Search result for: "Astra International"

Wintermar Offshore Marine, Tbk (WINS IJ) indicated that its 2011 earnings will be slightly below its initial target of ~IDR140bn, owing mainly to a hefty USD loan obtained at an unfavorable rate of USD/IDR8,500. At the current ~USD/IDR9,000 rate level, the resultant forex loss will adversely affect its 2011 earnings. That said, we still expect.

We believe TURI is a direct beneficiary of Indonesian automotive sector growth because of its main double business engines: 1) Its position as the second biggest Astra brands dealer with significant market share and close relationship with Astra International and 2) Having 49% ownership in Tunas Mandiri Finance which is backed by strong presence of.

Indo Tambangraya Megah Interim Dividends Schedule. The shareholders of PT Indo Tambangraya Megah Tbk (ITMG) will benefit. This is because the issuer engaged in the coal mining sector will distribute interim dividends for the 2020 financial year worth IDR 307 per share. Citing the disclosure of.

Garuda Indonesia New Route. Indonesia’s national airline. PT Garuda Indonesia (Persero) Tbk opens 11 new domestic flight routes. The new route has been open since August 15, 2020. President Director of Garuda Indonesia. Irfan Setiaputra, said that the opening of the new route aims to meet passenger.

Wijaya Karya Profit IDR 324.75 Billion. One of the construction companies own by the Indonesian Government. Wijaya Karya Tbk (WIKA IJ) post a net profit of Rp 324.75 billion in the first semester of 2020. This record was support by WIKA sales of Rp. 7.13 trillion, the majority of which was contribute by infrastructure and.

IndiHome Encourages Telekomunikasi Indonesia Revenue. Telekomunikasi Indonesia (Persero) Tbk (TLKM IJ) posted revenues of IDR 135.57 trillion in 2019. This amount increased by 3.7% compared to revenues in 2018 which amounted to IDR 130.78 trillion. TLKM also recorded an increase in earnings before interest, taxes, depreciation, and amortization (EBITDA) of 9.5% YoY to IDR 64.83.

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

Nusantara Properti Indonesia on MSCI Index. MSCI Inc. announced the latest list of shares that are members of the MSCI Small Cap Indonesia Index. In addition to including six shares that were downgraded from the MSCI Global Indonesia Index, the company also included four completely new.

Automotive Industry Cash Flow. The impact of the Coronavirus COVID-19 global pandemic on the automotive sector is very serious. A number of brand holder agents (APM) stop operations and reduced production.

SOEs Implements Social Distancing Coronavirus. Various State Owned Enterprises (SOEs) that have business related to public service began to implement social distancing in anticipation of the spread of Coronavirus.