Kategori: Basic Industry

JPFA Acquires So Good Food. Japfa Comfeed Indonesia Tbk (JPFA) will soon acquire PT So Good Food and PT So Good Food Manufacturing. This acquisition has the opportunity to bring benefits to JPFA because So Good Food’s performance in the first half of 2020 has started to improve. JPFA and its subsidiary PT Ciomas.

Tjiwi Kimia Sales Decreased 22%. A multinational paper-producing company headquarter in Jakarta, Indonesia. Pabrik Kertas Tjiwi Kimia Tbk (TKIM IJ) record unsatisfactory performance. During the first six months of 2020. Tjiwi Kimia top line and bottom line were erode by up to double.

Indah Kiat Sales Depressed. A multinational paper producing company headquartered in Jakarta, Indonesia. Indah Kiat Pulp & Paper Tbk (INKP IJ) posted a decrease in net sales throughout 1H20. INKP recorded net sales of up to USD 1.48 billion or down 5.75% over the same period the previous.

Poultry Companies Average Selling Price. The 1H20 period was a difficult time for poultry company. This can be seen from the decrease in net profit suffered by the company. Poultry company performance is also predicted to be better in 2H20 after being depressed in the first half of this year due to the impact of.

JPFA Day Old Chick Prospects. A number of market players have lowered the share recommendation from Japfa Comfeed Indonesia Tbk (JPFA IJ) to hold with a target price of IDR 970 per share. This recommendation is adjusted to the reduction in the poultry issuer’s income forecast by 40.6% in 2020 and 18.2% in.

Charoen Pokphand Net Profit IDR 1.65 Trillion. Poultry issuer Charoen Pokphand Indonesia Tbk (CPIN IJ) recorded a net profit of IDR 1.65 trillion in 1H20. Based on the financial report, the company posted a net profit per share of IDR 1.65 trillion, down from last year’s IDR 1.72.

As well as Indocement refuse derived Fuel project. In the midst of the condition of the cement industry which is experiencing over supply. Indocement Tunggal Prakarsa Tbk (INTP IJ) still posted bottomline performance growth. Semen Tiga Roda producer listed a net profit of IDR 400.43 billion, up 0.87% YoY. Nevertheless, INTP recorded a decline in.

Semen Indonesia Sales Projection. During the 1Q20, Semen Indonesia Tbk (SMGR IJ) was able to record excellent performance. The SOE issuer sales volume reached 7.9 million tons, an increase of 4.7% compared to 1Q19. Launching data from the Indonesian Cement Association (ASI), as of March 2020 SMGR also solidified its position as top leader with.

Biography: Lukman Hakim. Next month, even a year Lukman Hakim will be the Director of Panca Budi Idaman Tbk (PBID IJ). It took him 13 years to sit on the Board of Directors level since joining the Panca Budi Group in.

As well as, Basic Industry Sector Performance. Throughout 2020, the Jakarta Composite Index (JCI) slumped 31.25% to 4,330.67 per Wednesday (18/3). Moreover, Basic industry and chemicals became the sectoral index with the deepest decline, namely 43.53% YtD. The index was filled by issuers engaged in the cement industry, poultry farms, pulp and paper, ceramics, porcelain,.