PT Semen Indonesia (Persero) Tbk recorded a growth in financial performance in the first semester of 2013 increased compared to the same period last year. Recorded a net profit of Rp 2.58 trillion or Rp 436 per share, an increase of 22.9 percent.
Semen Indonesia President Director Dwi Soetjipto said Indonesian Cement net profit growth in line with the achievement of revenue, which stood at Rp 11.4 trillion, an increase of 31.9 percent over the same period last year, which stood at Rp 8.6 trillion.
“Revenue is supported by the total cement sales volume stood at 12.23 million tons, an increase of 18.3 percent over the same period last year amounted to 10.32 million tons,” said Dwi in Jakarta, Monday (29/7).
While the national cement sales volumes (industry-red) grew 7.5 percent to 27.83 million tons compared to the previous period, which stood at 25.89 million tonnes. “The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, particularly in the areas of marketing and distribution in the Indonesian Cement Group. So that we are able domestic market share increased to 43.6 percent from 40.9 percent last year, “said Dwi.
Most of the company’s revenue, said Dwi, comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53 percent of total revenue in the first half of this year, an increase of 26.42 percent compared to the position of sales in the same period last year amounting to Rp 8.63 trillion.
In addition to maintaining dominance in the domestic market, Indonesian Cement also continue to boost sales to foreign markets, especially countries in Southeast Asia.
At least, that from January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number is said Dwi jumped nearly 170 percent compared to sales in the first semester abroad last year only amounted to Rp 30.34 billion. “We will continue to expand the market from year to year,” said the man who brought four awards in the SOE Award 2013.
Jakarta-As preparations for the ASEAN Economic Community in 2015, Vice Minister of Commerce visited the factory wiring Krisnamurthi PT Supreme Cable Manufacturing Commerce (Sucaco) Tbk. Wires and electronic equipment is one sector which is set by default in the free trade in the region.
“It turns out we are ready to face competition because the company is apparently one of the best in ASEAN,” said Bayu at the factory Sucaco in Daan, West Jakarta, Monday, July 29, 2013. Factory covering an area of 14 haktare was already 41 years old and is one of the oldest cable factory in Indonesia.
According to Bayu, PT Sucaco been exporting its products to Japan and other countries in the Middle East are taking a higher standard of ASEAN. However, exports are now stalled because the domestic market absorbed all of its products.
As the economy grows, the need for cables and equipment in the country is growing. This additional requirement apparently was overtaken by the domestic industry in which the culprit was more than 100 companies.
As a result, Indonesia’s trade balance was a deficit of electronic products. Last year for example, the Central Bureau of Statistics noted that the export cable and electronic products only reach U.S. $ 7 billion, while imports reached U.S. $ 15 billion.
Jamallulail Noval, Chairman of Cable Manufacturers Association (Apkabel) states, the main obstacle in the cable industry is the issue of raw materials. Although Indonesia is producing copper and aluminum, but in fact the cable industry still has to import both these metals. “Because here there is no industry median, so it should be processed beyond the first,” he said.
Another problem, the import of raw materials seengah so it turned out to be between 10-15 per cent import duty. “It’s somewhat reduces our competitiveness for export markets,” said Noval.
Jakarta – The global economic crisis have shaken the stability of a number of companies in the world. But amid the crisis storm, Fuji Xerox trying to exist.
One proof that Fuji Xerox still exist in the midst of the storm of crisis, especially in the Indonesian market, is by presenting a new printer products, the DocuPrint C1190 FS. Fuji Xerox assess that the global economic crisis was not affecting the market in Indonesia.
“We want to show dedication and commitment to the business world, especially the IT industry in Indonesia. Though the global crisis, but we still strive to bring innovation and new product launches. So when competitors are usually rather weak in marketing activities, Fuji Xerox tried to fill this gap,” obviously Teddy Susanto, Country Sales Manager Indonesia, when met at the sidelines of the launch of the printer DocuPrint C1190 FS at Hotel Nikko, Jakarta, Wednesday (07/15/2009) evening.
Through the launch of a multifunction printer DocuPrint C1190 FS, Fuji Xerox hopes to bring a new freshness to the small business and home business.
Claimed that this one printer that offers high-performance features that are usually only found on the printer’s corporate segment, but with a more affordable price for SMEs.
By buying the all-in-one DocuPrint C1190FS claimed to save the budget because it does not need to buy many separate devices and can reduce paper consumption, thanks to digital document delivery features.
PT Pertamina EP oil and condensate production record during the first half of 2013 reached 122 thousand barrels per day. Or 92 per cent of the target has been corrected to 123 thousand barrels per day.
“We’ve made every effort to achieve the specified targets SKK Migas,” said Vice President of Exploitation, Herutama Trikoranto in Jakarta, Thursday, July 4, 2013.
Special Unit Manager for Upstream Oil and Gas (Migas SKK) Pertamina EP production target at the end of the year amounted to 132 thousand barrels per day. Worried difficult to achieve, at a meeting with the Energy Commission of the House of Representatives last June, the target was reduced to 123 thousand barrels per day.
Herutama explains, inhibiting the production of a number of things in the first half, both technical and non-technical. Non-technical issues, faced with the difficulty of drilling performance licensing and bureaucracy in the field. “Especially in land acquisition and licensing of protected forest,” he said.
Technical problems caused by drilling late due to operational problems. He cited the loss circulation problems and subsurface (subsurface) which makes the production does not match expectations.
“It turns out there is the subsurface fairly tight. Thus, for example, the production of which was estimated at 100, because the tight layer, the realization was only 50.”
Target production increase by 11 thousand barrels also can be realized only 4,200 barrels per day from January to June. In fact, in 2012, the addition of the targeted production of 14,200 barrels per day, could be realized 13,500 barrels per day. “More good because it has not appeared non-technical issues,” he said.
Realization of crop production in North Sumatra until May 2013 is still below 50 percent, as the impact of extreme weather.
Secretary of the Department of Agriculture of North Sumatra, Lukman Nulhaim Dalimunthe, in Medan on Monday, revealing, for the realization of the rice crop production until May 2013 reached 1,691,353 tons, or 43.64 per cent of the target this year.
While corn production reached 522 696 tonnes or 34.99 percent of the target 1.49405 million tons, while Soy lower that 32.22 percent or 4,361 tonnes from 13 533 tonnes of production plans.
He admits, there is also interference in rice, corn and soybeans in North Sumatra caused either disease, drought and mice.
But the attack was still judged to be too intrusive and the Department of Agriculture has done handling the disturbances on the plant.
Chairman of the Indonesian Corn Growers Association (Hipajagin), Jemat Sebayang said rat infestation has lowered corn production farmers in North Sumatra nearly 20 percent of the average farmer yields a number of 8-10 tons per hectare.
Rat attack occurred in Karo and Langkat and was followed by extreme weather caused corn harvest in July-September certainly reduced.
In Karo, the attack occurred in the District Mardingding rats, Lau Balem and Tigabinanga.
JAKARTA – PT Semen Indonesia (Persero) Tbk said, most of the company’s revenue in the first semester of 2013 was derived from the domestic market. First half of the company’s revenue reached Rp 10.91 trillion, equivalent to 95.53% of total revenue in the first half of this year.
Dwi Soetjipto, President Director of Semen Indonesia, said that the value of domestic sales increased by 26.42% compared to sales in the same period last year of Rp 8.63 trillion.
Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. Java market contributed revenue of Rp 5.72 trillion or 52.43% of total domestic sales. Meanwhile, consumers outside of Java contribute to the revenue of Rp 5.19 trillion or 47.57% of total domestic sales.
In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia. From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion.
“This number jumped nearly 170% compared to overseas sales in the first half of last year is only Rp 30.34 billion,” said Dwi
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday also surged 2.4 percent in May from April. The month-over-month gain nearly matched the 2.6 percent increase in April from March – the highest on record.
The price increases were widespread. All 20 cities showed gains in May from April and compared with a year ago.
Prices in Dallas and Denver reached the highest level on records dating back to 2000. That marks the first time since the housing bust that any city has reached an all-time high.
Home values are rising as more people are bidding on a scarce supply of houses for sale. Steady price increases, along with stable job gains and historically low mortgage rates, have in turn encouraged more Americans to buy homes.
One concern is that higher mortgage rates could slow home sales. But many economists say rates remain low by historical standards and would need to rise much faster to halt the momentum.
Svenja Gudell, senior economist at Zillow, a home price data provider, said a big reason for the recent price gains is that foreclosed homes make up a smaller proportion of overall sales. Foreclosed homes are usually sold by banks at fire-sale prices.
“Typical home values have appreciated at roughly half this pace for the past several months, which is still very robust,” Gudell said.
Gudell said higher mortgage rates and a likely increase in the number of homes for sale in the coming months should slow the pace of price gains and stabilize the housing market.
The index covers roughly half of U.S. homes. It measures prices compared with those in January 2000 and creates a three-month moving average. The May figures are the latest available. They are not adjusted for seasonal variations, so the monthly gains reflect more buying activity over the summer.
Despite the recent gains, home prices are still about 25 percent below the peaks they reached in July 2006. That’s a key reason the supply of homes for sale