Bank BNI Syariah recorded IDR202.9Bn in net profit 1H18 (+23% YoY) supported by credit expansion and increasing fee based income, management stated. Financing to grow by 11.4% YoY to IDR25.1Trn in 1H18, dominated by consumer financing that contributes to IDR12.9Trn. Bank BNI Disburses USD100Mn to Cascade Pacific Pulp Bank BNI’s Deposit Growth Slow Bank BNI’s.
Read More...MD Pictures, Tbk (FILM:IJ) is going public by issuing 1.3Bn shares with IDR210/share of Initial Public Offering (IPO) offering price. Currently, it is still in book building period with target listing on 7 August 2018. The proceed will be used for working capital and to produce more movies. MD Pictures to Receive IDR416Bn Funds from.
Read More...Waskita Karya, Tbk (WSKT:IJ) plans to cut its revenue, net profit, and new contracts target by 10% from its previous target in FY18 due to delay in several investment projects in toll road. The company also stated about several of its toll road that are starting to operate in 2H18 that can not book profit.
Read More...Hero Supermarket, Tbk (HERO:IJ) booked IDR6.85Trn revenue (-1.11% YoY) in 1H18, compared to 1H17 revenue of IDR6.92Trn. Its gross profit slightly rose to IDR1.82Trn (+0.10% YoY). Meanwhile, its 1H18 profit recorded at IDR34.29Bn (-51.95% YoY). Hero Launches Giant Mart, a Minimart Segment Watson’s New Concept to Fulfill Market Needs Mitra Adiperkasa Sold its Stake in.
Read More...Sawit Sumbermas, Tbk (SSMS:IJ) recorded 763,212 tonnes of fresh fruit bunch (FFB) production in 1H18 (+25.2% YoY) compared to 607,106 tonnes in 1H17. Crude palm oil (CPO) production also increase to 212.007 tonnes in 1H18 (+25.5% YoY) from 168,882 tonnes in 1H17. The company targets to reach 243,808-254,408 tonnes in CPO production for 2H18. Sawit.
Read More...Catur Sentosa Adiprana, Tbk (CSAP:IJ) has officially issued shares through private placement. The company listed its shares at IDR800/share, totaling the company’s listed shares at the Indonesia Stock Exchange (IDX) to 4.45bn shares. Siam Cement to Acquire 29% Catur Sentosa’s Stake Mitra 10 to Enter Eastern Indonesia market Arwana’s Earnings Grow 37.76% in.
Read More...Sido Muncul, Tbk (SIDO:IJ) recorded IDR123Bn in 2Q18 net profit (-27% QoQ, 4% YoY), bringing up its 1H18 net profit to IDR292Bn (+19% YoY), accounting for 49% for FY18 consensus. This is slightly ahead of expectation because its 1H17 net profit only accounting for 46% of its 1H17 figure. Revenue in 2Q18 was recorded at.
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