Aug 2, 2015 | Industries, Market, Reviews
PT SmartFren Telecom (FREN) Tbk, CDMA-based operator, booked net loss of Rp815 billion in the first half of 2015, increased by 24.7% from the corresponding period of 2014. This Company continued to absorb Sinarmas Group’s funds, and probably more going forward....
Aug 2, 2015 | Industries, Market, Reviews
Shrimp producer PT Central Proteinprima (CPRO) Tbk booked net loss of Rp307.8 billion in the first half of 2015, almost tripled from the corresponding period of 2014. Most of the losses, however, were attributable to the non-cash losses in foreign exchange...
Aug 1, 2015 | Industries, Market, Reviews
PT Media Nusantara Citra (MNCN) Tbk, parent company of RCTI and Global TV, reported net profit of Rp696 billion in the first half, dropped 28.4% from the corresponding period of 2014, but mainly due to loss in foreign exchange translation. Revenues slowed down in the...
Aug 1, 2015 | Industries, Market, Reviews
PT Telekomunikasi Indonesia (TLKM) Tbk, the largest telco operator, booked net profit of Rp7.45 trillion in the first half of 2015, inched up 2.2% from the corresponding period of 2014 due to weaker margins in the second quarter. Lower equity, however, lifted its...
Jul 31, 2015 | Industries, Market
Pretty much as predicted falling crude oil prices continued to help petrochemical giant PT Chandra Asri Petrochemical Tbk (TPIA) Tbk in the second quarter. The Company posted net profit of US$30.3 million in the first half, almost five times it booked in the...
Jul 31, 2015 | Industries, Market
Gudang Garam (GGRM), considered second largest in the cigarette market behind HM Sampoerna (HMSP), reported sales revenue growth of 1.7% in the first half, which reflecting slower growth in the second quarter. The Company, however, posted higher gross profit margins...
Jul 31, 2015 | Industries, Politics
Since the launch of the One Million Homes program, a multi-year program to provide proper homes for low-income families, the Ministry of Public Works and Public Housing (Kemen-PUPR) have continued to work on all the elements required for this program to run properly....
Jul 31, 2015 | Industries
PT Bank Rakyat Indonesia Tbk (BBRI) booked net profit after tax of Rp11.95 trillion in the first half of 2015; a 2.2% growth year on year, as interest costs and provision increased, reflected on lower net interest margin and higher non performing loan (NPL)....
Jul 31, 2015 | Industries, Market
Indofood CBP Sukses Makmur (ICBP), producer of instant noodle, and Ramayana Lestari (RALS), operator of retail outlets, might be among companies telling better stories about impact of financial crisis to the low-income group of the society. ICBP reported 6.6% growth...
Jul 31, 2015 | Industries, Market
State-owned cement producer Semen Indonesia (SMGR) used to have bigger market capitalization than Indocement Tunggal Prakarsa (INTP). At the moment, however, Indocement is worth US$1.1 billion more than SMGR. Why? SMGR lost its value almost 39% year-to-date, while...
