Up turnover, Kalbe Farma Raup Rp 922 Billion Profit

Net income of PT Kalbe Farma Tbk (KLBF) rose 14.2% in the first half of 2013 to Rp 922 billion. The rise in profits was driven significant sales growth.

In line with net income, earnings per share also increased to Rp 20 per share from Rp 17 per share. While net sales grew by 18.9% to Rp 7.421 trillion from Rp 6.244 trillion in the same period in 2012.

“Despite rising inflation, we see the demand for pharmaceutical products, consumer health and nutrition products can last up to the first half of 2013,” said Chief Financial Officer and Corporate Secretary Kalbe Vidjongtius in a press release on Wednesday (31/07/2013).

Gross profit increased by 18.3% to Rp 3,623 billion, in line with sales growth. The ratio of gross profit to sales decreased 0.3% to 48.8% from 49.1% in the first half of last year, among others, due to the impact of the depreciation of Rupiah and change the composition of the business.

“We remain wary of the rupiah and anticipate continued volatility in the short term and their impact on the Company’s margins. Nevertheless, we remain confident of achieving the target this year,” he said.

Prescription Drug Division recorded net sales of Rp 1,887 trillion, up 18.1%, driven mainly by volume growth. Prescription Drug division contributed 25% to total net sales.

Health Division recorded growth of 19% to net sales of Rp 1,194 trillion. Health Division contributed 16% to total sales

Nutrition Division maintains the momentum achieved net sales of USD 1.759 trillion, an increase of 32.1% over the same period in 2012. Nutrition division now contributes 24% to total sales.

Distribution and Logistics division grew 11.6% to reach sales of Rp 2,581 billion. Distribution and Logistics division contributed 35% to total net sales, down from 37% in the first half of 2012.

Industry: Legit sweet Dodoo Buleleng

Traditional lunkhead this one is not a regular lunkhead. Elongated shape wrapped in dried corn leaves are fragrant aroma. Not only is demand-sweet as the dish but also a lot of religious ceremonies was bought as souvenirs.

Not only that Betawi and got lunkhead Garut. Bali also has an icon lunkhead Buleleng famous enough even among guests. Buleleng lunkhead characterized tersediri than on the wrapper also lies in raw materials of manufacture.

Lunkhead Bali or also known as the lunkhead Buleleng has a distinctive taste that sweet sticky and fragrant. The raw material is black rice, coconut milk, and brown sugar. Lunkhead-making process is still quite traditional as done in home-based industries in Buleleng, North Bali is the home city of manufacture.

No wonder if the packaging is very traditional and unique. Each lunkhead wrapped with ‘klobot’ or dried corn leaves. Made slightly elongated shape with both sides tied up using a rope. The smell of dried corn leaves as a wrapper that gives fragrant sensation while enjoying the lunkhead who is solid black.

Another uniqueness, lunkhead Buleleng not packed in boxes or plastic. This lunkhead direnceng so each one lengthwise 10 pieces and hung with raffia. Each renceng sold at Rp 10.000,00. In Bali, Buleleng lunkhead often used as complementary offerings religious ceremonies. Over time this lunkhead much taken by the travelers who come as souvenirs typical of Bali.

This lunkhead can be retained for up to 3 weeks old. Well, if the streets to make sure you buy the resort island of Bali this lunkhead. Besides suitable as a gift because it is distinctive and delicious, reckoning you also have to help preserve traditional cuisine.

OPEC Oil Production Down in June

OPEC oil exporting production declined in June, and its share in global oil supply is expected to fall in the next two years due to rising non-OPEC oil supply in the next few years.
“Total OPEC crude oil production an average of 30.38 million barrels per day in June, a decline of 0.31 million barrels per day compared to the previous month,” Organization of Petroleum Exporting Countries is headquartered in Vienna said in its monthly report on Wednesday.
Statistics show that the decline was driven by a reduction in Libyan production, which production fell 206,000 barrels per day in June, contributing nearly 70 percent of the decline in total production, while Saudi Arabia continues to increase its production in the last two months.
Non-OPEC supply growth is expected to be the most dynamic of crude oil production in 2013 and 2014, is projected to average 53.92 million barrels per day in 2013 and 55.06 million barrels per day in 2014, according to the report.
Strong growth trend from supply-led by U.S. crude oil production, growth should be the highest among the non-OPEC countries in 2013 and 2014, and production is expected to average 11.33 million barrels per day in 2014 in a report .
Due to growth in the supply of non-OPEC crude oil and weak world oil demand, OPEC will likely see lower market share in the world oil market in 2013 and 2014, which is estimated to be 33.8 percent in 2013.

Capital of USD 200 million, Inspector General Joko could profit 14.8 Billion

JAKARTA – The defendant Driving Simulator SIM corruption and money laundering, Inspector General (Police) Djoko Susilo, profit to Rp 14.8 billion from the business that they do with colleagues, Subekti Adianto. Business was built sejak1990, until early 2010.

Armed with a capital of USD 200 million, the money Subekti play with a variety of businesses, such as buying and selling gems, diamonds, foreign exchange, to provide loans to the merchant market. While testifying on Djoko at the Corruption Court in Jakarta, Tuesday (30/7), Subekti stated initial capital in January 1995 amounted to USD 200 million, in 2001 to bring profit to $ 5.8 billion.

In fact, he said, has increased again in 2002 to Rp 8 billion. He said, in 2001, Djoko Susilo was taking Rp 2 billion from the business profits.

However, in 2003, the remaining Rp 6 billion rose again to Rp 7.9 billion. “Then until 2010 to Rp. 14.8 billion,” said Subekti.

Well, said Subekti, in 2011 more money Djoko took advantage of their efforts. “From there it finished,” he said.

Subekti claimed to get the results by 70 percent, while 30 percent Djoko.

Up turnover, Kalbe Farma Gets Rp 922 Billion Profit

Net income of PT Kalbe Farma Tbk (KLBF) rose 14.2% in the first half of 2013 to Rp 922 billion. The rise in profits was driven significant sales growth.

In line with net income, earnings per share also increased to Rp 20 per share from Rp 17 per share. While net sales grew by 18.9% to Rp 7.421 trillion from Rp 6.244 trillion in the same period in 2012.

“Despite rising inflation, we see the demand for pharmaceutical products, consumer health and nutrition products can last up to the first half of 2013,” said Chief Financial Officer and Corporate Secretary Kalbe Vidjongtius in a press release on Wednesday (31/07/2013).

Gross profit increased by 18.3% to Rp 3,623 billion, in line with sales growth. The ratio of gross profit to sales decreased 0.3% to 48.8% from 49.1% in the first half of last year, among others, due to the impact of the depreciation of Rupiah and change the composition of the business.

“We remain wary of the rupiah and anticipate continued volatility in the short term and their impact on the Company’s margins. Nevertheless, we remain confident of achieving the target this year,” he said.

Prescription Drug Division recorded net sales of Rp 1,887 trillion, up 18.1%, driven mainly by volume growth. Prescription Drug division contributed 25% to total net sales.

Health Division recorded growth of 19% to net sales of Rp 1,194 trillion. Health Division contributed 16% to total sales

Nutrition Division maintains the momentum achieved net sales of USD 1.759 trillion, an increase of 32.1% over the same period in 2012. Nutrition division now contributes 24% to total sales.

Distribution and Logistics division grew 11.6% to reach sales of Rp 2,581 billion. Distribution and Logistics division contributed 35% to total net sales, down from 37% in the first half of 2012.

UMP Rise, Profit Astra Thinning 9% So Rp8.8 Trillion

PT Astra International Tbk (ASII) earned a net profit of Rp 8.8 trillion in the first half of 2013, the figure fell 9.2% from the previous year’s profit in the same period amounted to Rp 9.7 trillion.

Astra also slowed turnover, from Rp 95.9 trillion in the first six months of 2012 to Rp 94.3 trillion this year. Earnings per share also decreased by 9% to Rp 218 per share.

“Although the outlook remains positive domestic demand, increased competition in the automobile market, the rise in labor costs (Provincial Minimum Wage / UMP) and the decline in commodity prices expected to affect the performance of the business in the second half of this year,” said President Director of Astra International Prijono Sugiarto in press release the company, on Tuesday (30/7/20130.

Astra Group activities focus on six core business lines, namely Automotive Division, Financial Services, Heavy Equipment and Mining, Agribusiness, Infrastructure and Logistics, and Information Technology with the following details: Automotive Division Automotive Division’s net profit fell by 10% to Rp 4, 4 trillion, consisting of Rp 1.9 trillion from the Company and its subsidiaries, as well as Rp 2.5 trillion from associates and jointly controlled entities in the automotive field.

Throughout the first half of 2013, demand for motor vehicles remains high, supported by rising incomes and loan interest rates are still affordable. However, increased competition due to increased domestic production capacity and the high cost of labor has led to decrease in net income contribution from the automotive segment.

Regulatory minimum down payment on auto financing imposed sharia financing for companies since January 1, 2013 and the bank on 1 April 2013, had little impact on the first half performance of the Company. Meanwhile, it is still too early to estimate the impact of rising fuel prices that occurred in late June, the automotive sales.

Total national car sales rose 12% to 602,000 units. Astra’s car sales (Toyota, Daihatsu, Isuzu, UD Trucks and Peugeot) increased 6% to 321,000 units, with a market share decreased from 56% to 53%.

In the first half of Astra launch six new models and eight facelift models. Meanwhile, national motorcycle sales rose 6% to 3.9 million units. Honda motorcycle sales output of PT Astra Honda Motor (AHM) rose 12% to 2.4 million units, with an increase in market share from 57% to 60%. In the first half of 2013, PT Astra Honda Motor launched two new models and five facelift models.

PT Astra Otoparts Tbk (AOP), a company in the field of automotive components, which is 80% owned by the Company, recorded a net profit of Rp 519 billion, down 2%, where 71% is the contribution from associates and jointly controlled entities.

Decrease in net income was primarily due to increased labor costs, although there was an increase in sales in the segment of Original Equipment Manufacturer (OEM) replacement parts and export markets. In the second quarter of Astra Otoparts have to issue new shares amounting to Rp 3 trillion to strengthen its capital structure.

Astra International also has sold 15.7% stake in Astra Otoparts to increase liquidity in the stock market, which results in a transaction value of Rp 2.8 trillion. In April, Astra Otoparts acquire 51% stake in PT Pakoakuina, manufacturer of alloy wheels for four-wheeled vehicles and two-wheeler valued at USD 700 billion by taking all new shares issued.

The government has

Ministry of Industry: Industrial Area Outside Java Push Equity

Secretary of the Directorate General for Development zoning Budhi Setyanto Industry Ministry said construction of an industrial area outside Java is important to encourage the growth of the industrial sector of national equity.
“There is no other way to encourage the spread of the industry outside of Java, in addition to developing industrial areas outside Java,” said Budhi Setyanto in a meeting with the Chamber of Commerce and Industry (Kadin) Indonesia, in Jakarta on Wednesday.
He said so far the industrial area on the island of Java is the largest that as many as 55 pieces, 16 pieces while in Sumatra, Sulawesi two, and Kalimantan only one industrial area.
The director this resulted in inequality between the industrial development in Java and outside Java.
“Whereas in the Greater Jakarta area less competitive, so it is necessary the development of regions outside Java,” he said.
He describes the challenges of developing industrial areas outside Java, are also constrained to limited land and limited carrying capacity as water. While outside Java development challenges that inadequate infrastructure, lack of human resources capability, not all districts / cities have good spatial planning, as well as the lack of interest of private investment outside Java.
“Special stimulate the development of industrial areas outside Java, like it or not the government should intervene directly, because to date none of the private sector who want to build an industrial area outside Java,” he said.

Thrift TP PKK, Give Subsidies USD 40.9 million

Face widths, Fueling Team Empowerment and Family Welfare (PKK) Purbalingga held a bazaar. This time it was held in the village of Losari District Apex court over two days, Tuesday – Wednesday (30-31/7).
Chairman PKK Purbalingga, Sudarli Sudjatmoko Heru said the activity is a concern held by the PKK against cheap basic food needs for the community, especially the poor.
“In order to ensure cheap food packages on target, we give coupons to those entitled to purchase,” he said.
Overall, further Sudarli, turnover of sales of goods that are provided for low market activity reached USD 158.475 million. With total subsidies provided by the Department and women’s organizations market participants priced Rp 40.975 million.
Meanwhile, Purbalingga Regent Heru Sudjatmoko, when opening the asking people who have better financial capability, providing opportunities brothers underprivileged citizens, to first utilize the facilities provided cheap groceries.
“That is, give an opportunity to the people who duitnya bit. Allow their first purchase, so that they can be assisted in meeting their needs before Eid,” he said.

Turnover rose ahead of the holiday cookies

The traders claimed pastry turnover could reach 50 percent larger than normal days with many Jakarta residents hunt cookies need for the holiday from mid-Ramadan.

“Lebaran such turnover could rise to 50 percent, the buyer is also getting crowded. Especially in the H-7 and H-3 buyers will get crowded again to hunt cookies or snacks,” said pastry sellers in the Market Lower Dam , Qonita told Reuters on Friday.

The price of each type of cookie range from 20,000 to Rp110.000/kg depending on its type. In addition to the soaring prices of basic commodities, the price of cookies also increased by Rp 4,000 to Rp10.000/kg.

“From the distributor everything has gone up, I have to naikin price the seller also, if you can not lose. However the average buyer does not mind the price goes up because the average need too. If I sell up Rp 4,000 to Rp 10,000,” said Qonita.

However, customers do not mind the prices are up because of cookie cake is considered a mandatory requirement when Eid arrives.

“I still buy despite riding, if there is no cake during Lebaran something was missing. Especially if a lot of you who have been there a light meal,” said Frida, a housewife.

Pastries are also annually has its own trends are much in demand by buyers. Cakes that appear this year include paris rice cake, cendol three flavors of cheese and crackers. Prices are set high enough that Rp110.000/kg.

Pastries like nastar, cheese cake, cake sago, cat’s tongue, and sumpia still the target of the buyers ahead of the holiday. All cakes are also increased to an average price Rp110.000/kg previously sold for Rp100.000/kg.

“I still buy nastar and sumpia every year because many families are like. All prices go up then I reduce the amount of purchases the cake, but the kind propagated,” said Susan, a private employee.