Semen Indonesia’s Sales Volume Rose 3.7%
PT Semen Indonesia (Persero), Tbk (SMGR IJ), is the largest cement maker in Indonesia, reported its sales volume 16.8 million tons during January to August 2017, or rose up to 3.7% over the same period last year. Company’s strong brand equity with the largest share in the East Java, Sumatra, Kalimantan and Eastern Indonesian markets,.
Read More...Waskita Karya Secures New Contract IDR43Trn in 9M2017
PT Waskita Karya, Tbk (WSKT IJ), state owned construction company, has secured its new contracts worth IDR32.47trn throughout 1H2017 or IDR43trn in 9M2017. The new contract are mostly for infrastructure and particularly toll road projects. For the record, company’s have revised down its contract target from IDR70trn to.
Read More...BFI Finance Reported a 34% Growth in Financing
PT BFI Finance Indonesia, Tbk (BFIN IJ) have distributes its used car financing worth IDR9trn in August 2017, or growth 34% compared to the same period last year, supported by marketing strategy and company’s network expansion. From company’s total financing, around 70% came from used car financing, while remaining came from financing new cars, property,.
Read More...Jembo Cable’s Export Drops 78%
PT Jembo Cable Company, Tbk (JECC IJ) reported its export dropped 78% during 1H2017, compared to same period last year. Company’s export reported IDR16.38bn in 1H2017, lower than 1H2016 IDR77.02bn. The export decreasing, made an impact to company’s revenue at the same.
Read More...Hexindo Targets its Market Share 24% in 2017
PT Hexindo Adiperkasa, Tbk (HEXA IJ), is the exclusive distributor of Hitachi heavy equipment in Indonesia, targeted its market share of excavator up to 24% or about 6,000 unit excavator demand in Indonesia until the end of 2017. For the record, company’s sales up to 486 units or 2,206 units from the total demand.
Read More...Hero Launches Giant Mart, a Minimart Segment
PT Hero Supermarket, Tbk (HERO IJ) is launching the Giant Mart, a minimart segment, amidst their hyper market format’s expand. The first Giant Mart was opened in Duri Kepa, Kebon Jeruk, West Jakarta on August 16,.
Read More...Indocement Releases New Slag Cement Product
PT Indocement Tunggal Prakarsa, Tbk (INTP IJ), the second largest cement producer in Indonesia after Semen Gresik Group, released the new slag cement product under the brand TR Superslag Cement. Main material is slag, made this Indocement’s new product is an environmental friendly cement product. According to company’s information, the current condition of cement market.
Read More...Kimia Farma Issues MTN’s IDR1Trn
PT Kimia Farma, Tbk (KAEF IJ) is issuing medium term notes (MTN) worth IDR1trn, which has permitted from the Ministry of SOEs (State Own Enterprise). MTN’s coupon at level 8.1%, and AA- rating received by PT Pemeringkat Efek Indonesia (Pefindo). For the record, the company will used the proceed to fund its expansion as well.
Read More...Ciputra Reported Book Sales IDR5Trn
PT Ciputra Development, Tbk (CTRA IJ), the most diversified real estate company in the country, reported its book sales IDR5trn from its targets marketing sales up to IDR8.5trn by the end of this year. Company’s marketing sales realization came from the realization of August worth IDR3.85trn, and the sales of 680 units worth IDR1.11trn in.
Read More...BTPN Signs Syndicated Credit Facilities Worth USD250Mn
PT Bank Tabungan Pensiunan Nasional, Tbk, is a leading player in pension payroll services in Indonesia, has signed 2 Syndicated Credit Facilities Agreement totaling USD250mn. There are, facility A worth USD115mn and facility B worth USD135mn, with a tenor 360-days respectively. Meanwhile, Sumitomo Mitsui Banking Corporation Singapore Branch, acts as the Mandated Lead Arranger and.
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