Nov 2, 2015 | Industries, Market, Reviews
PT Semen Indonesia (SMGR) Tbk, market leader in cement industry, might record another strong monthly sales in October 2015, thanks to acceleration of infrastructure and public housing projects. Agung Wiharto, corporate secretary of SMGR, told us Sunday (Nov 1) that...
Nov 2, 2015 | Industries, Market, News Group, Reviews
State-owned gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) reported 48.2% drop in profit attributable to equity to US$306.32 million for the first nine months to September of 2015, from US$591.8 million profit in the corresponding period of 2014. Revenues...
Nov 1, 2015 | Industries, Market, Reviews
Bread producer PT Nippon Indosari Corporindo (ROTI) Tbk and food processor PT Siantar Top Tbk (STTP) were among best performers in third quarter of 2015. They continued to report double digit growth amidst domestic slowdown. ROTI: In third quarter, ROTI posted 19%...
Nov 1, 2015 | Industries, Market, Reviews
Surya Citra Media (SCMA), parent of SCTV and Indosiar, reported stronger performance in third quarter of 2015 compared to the first half and the same period of 2014. Media Nusantara Citra (MNCN), parent of RCTI, GlobalTV, and MNC TV, meanwhile, posted stronger...
Oct 31, 2015 | Industries, Market, Reviews
Ultrajaya Milk (ULTJ) is among few companies with strong performance in third quarter of 2015 despite slowdown of domestic economy. It continued to post double digit growth, while its net profit skyrocketed 107.7% in the quarter on improved operating margins. As shown...
Oct 31, 2015 | Industries, Market, Reviews
PT SmartFren Telecom (FREN) Tbk, the only survival of CDMA in telecom market, posted net loss of Rp1.34 trillion in nine months of 2015, jumped 42.4% from the corresponding period of 2014 as fundamentals worsened in third quarter of 2015, where its net loss ballooned...
Oct 31, 2015 | Industries, Market, Reviews
ICT retailer Trikomsel Oke (TRIO) booked net loss of Rp324 billion in nine months of 2015 against net profit of Rp196 billion in the corresponding period of 2014 as the Company’s bottomline worsened significantly in the third quarter. Trikomsel recorded almost...
Oct 30, 2015 | Industries, News Group, Politics
Former Minister of National Development Planning Agency (Bappenas) Andrinof Chaniago, who is also one of closest aides of President Joko “Jokowi” Widodo, has confirmed his appointment as the new president commissioner of state-owned Angkasa Pura (AP) I, the airport...
Oct 30, 2015 | Industries, Market, Reviews
State-owned electricity provider PT Perusahaan Listrik Negara (PLN) booked net loss of Rp27.45 trillion in nine months of 2015, but that was mainly attributable to Rp45.7 trillion of non-cash loss on foreign exchange translation. Fundamentals of PLN actually improved...
Oct 30, 2015 | Industries, Market, Reviews
PT Semen Indonesia (SMGR) Tbk, the largest cement producer in Indonesia, posted net profit of Rp3.2 trillion in nine months of 2015 to represent net profit margin of 16.7% (twice of Astra International), down 21.6% from the corresponding period of 2014 on squeezed...
