PTPP Gets Projects Rp 4.5 Trillion in 3 Months

Construction of the state-owned Housing Development Tbk PT (PTPP) in the first quarter -2013 obtain new contracts Rp 4.5 trillion. New contracts coded PTPP has penetrated 23% of the target for the project in 2013, which amounted to Rp 19.7 trillion.

“This acquisition increased 2.5 times compared to the acquisition of new contracts to the same period last year,” said Betty Ariana PTPP Corporate Secretary in a press release on Friday (05/04/2013).

PTPP in this water dragon year targets to carve a net profit of Rp 370 billion, up 20% compared to the previous year’s target. The increase in the net income derived from the business income of 4 fields of construction, property, EPC, and investment.

Major projects which was won PTPP, among other projects JW Marriot Hotel, St Moritz, The Kencana, malls Sun Karawang, M Gold Tower, Uluwatu Hotel, Surabaya Tunjungan Plaza V, Terminal 3 of Soekarno-Hatta Airport, train tracks South Sumatra by PT KAI, and Combined Cycle Power Plant EPC project Tanjung kitbag 120 megawatts (MW).

Bicycle merchant turnover increased

Coming to commemorate the anniversary of independence of the Republic of Indonesia (Independence Day), turnover bike trader in the Market Development Pangkalpinang increased 30 percent, due to increased demand for bicycles.

It is the custom every year to commemorate the anniversary of Independence of the Republic of Indonesia held a parade cycling ornamental, “said A Kim, traders in the Market Development Pangkalpinang bike on Sunday.

He explained that the demand for bicycles of various sizes up to 5 to 8 units a day, when compared to previously only 2 to 3 units a day, even during the day there is nothing to sell at all.

“Currently bike trader turnover reached Rp1 million to R1, 5 million per day, compared to 300 thousand previously only Rp500 thousand per day,” he said.

He said the current demand is dominated by bikes bikes for children and young women, while for men a little less, “he said.

Meanwhile, the price varies depending on the size of the bike and the brand price offered is around Rp500 thousand per unit up to Rp1 million per unit.

According to him, the increasing demand for bicycles is only temporary because after Independence Day typically requests again deserted.

“People prefer to use motorcycles instead of using a bicycle dikayuh, with cycling when our bodies to be healthy and free of pollution,” he said.

Hardi, other bicycle traders said, ahead of the Independence Day bike trader harvest due to increased sales of bicycles so that merchant turnover increased.

“Sales of bicycles on Independence Day is almost every year there is an increase, but after that, sales declined again, because there is still low awareness for cycling,” he said.

“I just hope the bike demands a typical day could continue to rise, so the bike stable income traders,” he hoped.

Gets BRI Rp 5 Billion Profit In 3 Months, Up 18%

PT Bank Rakyat Indonesia Tbk (BBRI) recorded a net profit of Rp 5.01 trillion at the end of March 2013, up 18.76% over the same period in 2012 and Rp 4.22 trillion.

As quoted from the press release, Wednesday (24/04/2013), profit growth is in line with the increase in the BRI loans reached 27.6% on an annual basis. BRI micro loans grew 22.3%, up from last year’s first quarter growth recorded 16.12%.

With this growth rate, the micro segment is the largest contributor BRI loan portfolio, which reached 31.07%. For the record, the contribution of micro-credit in the loan portfolio BRI BRI continues to increase within 5 (five) years.

BRI micro credit growth is not just merely result in an increase in outstanding loans, but also results in an increase in the number of customers. Until the end of March 2013, the number of micro borrowers BRI reached 5.7 million people.

Credit to small and medium-sized business segment, which is the result of a trickle-down corporate segment, grew by 183% over the same period last year.

Raise Martabe Gold Mine Production Target

Martabe Gold Mine revised gold production target for this year to 280,000 ounces from 250,000 ounces in advance only.
“The revised production target after seeing the results of increased production,” said President of G-Resources Martabe Gold Mine, Peter Albert, in Medan on Wednesday.
Ability to increase production above nameplate capacity design shows the efficiency of operational management success since it started trial production July 24, 2012.
“Management continues to be engaged to develop Martabe become one of Asia’s leading gold mines that contribute positively to the stakeholders in the vicinity,” he said.
He explained that the management can reduce operational cost to 510 U.S. dollars per ounce during the quarter due to mining activities and ore treatment plant that has exceeded production targets.
“The results of over 200,000 ounces of gold and nearly one million ounces of silver that have been produced so far beyond expectations,” he said.
Income earned from the sale of G-Resources gold and silver during the second quarter reached 98.5 million U.S. dollars is very encouraging that company.
Associated with increased production and income, then of course the tax increase.
“Martabe Gold Mine has paid dues remain (dead rent) and the UN Semester II in 2013 to the State Treasury 247,911.52 worth of U.S. dollars to an area of ​​1,639 km2 by the Sixth Generation Contract of Work (” CoW “) which was signed in April 1997,” he said.
Besides taxes, there is a royalty to the state for sale 63106.52 ounces (1,963 kg) of gold and 355,233.08 ounces (11,049 kg) of silver valued at 482,298.10 dollars.
Referring to Law 33 of 2004 on Fiscal Balance between the Central Government and Local Government, the percentage share of exploration and exploitation fees fees (royalties) divided by the details of the center section 20 per cent, 16 per cent of the provincial, regency / city producing 32 percent of the district and parts / other city in the province 32 per cent.

PTPN X to Issue Bonds Rp 700 Billion, Supports Business Expansion

Expected this year, PT Nusantara Plantation X (Persero) to issue bonds worth Rp 700 billion. Proceeds from the bond issue will be used to support the company’s expansion.

Preparation of the bond issue amid accelerated. “Using fiscal year 2012 financial statements, we expect bond issuance could take place the first half of this year,” said Finance Director PTPN X Dolly P. Pulungan in Surabaya, on Tuesday (04/09/2013).

The move has also been sanctioned mentioned the Ministry of SOEs. Later, PT Bahana Securities and PT AAA Securities to be implementing the underwriters in the issuance of these bonds.

“We get ratingA + Rating Agency of PT Indonesia (Pefindo.) This illustrates a stable outlook and the company’s performance continues to increase, so we’ll coupon bonds attractive to investors,” said Dolly P Pulungan.

The bond proceeds will be used for working capital replacement refinancing of banks with interest rates that are high enough to sustain the business three sugar mills (PG) in South Sulawesi, which Takalar PG, PG Bone, and PG Caming.

Three sugar mills, said Dolly P Pulungan, now managed by PTPN X corresponding duty of the Ministry of SOEs. With the proceeds of the bonds, the company could obtain cheaper funding costs than bank credit that has been used by the three PG.

“In the future we will be racing performance by improving the farming sector (on-farm) and processing (off-farm), especially with mechanized approach for optimal results,” added Dolly P Pulungan.

Three sugar factories in South Sulawesi, continued Dolly P Pulungan, has been working on a land area of ​​11,000 hectares. In the future, will be developed into 15,000 acres along the expansion.

PTPN X will apply best agricultural practices by providing superior varieties, cultivation methods are effective, and that grade plant processing systems by optimizing engine performance.

Dolly P Pulungan added, in addition to the three PG in South Sulawesi, the bond proceeds will also be devoted to boost the performance of eleven sugar factories owned by the company’s in East Java.

“We are targeting production of 538,000 tons of sugar this year, up from last year’s 494,000 tonnes. We are the market leader in national sugar industry since 2006 and until now has not been deterred,” he said.

Currently, PTPN X has 11 sugar mills in various cities in East Java, three tobacco plantations in Jember (East Java) and Klaten (Central Java), a subsidiary of the production of plastics, a subsidiary of the field of health care services, and investments in manufacturers edamame export oriented. In addition, the company was also tasked by the Ministry of SOEs to manage three PG in South Sulawesi who previously managed another state.

In addition to proceeds from the issuance of bonds, it also set up internal cash to sustain performance improvement. “We will improve the quality of the sugar with the purchase of five tools smoothing juice worth USD 25 billion, which is used to smooth juice with the ultimate goal of improving the efficiency of purification. If the quality of the sugar increases, automatic selling price of the auction will be increased. This is consequential to increase revenue,” he explained.

In 2012, PTPN X posted a pretax profit of Rp 506 billion, an increase of 140 percent compared to the achievements of 2011 amounting to Rp 210 billion.

Bakrie and Brothers Record Rp 8.3 Billion Profit, sales drop 96%

PT Bakrie & Brothers Tbk (Bakrie) recorded a profit of Rp 8.36 billion in the first half of 2013, this profit plunged 96% compared to the same period last year of Rp 214.35 billion. The company’s revenue in the same period also fell.

Bakrie Group revenue was recorded Rp 1.95 trillion, down from the acquisition of the first half of 2012 which reached Rp 11.39 trillion.

“It is down when compared to the first half of 2012 revenue gains. This is due to the deconsolidation of our subsidiaries, namely Bakrie Petroleum International Pte. Ltd.. and Subsidiaries, “said President Director of Bakrie and Brothers Bobby Gafur in a press release on Wednesday (07/31/2013).

While the Company’s profit attributable to the parent entity, in the same period also fell from Rp 61.23 billion to Rp 4.86 billion.

“This solid base we believe will further solidify BNBR performance in the future. We will continue to try to push spending and increase business efficiency, “said Bobby.

Bobby explained, during the first six months of 2013, the management company of Bakrie & Brothers has been pressing burden significantly, interest expense and finance in particular through the reduction of the debt portion.

Therefore the Company’s interest expense and finance fell by 78% or Rp 603 billion from Rp 775.79 billion in the first half of 2012, to just stay Rp. 172.78 billion at the end of the first half of this 2013.

Bank Profit Up 26%, Reaches Rp 4.3 Trillion

PT Bank Mandiri (Persero) Tbk managed to earn net profit of Rp 4.3 trillion in the first quarter of 2013. The net profit, up 26.4% from the same period in 2012.

Bank Mandiri president director Budi Gunadi Sadikin said, this positive performance, backed by the credit of Rp 392 trillion through the first quarter, growing 19.7% from the previous period amounted to 327.2 billion.

“Our achievement today is a welcome development. Bank lending, especially to the micro segment, which continues to show improvement, is a realization of our commitment to improve public access in various parts of Indonesia to finance productive,” said Budi time exposure Quarter Financial Statements 2013 in the Plaza Bank Mandiri Jakarta, Monday (04/29/2013).

Budi explained, loan growth occurred in all business segments, particularly in the sector of micro, small and medium enterprises. At the micro segment increased lending by 58.1% from Rp 13.1 trillion to Rp 20.7 trillion in the first quarter of 2013.

“This is in line with the credit growth, the number of micro credit customers also increased from 208.5 thousand to over 327 thousand customers. Meanwhile, credit to the segment of micro, small and medium enterprises (SMEs) grew 46.6% to Rp 55, 6 trillion, “he added.

Mandiri also noted, raising funds from a third party which reached Rp 467 trillion, up from the previous period are valued at Rp 404 trillion. Of these, low-cost funds such as checking and savings amounted to Rp 290 trillion, up 18.7% from the previous position of Rp 244 trillion. Mandiri also had total assets of Rp 641 trillion, up 17.1% over the same period last year. As for the ratio of non-performing loans (NPL) net Mandiri, remained low at the level of 0.57%.

Only Slightly Up 2%, Profit Sampoerna Rp 5 trillion

PT HM Sampoerna Tbk (HMSP) reported a net profit of Rp 5.01 trillion in the semester 1-2013, higher than the Rp 4.88 trillion in the first half of 2012. Profits rose thanks to the company’s turnover also grew.

Revenues or net sales reached Rp 36.2 trillion in the first half of 2013, up from Rp 31.89 trillion in the same period in 2012.

“Sampoerna show high sales volume growth, driven by the performance of the segment of low-tar low-nicotine. SKT segment is still performing well as evidenced by our investment in the new plant in Jember, “said President Director of Sampoerna Paul Janelle in a press release on Thursday (01/08/2013).

Sampoerna record market share of 36.1% in the second quarter of 2013, up 0.9 points from the same period in 2012.

In the first half of this year, Sampoerna has donated taxes (including excise tobacco products) amounted to Rp 20.9 trillion, up 14.9%, from Rp 18.2 trillion in the same period in 2012.

Astra International Records Profit Rp 8, 8 Trillion

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.
“The performance of the company and its subsidiaries in the first semester of 2013 mennjukan a slight decrease from the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.
He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.
He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.
Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.
Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.

Telkomsel Gets Profit Rp 15.7 trillion and 125 Million Subscribers

Mobile operator Telkomsel recorded a net profit of Rp 15.7 trillion in 2012, growing 22% over the previous year with the growth of 17% to 125 million.

It is delivered in the General Meeting of Shareholders (AGM) held recently at the Head Office and attended by the Board of Commissioners Telkomsel Telkomsel.

Noted, all aspects of double-digit growth and exceeded the average Indonesian telecommunications industry, with revenue growth of 12% to Rp 54.5 trillion, including EBITDA in 2012 were also increased to Rp 30.6 trillion, or 11%.

Telkomsel continued positive growth is believed to be a strong foundation to face competition in the telecommunications industry in 2013, is getting tougher by doing a variety of groundbreaking products and services.

“The high confidence to Telkomsel subscribers increasingly cemented as a market leader by the number of subscribers reached 125 million and a 55% market share of the three largest mobile operators in Indonesia,” said Original Brahmin, Corporate Secretary of Telkomsel, Tuesday (04/16/2013).

With 125 million subscribers, Telkomsel is arguably the operator by the number of customers in the world’s sixth largest.

Subsidiary of Telkom also conduct a variety of innovations beyond telco and mobile services and digital data-based businesses, such as by supporting less cash society such as T-Cash and creative industries such as mobile applications and Value Added Services (VAS) other.

Throughout the 2012 SingTel has deployed more than 11,675 3G base stations to fulfill the number of Vodacom 3G base stations to 15 thousand units. Vodacom currently has a total of approximately 54 297 base stations throughout Indonesia.

“Telkomsel has consistently implementing technology roadmap of 3G, HSDPA, HSPA +, as well as being the first operator in Indonesia which successfully tested the service Long Term Evolution (LTE),” First said.

Telkomsel will trust the quality of service has received recognition both nationally and internationally with a number of awards to more than 100 within a period of 18 years serving Indonesia.