Nirvana Development’s Revenue Worth IDR183.50Bn
PT Nirvana Development, Tbk (NIRO IJ) reported its revenue worth IDR183.50bn in 1H2017, compared to same period last year IDR120.02bn. Company’s revenue supported by the shop houses IDR21.53bn, rental and services charge IDR143.28bn, and hotel revenue IDR18.68bn. Meanwhile, room revenue IDR11.31bn is the largest contribution for the hotel revenue, followed by food and beverages IDR5.73bn,.
Read More...Chandra Asri’s Net Profit Growth 32%
PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is the largest and most integrated chemical player in Indonesia, reported its net profit USD174.1mn in 1H2017, growth 32% compared to same period last year USD131.8mn. The increase of net profit, supported by company’s revenue which increase to USD1.19bn from USD882.1mn during that.
Read More...PGAS Accommodates 35%’s Gas Production from Lapangan Tiung Biru
PT Perusahaan Gas Negara (Persero), Tbk (PGAS IJ) is ready to accommodate 35% of Gas Production from Jambaran Tiung Biru Field, expected to absorb gas produce up to 50-60 mmscfd (million cubic per day for supply security. For the record, PGAS’s main consideration is the readiness of the gas infrastructure network extending from Gresik to.
Read More...Bank Mandiri’s Deposit Investment is no Longer Profitable
PT Bank Mandiri (Persero), Tbk (BMRI IJ) estimates in the next two years investment in deposits, will no longer be profitable amidst the banking deposit interest rate continues to decline. For the record, Bank Indonesia has lowered its reference rate 7-days repo rate of 25bps to 4.25%, with an inflation rate at.
Read More...Indika Energy Increase its Ownership in Kodeco
PT Indika Energy, Tbk (INDY IJ), a diversified energy companies with operations in coal mining, coal mining contracting, oil and gas EPC contracting, and power plants, plans to increase its ownership in Kideco. Company will buy an additional 40% share from Samtan Co. Ltd, and 5% from Muji Inti Utama totaling.
Read More...PTPP Injects IDR745Bn to Pembangunan Perumahan Energi
PT Pembangunan Perumahan (Persero), Tbk (PTPP IJ), construction services and strategic investments company, injects fund worth IDR745bn to its subsidiary, PT Pembangunan Perumahan Energi (PPE). PPE will used the fund to invest in power plants by establishing a joint venture company PT Meulaboh Power.
Read More...HD Capital Acquires a Mini Hydro Power Plant Worth IDR382.32Bn
PT HD Capital, Tbk (HADE IJ) acquires a mini hydro power plant company named PT Panca Sinergi Perkasa, worth IDR382.32bn. For the record, Panca Sinergi Perkasa produce 75 Megawatt (MW) of electricity, spread in Java, Sumatra, and.
Read More...Mitrabara Successfully Maintained its Cost of Revenue
PT Mitrabara Adiperdana, Tbk (MBAP IJ) reported its revenue worth USD124.66mn in 1H2017, higher than same period last year USD95.39mn. Despite increase its revenue, company’s successfully maintained the cost of good sold, and sales revenue increased significantly from the buyer. Company reported its cost of good sold worth USD61.92mn in 1H2017, relatively stable compared to.
Read More...Ciputra Development Issues MTN Worth SGD150Mn
PT Ciputra Development, Tbk (CTRA IJ), company with large landbank at prime locations to support future growth, issues Medium Term Notes (MTN) worth SGD150mn with interest rate at level 4.85% per annum, and will be due in 2021. The proceed will be used for the redemption of company’s MTN issued in 2015, debt refinancing and.
Read More...Garuda Indonesia Targets Profit in 2H2017
PT Garuda Indonesia, Tbk (GIAA IJ), market leader among full-service carriers in Indonesia, is targets earn profit in 2H2017, supported by peak season tend to be high and high demand on air transport. Previously, company reported a loss in 1H2017 worth USD281.92mn (IDR3.66trn), compared to same period last year USD63.59mn.
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