Kategori: Consumer Goods

Fast Food Indonesia, Tbk (FAST:IJ) has obtained AA credit rating from Pemeringkat Efek Indonesia (Pefindo), with stable outlook. Pefindo explained that this rating reflects strong company’s performance in fried chicken-based fast food restaurant, geographically diversified stores location, and strong financial.

Tiga Pilar Sejahtera, Tbk (AISA:IJ) has confirmed not to pay its coupon due today. In the statement, the management stated that the company’s cash position as of 1H18 is not sufficient to pay its coupon payable from the bonds and.

Nippon Indosari Corpindo, Tbk (ROTI:IJ) has obtained shareholders approval to buyback 10% of its shares. According to the management, the company has 18 months to realize its buyback plan to maximum 618,648,800 shares to stabilize the company’s stock price and to provide flexibility in managing the company’s long-term.

Mandom Indonesia, Tbk (TCID:IJ) has allocated IDR200Bn capital expenditure in 2018, whereas IDR80Bn of which already spent in 1H18. In 2H18, the company plans to launch new product and buy production.

Kino Indonesia, Tbk (KINO:IJ) is targeting 10% YoY revenue and 35% YoY net income in FY18, amounting to IDR3.48Trn and IDR148.9Bn, respectively. The company is planning to implement various strategies in order to meet these targets, some of which are changing their distribution system, personal.

Industri Jamu dan Farmasi Sido Muncul, Tbk (SIDO:IJ) is confident to book 10% YoY sales growth in FY18. To meet this target, the company is planning to launch soft capsule product for Tolak Angin and Tolak Linu that will be launched in September 2018 and to operate new factory with capacity to 200m.

Bank Indonesia (BI) Consumer Confidence Index (IKK) 2Q2018 data released shows an increase. The index rose to 125.2. This, it can be a positive signal for Unilever Indonesia, Tbk (UNVR IJ), along with the company’s target market who are in the middle to low.

Mustika Ratu, Tbk (MRAT:IJ) has booked 5% YoY revenue growth amounting to IDR145.07Bn in 1H18, due to better performance in 2Q18, growing at 10% YoY in 2Q18. Growth in revenue was mainly supported by body care products, such as olive oil, slimming tea, and body splash.

The trend of a weakening rupiah is estimated to be not to affect business activities of Unilever Indonesia, Tbk (UNVR IJ). Just info, the rupiah in the spot market had already rectified 6.12% against the US dollar throughout the year. On Wednesday the trade (11/7), the rupiah weakened 0.13% to as low as.

Unilever Indonesia, Tbk (UNVR IJ) has a strategy to boost their financial performance, i.e. one through divestment. The company decided it would divest business assets on the spreads. Corporate actions include intangible assets such as the sales and distribution of.