Search result for: "net income"

High dividend yield SMSM’s high dividend payout ratio (DPR) of 91% for 2010 earnings – it has a policy of maintaining a minimum DPR of 45% if net income exceeds IDR30bn – makes the stock one of the best dividend plays, in view of its 7.4% dividend yield at the current price on 2010 earnings..

IPOL’s 9M11 net income came in significantly below our FY11 estimates at IDR63bn (-95% q-o-q or -59% y-o-y), comprising only 34% of our FY11 estimate. Its 9M11 gross margin was low at 18.5% (FY11f: 24.7%), driven by Biaxially Oriented Polyethylene Terphthalate’s (BOPET) low initial performance and unfavourable timing in raw material purchasing. We revised down.

We initiate coverage on Selamat Sempurna (SMSM) with a BUY recommendation, based on: i) its high dividend yield; ii) high profitability; and iii) stable revenue growth prospects. We expect ROE to improve to 36.3% in 2013 from 29.6% in 2010, fuelled by higher utilization, and the stock’s dividend yield to jump to 10.7% from 7.1%..

New products in the pipeline In addition to Biaxially Oriented Polypropylene (BOPP) or plastic packaging film, the company is slated to launch three new products this year, which are: i) Biaxially Oriented Polyethylene Terephthalate (BOPET), or simply polyester-based packaging film, with an installed capacity of 20k tonnes/year. The equipment was commissioned this month; ii) metalizing.

We upgrades by 6% our earnings target for 2011 to IDR153bn (+44% y-o-y) on the back of a share of net income from its associate Fast Offshore Supply (Singapore) amounting to IDR24bn (based on the company’s guidance). We like WINS’ efficient spending of its 2011 capex on vessel expansion this year (12 added vessels) as.

Summary: We visited SMSM’s Bitung – Tangerang plant which produces filters and found the plant to be neat and well organized. We reiterate our positive view on SMSM considering its 1) high profitability; 2) high dividend yield; and 3) stable growth in export and local market. We maintain our forecast and BUY recommendation with TP.

Strengthened production arm IPOL targets to finish the installment of 20,000 tonnes new annual production capacity for new products, biaxially-oriented polyester (BOPET), in May. After commencement of the new plant, IPOL’s production capacity will increase by 25%. IPOL current annual capacity is at 80,000 tonnes for BOPP product line. The company expects the new machine.

A technology company engaged in the shopping voucher/gift card industry, PT Trimegah Karya Pratama Tbk (UVCR) or Ultra Voucher, recorded a surge in users of 205,000 users in June 2021, compared to around 123,000 users in the same period last.

PT Bali Bintang Sejahtera Tbk (BOLA) recorded mixed performance in the first semester of 2021. The company recorded lower revenues, but recorded a net profit in the first six months of.

KB Bukopin Tbk was able to record a consolidated net profit of IDR 54.22 billion as of June 2021. This value jumped 199.61% year on year (yoy) from the same position of IDR 162.45.