Category Archives: Market and Commercial

Ratu Prabu Aims Rp 551 Billion Revenue in 2013, Up 25%

PT Ratu Prabu Energy Tbk (ARTI) is optimistic handful net income of Rp 551.85 billion at the end of 2013. Revenues, up 25% from the previous period amounting to Rp 449.48 billion. Director of Ratu Prabu Energy, Gemilang Zaharin explained from the increase in net income of Rp 112.37 billion in 2013, the majority of […]

Sinar Mas Profit Drops 39.8 Percent

Net income PT. Sinar Mas Agro Resources and Technology Tbk. (SMART) tumbled 39.8 percent during the first half of this year, or Rp 795.42 billion from Rp 1.11 trillion. Based on the company’s disclosure to the Indonesia Stock Exchange, Thursday, August 1, 2013, which can diatrirbusikan profit to equity holders of the parent decreased due […]

Farmers Sugar Price Dropped

Semarang, – farm gate price of sugar in Central Java back drop. Currently the price to Rp 9,470 per kilogram from Rp 10,050 per kilogram. Chairman of the Council Indonesian Sugarcane Plantation Association (APTRI) Java Sukadi Wibisono said sugar prices have tumbled since two months ago. Drop in sugar prices due to transport cut sugar […]

Western Digital Gets USD 3.8 Billion

Western Digital (WD) reported financial results for the second fiscal quarter ended March 29, 2013. For income, WD earned $ 3.8 billion, up from winning the USD 3 billion in the same quarter last year. But for the profit side, the digital storage media maker earned less than satisfactory results. WD’s net profit stood at […]

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 […]

Kalbe Farma Record Net Income Rp924 Billion

PT Kalbe Farma Tbk (KLBF) recorded a net profit of Rp924, 150 billion during the first half of 2013. The net income growth from the previous year amounting to Rp807, 832 billion. Quoted from financial reports, on Wednesday (07/31/2013), basic earnings per share of pharmaceutical and healthcare products company that was increased to Rp20 per […]

Semester 1, Gas receipts Reaches 18.7 Billion U.S. Dollars

JAKARTA – State revenue from the management of the oil and gas industry-upstream (oil) in the first half of this year reached 18.7 billion U.S. dollars, or higher than the target of 18.4 billion U.S. dollars. Meanwhile, oil production per day has reached 99 percent, or an average of 831 118 barrels per day from […]

PT Intiland Record 70 Percent Increase in Net Income

Intiland Development (Intiland) recorded an increase in its net profit by 74.85 percent to Rp140, 48 billion compared to the previous acquisition valued at Rp80, 18 billion. The increase also followed the company’s operating profit also increased by 76.17 percent to Rp250, 62 billion compared to the previous. Director of Investments and Capital Management Intiland […]

Gudang Garam Breathe profit of Rp 2.2 trillion, 4% Slightly

PT Gudang Garam Tbk (GGRM) posted a profit of Rp 2.2 trillion in the first half of 2013, edged up 4.7% from the same period last year to Rp 2.1 trillion. As quoted from the company’s financial statements, on Thursday (01/08/2013), Gudang Garam revenue reached Rp 26.63 trillion in the first half of 2013, higher […]

BlackBerry Sales Sluggish, Profit Drops 39% Erajaya

Erajaya Swasembada Tbk PT (ERAA) recorded a 38.9% decline in net income to Rp 129.8 billion in the first half of 2013 compared to the same period last year of Rp 212.4 billion. Profit fell because of sluggish sales of the BlackBerry which started early this year. BlackBerry sales that have accounted for the largest […]