Media Nusantara Citra, MSKY & Weaker Q4

Shares of Media Nusantara Citra (MNCN), controlled by Hary Tanoesoedibjo, gained 2% Tuesday (Mar 31), despite weaker performance in the last quarter of 2014, when its sales revenues declined 8.6%, while net profit dropped by 11.3%. MNCN posted net profit of Rp1.76...
Mitra Keluarga Hospital: Rp15 Billion per Bed?

Mitra Keluarga Hospital: Rp15 Billion per Bed?

Mitra Keluarga (MIKA) Hospital booked net profit of Rp517 billion last year, an increase of almost 30% from 2013. The hospital’s net sales revenue grew 11.7% to Rp1.95 trillion, lower than Siloam Hospital’s 33.4% growth. Mitra Keluarga reported net profit...

Charoen Pokphand & Weaker Fourth Quarter

Shares of Charoen Pokphand (CPIN), largest feed producer in Indonesia, inched up 0.72% Tuesday (Mar 31) despite weaker performance of the Company in the fourth quarter of 2014.  CPIN reported sales revenue growth of 13.6% to Rp29.15 trillion last year, but grew only...
Beers, a Part of Modern Lifestyle

Beers, a Part of Modern Lifestyle

The Indonesia Stock Exchange has two listed breweries, i.e., PT Multi Bintang Indonesia (IDX: MLBI) and also PT Delta Djakarta Tbk (IDX:DLTA). DLTA is the producer of Anker Bir, Anker Stout, San Mig Light, Carlsberg, San Miguel Pale Pilsen and also Kuda Putih. MLBI is...

Indosat vs Peers

Indosat (ISAT), second largest telco operator by total revenues, posted net loss of Rp1.99 trillion last year. While it is lower by 28.6% from 2013, the losses weakened the Company’s balance sheet significantly. Indosat’s losses were twice of XL Axiata, which acquired...

Kalbe Farma: Too Pricey?

PT Kalbe Farma (KLBF) Tbk booked net profit of Rp2.07 trillion last year, grew 7.3% only from 2013, while sales revenues increased 8.5% to Rp17.4 trillion. The largest pharmaceutical player on Indonesia Stock Exchange (IDX) is now valued 8.8 x equity and traded with...
Healthcare Industry: Rp1 Billion per Bed

Healthcare Industry: Rp1 Billion per Bed

Hype on Mitra Keluarga (MIKA) continues to make the hospital network valued more than twice of Siloam Hospital (SILO). Sarana Meditama Metropolitan (SAME), operator of Omni Hospital, meanwhile, is now valued almost 20 times equity. Siloam reported a strong 33.4%...

Twitter Indonesia

On Thursday (March 26), Twitter Inc. opened its representative office in Jakarta. The CEO of Twitter Dick Costolo himself came to officiate the opening. While here, Costolo met with Vice President Jusuf Kalla, Vice Presidential Head of Expert Staff Sofjan Wanandi,...

Consumer Industry: White vs Sweet Bread

PT Nippon Indosari (ROTI) Tbk, producer of the famous Sari Roti bread, booked net profit of Rp188.6 billion last year, an increase of 19.3% from 2013, thanks to strong sales revenue growth. The Company’s financial statement might have shown us changing lifestyle...
East Nusa Tenggara Tourism: Hotels

East Nusa Tenggara Tourism: Hotels

The growth of the tourism industry in East Nusa Tenggara is long overdue. The province is perfect for sightseeings, with plentiful of breathtaking landscapes. The news of increasing volumes of visitation is a welcome development. More and more hotels were built, and...
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