Aug 5, 2015 | Industries, Market, Reviews
Forestry company PT SLJ Global Tbk (SULI) booked net loss of Rp61.8 billion in the first half of 2015, doubled from the corresponding period of 2014, but mostly due to Rp58 billion non-cash loss in foreign exchange translation. The Company’s sales revenue and...
Aug 5, 2015 | Industries, Market
Kawasan Industri Jababeka (KIJA) and Lippo Cikarang (LPCK) reported a drop in land sales during the first half of 2015, while Bekasi Fajar Industrial Estate (BEKS) experienced a 38.6% growth in land sales. BEKS then reported 35% jump in revenue and 8% growth in...
Aug 5, 2015 | Industries, Market, Reviews
Bank Mayapada (MAYA) is among the fastest growing banks in the past two years. Its assets nearly doubled to Rp40 trillion as at June 30, 2014. Shareholders, accordingly, have to inject more capital into the bank controlled by Tahir, known for his close relationship...
Aug 5, 2015 | Industries, Market, News Group
The composite index of the Indonesia Stock Exchange (IDX) ended lower 0.4% at 4781 on Tuesday (August 4), moving between 4772-4806 during day trading. Foreign investors booked net sell of Rp531.8 billion, cutting year-to-date net buy to Rp3.67 trillion. Investors were...
Aug 4, 2015 | Industries, Law
A debt problem resulted with a bankruptcy lawsuit between PT Asuransi Central Asia (ACA) and PT Arpeni Pratama Ocean Line Tbk (APOL). ACA would reportedly file for a cassation after their request for cancelling their peace agreement with APOL was rejected by the panel...
Aug 4, 2015 | Industries, Market, Reviews
PT MNC Sky Vision (MSKY) Tbk, the largest pay-TV operator in Indonesia, suffered from Rp294 billion of losses in the first half of 2015. It is true that big portion was attributable to non-cash foreign exchange losses. But, the Company also reported operating loss,...
Aug 3, 2015 | Industries, Law, Politics
The reconciliation for clean and clear mining permit (IUP CnC) that was carried out since August 2014 ended in June 2015. The Corruption Eradication Commission (KPK) and the Directorate General of Taxation (Ditjen Pajak) was been involved in monitoring the process in...
Aug 3, 2015 | Industries, Market
Some property firms reported a drop in profits for the first half of 2015 period due to growing cost, while Lippo Karawaci reported 15% growth in profit. Alam Sutera suffered drop in sales and expanded foreign exchange loss, while Bumi Serpong Damai’s revenue jumped. ...
Aug 3, 2015 | Industries, News Group
Kalbe Farma (KLBF), the largest healthcare company listed on Indonesia Stock Exchange (IDX) posted 4% growth in net sales, to Rp8.72 trillion in the first half of 2015, from Rp8.38 trillion in the same period of 2014. Net profit attributable to owners increased 7% to...
Aug 2, 2015 | Commodities, Industries, Market
State-owned electricity provider PT Perusahaan Listrik Negara (PLN) booked net loss of Rp10.54 trillion in the first half of 2015 against profit of Rp14.5 trillion in the corresponding period of 2014. This, however, was attributable to Rp16.94 trillion of non-cash...
