Adaro Energy’s Optimism amidst Decline Coal Price Projections
In the middle of the movement of the price of coal, Adaro Energy, Tbk (ADRO IJ) remain optimistic performance targets in the year 2019 will continue in accordance with defined targets. It’s just that, analysts see coal prices will weaken through the year 2019 and influence the performance of ADRO. Samuel Sekuritas analyst, Arandi Ariantara.
Read More...The Highest Credit Interest already Happens in 2018
During the years 2018 and then rising interest deposits tend to be firmer than with a rise in mortgage interest. This is because current Bank policies follow Bank Indonesia (BI) who decides to raise the interest of reference as much as 175 Bps last year. Chief Economist at Bank Negara Indonesia, Tbk (BBNI IJ) Ryan.
Read More...ASII Capital Injection IDR703Bn to its Property Subsidiary
Astra International, Tbk (ASII IJ) inject funds amounting to IDR703Bn to Samadista Karya, one of its subsidiary in the field of property. Head Of Investor Relations Division ASII, Tiara Ardianti mentions, the injection of funds to help Samadista Karya in finding new property projects and develop it. Bank Mandiri Prepares IDR2Trn for its Subsidiary Capital.
Read More...Pos Logistik Indonesia Established Subsidiary in E-Commerce
Pos Indonesia in the near future will have “Grandson” company. The grandson of the company is a subsidiary of Pos Indonesia i.e. Pos Logistik Indonesia, will have a subsidiary engaged in supporting E-Commerce business. “The name is Pos Indonesia Kurir. This grandson of Pos Indonesia. Later the name of the product Pro Kurir, “said Rahmat.
Read More...BBCA Posted Highest Return on Assets up to 4%
Profitability ration of BOOK IV increased. This is reflected in the return on asset (RoA) BOOK IV group who rose to 3.29% in 2018 3.15% from the previous year. This position became the highest since the year 2016. When specified on basis of individual banks, Bank Central Asia, Tbk (BBCA IJ) records the highest RoA.
Read More...Semen Baturaja Revenues Reached IDR150.2Bn in January
Semen Baturaja, Tbk (SMBR IJ) on January 2019 notes income amounting to IDR150.2Bn or grew 6% over the same period last year of IDR141.8Bn. Although the company’s cement sales volume experienced a 1% correction from the previous year. President Director of SMBR, Jobi Triananda Hasjim said that sales volume correction of cement is caused due.
Read More...Heavy Equipment Push Astra International Net Profit Up 15%
Astra International, Tbk (ASII IJ) registered a net profit of IDR21.67Trn in 2018. The profit up 15% from the year 2017 which is IDR18.85Trn. The profit growth is sustained revenue ASII are up 16% to IDR239.21Trn in 2018. In the year 2017, the revenue was recorded at IDR206.06Trn. President Director of ASII, Prijono Sugiarto said,.
Read More...Perusahaan Gas Negara Capital Expenditure Reached USD500Mn
Perusahaan Gas Negara (Persero), Tbk (PGAS IJ) have prepared a capital expenditure (capex) to improve the performance of the company. President Director of PGAS, Gigih Prakoso says this gas sub holding it will allocate funds for USD500Mn for capital expenditure year 2019. These funds will be used for oil and gas upstream, and gas pipeline.
Read More...Cost of Revenue Hit Astra Agro Lestari Net Profit Down 27%
Astra Agro Lestari, Tbk (AALI IJ) released its annual performance for the period 2018. Appropriate information disclosure Indonesia Stock Exchange (IDX), registered a revenue of IDR19.08Trn at the end of 2018 or 10.28% from IDR17.30Trn at the end of 2017. AALI income sustained by sales of crude palm oil and its derivatives which contributed IDR16.76Trn.
Read More...Pakuwon Jati Build Four Malls in Year 2019
Pakuwon Jati, Tbk (PWON IJ) work on four projects in the shopping center/mall. Expected with so far this year the mall can contribute 39% of total revenues. Minarto Basuki, Pakuwon Jati’s Chief Financial Officer mention, four project companies will do the mall this year includes construction and renovation. For the construction of the mall, companies.
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