Mar 24, 2015 | Industries, Market
Shares of SLJ Global (SULI), controlled by the families of Soenarko and Sampoerna, gained further by 13.5% Tuesday morning after surging 48% Monday. Some bet on the Company’s better future after reporting stronger bottomline last year. After years of losses and...
Mar 24, 2015 | Industries, Market, Reviews
Anhui Conch is one of the world’s largest cement producer. Last year, the Company produced 219 million tons of cement, nearly three times of Indonesia’s total capacity. In Indonesia, Anhui Conch has only operated around 1 million tons of clinker production line in...
Mar 23, 2015 | Industries, Market, Reviews
Shares of textile giant PT Sri Rejeki Isman (SRIL) Tbk, otherwise popular as Sritex, advanced 3.72% this morning as investors responded positively the Company’s performance last year. The stock was heavily traded with almost half a billion shares exchanged hands...
Mar 23, 2015 | Industries, Politics
Shareholders of Bank Rakyat Indonesia (BBRI)—the second largest bank in Indonesia by total assets—have appointed new commissioners and directors. Some of them are interestingly linked to political parties from both the Great Indonesia ruling coalition (KIH) and the...
Mar 23, 2015 | Industries, Market, Reviews
PT Chandra Asri Petrochemical (TPIA) Tbk, Indonesia’s largest petrochemical company controlled by Barito Group (Prajogo Pangestu) and Siam Cement Group, booked net profit of US$18 million last year, jumped by 86% from 2013. Still, this represented net profit...
Mar 23, 2015 | Industries
One President Joko “Jokowi” Widodo’s main policy agenda is reaching food-self sufficiency by 2018. The government is set to focus on increasing the production of rice, soybean, corn, sugar and also meat. This is the reason behind the 15.8 trillion rupiah budget for...
Mar 22, 2015 | Industries, Market
Those pay special attention to Indonesian consumer industry might find interesting some facts and figures from financial statement of Indofood CBP Sukses Makmur (ICBP), the consumer branded products’ unit of Indofood Sukses Makmur (INDF), which posted net profit...
Mar 20, 2015 | Industries, Market, Reviews
Shares of flag carrier Garuda Indonesia (GIAA) ended lower by 3.85% to Rp500 Friday (March 20) as investors responded negatively the airline’s performance. Unlike other airlines in the region, Garuda Indonesia reported significantly weaker performance in the...
Mar 20, 2015 | Industries, Market, Reviews
The largest cigarette producer PT HM Sampoerna (HMSP) Tbk, controlled by Philip Morris International Inc, reported 5.9% decline in net profit last year. But, none would complain because HMSP generated net profit of Rp10.18 trillion, representing a return on equity of...
Mar 20, 2015 | Industries, Market, Reviews
Like other groups, subsidiary PT Indofood CBP Sukses Makmur (ICBP) currently has market capitalisation significantly bigger than parent company PT Indofood Sukses Makmur (INDF) Tbk. The gap, however, might be just too big, at least from their performance last year. If...
