Jasa Marga Looking for Additional Fund up to IDR4Trn
Jasa Marga, Tbk (JSMR:IJ) preparing to seek additional funding around IDR3Trn to IDR4Trn, for capital expenditures this year. The company will try out a number of alternative funding, such as: assets securitization, Komodo bond issuance, project bond, and limited mutual fund investment (RDPT). Jasa Marga Allocates IDR70Trn Capex in FY18 Jasa Marga Earned Toll Concessions.
Read More...Anabatic Technologies’s Strategy to Achieve the Year End Target
Anabatic Technologies, Tbk (ATIC:IJ) still continues to keep the consistency of aiming for the target end of the year. Company will focus on the its core competencies and business through the acquisition of inorganic growth. It estimated capital expenditure of IDR150Bn to achieve the target end of the year. Matahari Department Store Plans to Open.
Read More...Semen Baturaja’s Sales Volume Growth 28%
Semen Baturaja, Tbk (SMBR:IJ) still continue to boost its sales. Since, the company’s sales volume growth above the national average, in 1H18. Semen Baturaja sales volume growth of approximately 28% to June 2018, or volume reached 870,000 tons. While the sales volume in the same semester last year around 674,000 tons. Besides selling cement, the.
Read More...Chandra Asri Complete its 137,000 Tons Butadiene Plant Expansion Project
Chandra Asri Petrochemical, Tbk (TPIA:IJ), through its subsidiary, Petrokimia Butadiene Indonesia has completed its expansion project. After going through the stages of shutdown or tie-in at the beginning of last March, the Butadiene factory operated back in early June with a new capacity of 137,000 tonnes per year, or the addition of 37% from the.
Read More...Arwana Citramulia’s Positive Performance amidst Ceramic Industry still Sluggish
Arwana Citramulia, Tbk (ARNA:IJ), record positive performance in 1H18 amidst ceramic industry has not shown a significant growth trend. Company record net profit amounting to IDR69.62Bn in 1H18 rose 13.12% if compared to the same period the previous year. While, its net sales rose 13.32% or equivalent to IDR923.51Bn compared with the same period last.
Read More...Hexindo Adiperkasa Raised Selling Price amidst Rupiah Weakened
The rupiah (IDR) exchange rate against the US dollar (USD) translucent to IDR14,500/USD towards the end of last week. The weakening of the value of the rupiah is influential for heavy equipment business, Hexindo Adiperkasa, Tbk (HEXA:IJ), since some components are still supplied through imports. Hexindo’s Heavy Equipment Sales Increase 13.4% in 1Q18 Hexindo Net.
Read More...Infrastructure Projects Support KHI Pipe Industries
KHI Pipe Industries, a subsidiary of Krakatau Steel, Tbk (KRAS.IJ), continued to supply the needs of the pipeline nationwide. KHI Pipe Industries is optimistic its business would grow significantly in this year, since the management claimed to have held several pipeline projects in the country in 2H18. KRAS Supply Steel to Jakarta-Cikampek II Toll Roads.
Read More...Hexindo’s Heavy Equipment Sales Increase 13.4% in 1Q18
Hexindo Adiperkasa, Tbk (HEXA:IJ) able to sell 450 units of heavy equipment along the 1Q18. The number rose 13.4% if compared to the same period last year as much as 397 units of heavy equipment. This year, company target can sell 2,000 units of heavy equipment. By comparison, last year the realization of sales reaching.
Read More...Metropolitan Land Books IDR1.19Trn in Marketing Sales
Metropolitan Land, Tbk (MTLA:IJ) booked IDR1.19Trn in 1H18 marketing sales, including IDR246Bn in recurring revenue. This is in line with the company’s target in FY18 for marketing sales and recurring income of IDR2Trn (+11% YoY) from FY17 realization at IDR1.8Trn. Metland Realized its Capital Expenditure of IDR390Bn Metland Focus on Kavling Land Sales Bumi Serpong.
Read More...Bank Mandiri Prepares IDR2Trn for its Subsidiary Capital Injection
Bank Mandiri, Tbk (BMRI:IJ) is planning to increase its subsidiary capital amounting to IDR1-2Trn in 2018. The company plans to increase capital to its three subsidiaries, which are Bank Mantap, Mandiri Utama Finance, and Mandiri Capital Indonesia that have been doing business expansion and need additional funds. The company hopes these subsidiaries contribution to Bank.
Read More...