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MAPI Same Store Sales Outlook

By administrator | July 11, 2020 | Trade Services.

MAPI Same Store Sales Outlook. A leading lifestyle retailer in Indonesia, Mitra Adiperkasa Tbk (MAPI IJ). Is still faces a number of challenges to spur its performance this year. The challenge stems from the low traffic of mall visitors. Due to the vigilance of the Covid-19 pandemic, the provision of massive.

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AKRA Solid Performance

By administrator | July 10, 2020 | Trade Services.

As well as AKRA Solid Performance. AKR Corporindo Tbk (AKRA IJ) recorded a good performance in 1Q20. AKRA recorded revenues of IDR 6.34 trillion, up 25.86% compared to 1Q19 revenue of IDR 5.03 trillion. The main portion of this revenue came from trade and distribution of fuel oil, which amounted to IDR 5.89.

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Adaro Energy Coking Coal Strategy

By administrator | July 8, 2020 | Mining.

As well as Adaro Energy Coking Coal Strategy. The depress coal price this year as the weakening demand. From the corona virus pandemic is expect to depress coal companies. Including Adaro Energy Tbk (ADRO IJ). This can be seen from ADRO financial performance throughout 1Q20. Furthermore, ADRO revenue decrease 11.3% YoY from USD 846.50 million.

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EXCL Over the Top

By administrator | July 8, 2020 | Infrastructure Transportation.

As well as EXCL Over the Top. XL Axiata Tbk (EXCL), as one of the cellular operator providers in Indonesia has established synergy and cooperation with over the top service providers, one of which is with Netflix video on demand (VOD) service providers. EXCL Group Head of Corporate Communication Tri Wahyuningsih said, the business collaboration.

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Indocement Refuse Derived Fuel Project

By administrator | July 6, 2020 | Basic Industry.

As well as Indocement refuse derived Fuel project. In the midst of the condition of the cement industry which is experiencing over supply. Indocement Tunggal Prakarsa Tbk (INTP IJ) still posted bottomline performance growth. Semen Tiga Roda producer listed a net profit of IDR 400.43 billion, up 0.87% YoY. Nevertheless, INTP recorded a decline in.

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Physical Distancing Press Retail Company

By administrator | July 2, 2020 | Trade Services.

Physical Distancing Press Retail Company. The majority of retail Company that sell non-essential products record a decline in net profit in the first three months of 2020. Some of these Company also show lower revenue. Compare to the same period in 2019. As well as Mitra Adiperkasa Tbk (MAPI IJ) net profit which fell 94.16.

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SSMS: Fresh Fruit Bunches Production Fell

By administrator | June 30, 2020 | Agriculture.

As well as SSMS: Fresh Fruit Bunches Production Fell. Sawit Sumbermas Sarana Tbk (SSMS IJ) held an Annual General Meeting of Shareholders. One of the agendas regarding the use of net income in 2019. As is known, the net profit that SSMS obtain last year reach IDR 11.68 billion. Down 86.45% YoY. Director of SSMS.

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PTBA Steam Power Plant Continuity

By administrator | June 26, 2020 | Mining.

PTBA Steam Power Plant Continuity. One of the collaborative projects of the MIND ID mining holding issuer is the Feni steam power plant (PLTU) in East Halmahera. This project is a form of collaboration between Bukit Asam Tbk (PTBA IJ) and another state-owned mining company. As well as Aneka Tambang Tbk (ANTM IJ). PTBA Corporate.

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INCO Synergy with MIND ID

By administrator | June 26, 2020 | Mining.

As well as INCO Synergy with MIND ID. Mining holding of State-Owned Enterprises (SOEs), namely Mining Industry Indonesia (MIND ID). Is just one step away from controlling 20% ​​of Vale Indonesia Tbk (INCO IJ) shares. MIND ID and the majority shareholders of INCO have sign definitive divestment agreements. This means that 20% of INCO’s shares.

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LPPF Same Store Sales Projection

By administrator | June 20, 2020 | Trade Services.

LPPF Same Store Sales Projection. A ritel company Matahari Department Store Tbk (LPPF IJ) has reopened 141 stores on June 16, 2020. This means that almost 92% of LPPF’s shops have been opened. The number of shops opened increased from the beginning of May to 24 which opened or only around 16% of the total.

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