Adhi Allocate 25% LRT City Project for Low-Income Communities
PT Adhi Karya (Persero), Tbk (ADHI IJ) allocates 25% of Light Rail Transit (LRT) City project for a residential targeting low-income communities, with a price limit in accordance government regulations. Company is planning 6,000 units, from LRT City Eastern Green Bekasi 3,200 units in four towers, LRT City Gateway Park Jaticempaka 1,600 units in two.
Read More...SILO’s Business Expansion Worth IDR3.09Trn
PT Siloam International Hospitals, Tbk (SILO IJ), the fastest-growing Indonesian hospital operator, plans to raise IDR3.09trn (USD226mn) through sell its 352.2mn new shares, for a business expansion approved by shareholders. This company’s new shares, equivalent to 25% of its entity. Siloam International Hospital will expand its business through direct, and indirect investment, including acquisitions, asset.
Read More...SMDM Recorded Profit IDR5.61Bn
PT Suryamas Dutamakmur, Tbk (SMDM IJ), recorded profit of the year IDR5.61bn in 1H2017, lower than same period last year IDR10.59bn. The declining, was influenced by SMDM’s declining revenue. For the record, company revenue drop from IDR240.33bn to IDR215.88bn during the.
Read More...Baramulti’s 77.7% Debt Maturity in 2017
PT Baramulti Suksessarana, Tbk (BSSR IJ), 77.7% debt worth USD3.86mn maturity in 2017. Currently, company’s debt domination by bank loan, followed by other debt, and total debt worth USD4.96mn. The company’s current ratio increased than the same period 2016, supported by the increasing cash and cash.
Read More...Cost Revenue Efficiency, Helped BIKA Maintain its Gross Profit
PT Binakarya Jaya Abadi, Tbk (BIKA IJ) reported revenue’s declined during 1H2017, amidst its gross profit increased compared to same period last year. The company was efficient in the cost of revenues during the period. For the record, BIKA’s company’s revenue IDR257.29bn and cost of revenue IDR162.28bn or 50% from the.
Read More...Martina Berto’s Domestic Sales Declined, Amidst Weakening Power Purchase
PT Martina Berto, Tbk (MBTO IJ), a herbal and cosmetic company, domestic sales IDR297.61bn in 1H2017, lower than same period last year IDR310.47bn. The domestic sales, amidst the weakening domestic market’s power purchase. For the record, domestic market giving the largest contribution to the total company’s total.
Read More...MDRN Sold Several Asset to Repay its Debt
Besides sold its land and building assets in East Java worth IDR100bn, PT Modern International, Tbk (MDRN IJ), also has sold its asset in several places such as in Jakarta, Serang, and Bali. The proceed will be used to repay its debt in one of the creditor of the company’s loan, PT Bank CIMB Niaga,.
Read More...BCA Finance Already Lowered Loan Interest
PT BCA Finance, a subsidiary of PT Bank Central Asia, Tbk (BBCA IJ), has no plan to lowered its loan interest, amidst Bank Indonesia has lowered its 7-days reverse repo rate from 4.75 to 4.5%. For the record, company’s loan interest rate for tenor 1 to 4 years at level 3.17% to 4.17%, and company.
Read More...BATA Managed its Efficiency Cost of Sales to IDR 280.97 Bn
PT Sepatu Bata, Tbk (BATA IJ) recorded net sales grow YoY to IDR 514.70 bn in 1H2017 from IDR 472.56 bn at the same period last year. Domestic sales still the biggest contributor to the net sales as much as IDR 512.04 bn, with export sales IDR 2.65 bn or fell almost 36%. The company.
Read More...KKGI Spends USD1.34Mn Through Insani Baraperkasa
PT Resources Alam Indonesia, Tbk (KKGI IJ), through its subsidiary PT Insani Baraperkasa, has spent around USD 1.34 mn for mining exploration in Handil Bakti sub-block area until August 2017. Besides geological mapping and land acquisition, the company also plan to conduct some exploration in other mining blocks, such as Loajanan.
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