Feb 27, 2009 | News Group, Profiles
PT Astra International (ASII) Tbk booked net profit of Rp9.19 trillion or around US$840 million last year, increased 41% from 2007 on strong revenue growth of 38%. Last year probably one of the most profitable year for Astra thanks to commodities and automotive sales....
Feb 14, 2009 | News Group, Profiles
Consumer financing company PT Adira Dinamika Multi Finance (ADMF) Tbk reported net profit of Rp1.02 trillion in 2008, jumped 82.4% from the previous year on unbelievably high interest rate paid by motorists. With earning per share of Rp1020 last year, ADMF is...
Feb 4, 2009 | News Group, Profiles
PT Adaro Energy (ADRO) Tbk is currently twice the size of PT Bumi Resources (BUMI) Tbk in terms of market capitalization. ADRO announced its 2008 operation activities where coal production increased 7% to 38.5 million tons while sales increased 9% to 41.1 million...
Jan 20, 2009 | News Group, Profiles
Remember the tragic death of Boedyharto Angsono? Looks like the family has left the tragedy behind. Asaba Group, controlled by Angsono family, has expanded its business significantly in recent years. Established in 1962 as stationary products distributor, Asaba Group...
Jun 22, 2008 | News Group, Profiles
Argo Manunggal is a diversified business group with five major divisions: textile, steel, property, rubber, and non-core. The group once had 61 companies, of which 22 of them defaulted loans to banks. What’s happened since the crisis? The group was listed as...
May 28, 2008 | News Group, Profiles
This is another ’victim’ of commodity and mining hype. PT Asia Grain International (ASIA) Tbk decided to leave grain processing business and transformed into mining business. ASIA told IDX today that the company will consolidating PT Tekonindo, but the scheme has yet...
May 25, 2008 | News Group, Profiles
One thing we should give two thumbs up to Kalla Family is their transparency. The family explains its business through the world wide web, even though not all of them, just like others. This time, let’s take an intimate look at Intim Group. As we reported earlier...
May 16, 2008 | News Group, Profiles
Asam Jawa Group is among the major players in palm oil plantation business. Who are the shareholders? Relationship with the military? Asam Jawa Group operates plantations in North Sumatra, Riau, and Central Kalimantan. Low-profile, this group rarely made headlines,...
