Bank BNI Allocates IDR300Bn to Acquire of Asset Management
PT Bank Negara Indonesia, Tbk (BBNI IJ) is allocating fund up to IDR300bn, amidst its plan to acquisition of asset management to become its subsidiary. Currently, Bank BNI is already have PT BNI Asset Management which is subsidiary of PT BNI Sekuritas. Bank BNI is also planning to acquisition some companies in corporate financing, venture.
Read More...Timah’s Exploration Cost Rise 53% in September 2017
PT Timah (Persero), Tbk (TINS IJ), operates tin mines on Indonesian islands such as Bangka and Karimun, and coastal areas of Sumatra, reported its Bangka and Belitung exploration cost worth IDR135.6bn until September 2017, or 5% higher than same period 2016 worth IDR88.25bn. Those cost consist of operational cost and cost of investment worth IDR92bn.
Read More...FSRU Project will Support Humpus Intermoda’s Revenue
The involvement of PT Humpuss Intermoda Transportasi, TBK (HITS IJ) in development consortium LNG Floating Storage and Regasification Unit (FSRU), will support its revenue for next 25 years. The consortium aims to supply IPP (independent power producer) needs PLTGU (Java 1 and Tambak Lorok). For the record, Humpuss portion reaches 25% of the total.
Read More...Semen Indonesia’s Sales Increase 6% in September
PT Semen Indonesia (Persero), Tbk (SMGR IJ) reported its September’s sales reached 2.63 million tonnes, or 6.3% higher than same period 2016 as much as 2.48 million tonnes. During September 2017, company’s domestic and export sales 2.51 million tonnes and 125,890 tonnes respectively. While in September 2016, as much as 2.42 million tonnes and 60,499.
Read More...Semen Baturaja’s September Sales Increase 11.1%
PT Semen Baturaja (Persero), Tbk (SMBR IJ) reported its September cement sales as much as 180,015 tonnes, or increase 11.1% compare to September 2016. We see cement consumption increased, and expected continue until the end of year 2017. For the record, infrastructure project support September mixed cement’s sales become 45,640 tonnes or increase 19% compare.
Read More...BFI Finance Realized its 79% Financing Target
PT BFI Finance, Tbk (BFIN IJ) has financing IDR10.3trn during 9M2017, or 79% from 2017’s financing target total. For the record, the largest contribution still came from used car segment reached 71%, followed by motorcycle and new car segment 13% respectively, and the rest came from property segment 3%. For the record, company’s targeting its.
Read More...Humpus Maintains its Cost of Good Sold
PT Humpus Intermoda Transportasi, Tbk (HITS IJ), a company shipping transportation, is successfully maintained its cost of good sold (COGS) became USD20.27mn, or 58.22% of the revenue. The percentage lower than same period last year at level 70.89% of the revenue USD29.94mn. Meanwhile, company is also reported its profit increase 225.9% to USD5.20mn during.
Read More...Bank BNI’s Loan Reach IDR421.40Trn in 3Q2017
PT Bank Negara Indonesia (Persero), Tbk (BBNI IJ), is successfully reported its loan up to IDR421.40trn during 3Q2017, distributed to third parties and related parties worth IDR339.25trn and IDR82.15trn.
Read More...Bank Muamalat’s Acquisition by PADI Reached Final Stage
PT Minna Padi Investama Sekuritas, Tbk (PADI IJ) and PT Bank Muamalat have annouced it will enter a conditional takeover agreement, since Minna Padi became a standby buyer through Pre-emptive Rights scheme or a right issue. For the record, after this corporate action, Minna Padi will have Bank Muamalat’s shares up to 51%, or equivalent.
Read More...Multi Bintang’s Non Alcoholic Sales Worth IDR175.29Bn
PT Multi Bintang Indonesia, Tbk (MLBI IJ) through PT Tirta Prima Indonesia, reported its non-alcoholic drinks sales worth IDR175.29bn during 1H2017, or slightly lower than same period 2016 worth IDR197.81bn. Tirta Prima’s non-alcoholic contributed 11.6% of Multi Bintang’s total net sales worth IDR1,509trn in.
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