Kategori: Basic Industry

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 2006. Lukman’s career is currently in accordance with what he dreams of. However, that.

PICO Increase Sales Volume. Pelangi Indah Canindo, Tbk (PICO IJ) pursued sales of IDR 800 billion or rose about 10% compared to project sales achievement last year. The target is to be pursued even if the product’s selling price falls due to price shootout among producers. Pelangi Indah Canindo saw trends in the demand for.

TPIA: Capex worth USD 430 Million Build Factory. Chandra Asri Petrochemical, Tbk (TPIA) allocates a capital expenditure (capex) worth USD 430 Million in 2020. The allocation of this capex increase by about 19% compared to the 2019 budget. Director of TPIA Suryandi said, Capex is focus for the development of the factory Chandra Asri Perkasa.

Cement Issuer Performance. The performance of issuers in the cement sector is diverse, with Indocement Tunggal Prakarsa Tbk (INTP) able to record a significant increase in net income. Meanwhile, Semen Baturaja Tbk (SMBR) records a decrease in net profit. For the 9M19 period, the net profit of INTP increase 90% to IDR 1.17 Trillion. In.

GGRP: Steel Domestic Demand Remains High. Gunung Raja Paksi Tbk (GGRP) officially became a public company, Thursday (19/9) then. GGRP aims at net profit of 2020 can reach USD 38.5 Million. This figure rises 48% YoY from this year’s profit target which is set at USD 26 Million. President Director of GGRP, Alouisius Maseimilian dare.

TPIA Remains Expansive. The decline in the average sale price of ethylene and polyethylene, resulted in the performance of Chandra Asri Petrochemical Tbk (TPIA) along 1H19. TPIA’s revenues fell 18.1% to USD 1.05 Billion from USD 1.29 Billion. The edges, net profit of the subsidiary of Barito Pacific Tbk (BRPT), dropped 71.43% to USD 32.92.

GGRP Targets Sales USD 906.64 Million. Gunung Raja Paksi Tbk (GGRP) targets increased steel sales volume this year. Therefore, the company’s revenues will increase. In this year, GGRP hopes to increase steel sales volume by 3.3% to 1.25 million tonnes. With the projected steel price of about USD 724 per tonne, the company’s revenue this.

Chandra Asri Builds New Factory. Chandra Asri Petrochemical, Tbk (TPIA) has recently issued IDR750Bn in bonds with an interest rate of 9.5% p.a. These bonds have been list on the Indonesia Stock Exchange (IDX) on 31 May 2019 ago. President Director of TPIA, Erwin Ciputra said the funds raised from this bond will be used.

Fluctuations in world oil prices is enough to affect the performance of Barito Pacific, Tbk (BRPT IJ). However, analysts rate BRPT still has a bright business prospects this time of year. As a side note, the BRPT successfully recorded a rise in revenues of 25.71% YoY to USD3.08Bn last year, while net profit down 38.98%.

Global uncertainty makes the performance of Chandra Asri Petrochemical, Tbk (TPIA IJ) is depressed. Through the year 2018, TPIA net profits were down 42.9% to USD181.65Mn of the previous year’s USD318.62Mn. Meanwhile, net income grew only 5.16% throughout the year 2018 to USD2.54Bn. President Director of Chandra Asri Petrochemical, Erwin Ciputra, reveals the year 2018.