quarter. FYI, Unilever Indonesia...
