PT XL Axiata Tbk (EXCL) correction suffers 54% profit in the first half of 2013 to Rp 670 billion from Rp 1.46 trillion. The company’s revenue edged up 1%.
XL recorded net income of Rp 10.3 trillion in the first half of this year, from Rp 10.2 trillion in the previous position. The rise in revenue driven by increased data service revenues by 13%.
“Our performance this quarter marks our success to turn things around after a decline in the previous two quarters,” said President Director of XL Hasnul Suhaimi, in a press release on Thursday (01/08/2013).
Until the end of the first half of 2013, the XL has spent Rp 4 trillion for infrastructure investment in the data. A combination of internal funds and debt.
XL has signed a new loan agreement in U.S. dollars with Standard Chartered Bank in May 2013 for U.S. $ 50 million. Meanwhile, during the first half of this 2013 also, the amount of debt XL increased to Rp 17.1 trillion from Rp 12.7 trillion in the previous year.
“XL will remain focused on data services given the growing use of data rapidly increasing contribution to company revenues. During the first six months of this year, data revenue accounted for 22% of total revenue, compared to 19% last year, “he added.
Intiland Development (Intiland) recorded an increase in its net profit by 74.85 percent to Rp140, 48 billion compared to the previous acquisition valued at Rp80, 18 billion. The increase also followed the company’s operating profit also increased by 76.17 percent to Rp250, 62 billion compared to the previous.
Director of Investments and Capital Management Intiland Pradono Archied Noto explained, the increase was primarily due to the soaring profitability of the company’s total operating revenues. Value of revenues increased in all business segments, both derived from real estate development, mixed-use and high rise, industrial, and hospitality.
“The first six months of this year, the property market is prospective and the trend is likely to increase people’s needs. This phenomenon is also reflected in revenue growth Intiland, either from development or re-curring income income, “he said in a written statement on Sunday (07/28/2013).
Based on financial statements as of June of 2013, the company posted revenue of 764.89 billion, up 44.12 percent compared to the first half of 2012. Increased revenues are primarily derived from the sale of residential and industrial areas.
“The increase in sales due to the recognition of revenue from the segment of residential areas, especially from Graha Natura project at Talaga Bestari in Surabaya and Tangerang, as well as sales of Ngoro Industrial Park II,” said Archied
Further, revenue from development (development income) stood still the largest contributor to the company’s valued at Rp687, 78 billion, or 89.92 percent of the total operating revenues Intiland. The number surged Rp224, 11 billion, up 48.33 percent compared to the first half of last year.
Real estate development segment was the largest contributor by contributing sales of Rp324, 91 billion or 42.47 percent reach. That number has increased by 30.16 percent compared Rp249, 62 billion in the first six months of last year.
The next largest contributor by Archied, derived from the industrial park development segment with sales valued at Rp185, 46 billion or 24.24 percent of the total revenue.
Compared to the first half of last year’s acquisition amounted to Rp46, 06 billion this year then its value soared up to four times. Development of mixed-use and high rise recorded contributed Rp177, 41 billion or 23.19 percent.
Meanwhile, for a sustainable income, Intiland recorded at Rp77, 10 billion, or 10.08 percent of total company revenue. This number is up 14.98 percent compared to the first half of last year. Revenues from the office segment reached Rp45, 51 billion or contributed 5.94 percent, followed by contribution of sport and golf is reached Rp21, 75 billion (2.84 percent), as well as the hospitality segment Rp9, 85 billion (1, 28 percent).
PT Bank Mandiri (Persero) Tbk managed to earn net profit of Rp 4.3 trillion in the first quarter of 2013. The net profit, up 26.4% from the same period in 2012.
Bank Mandiri president director Budi Gunadi Sadikin said, this positive performance, backed by the credit of Rp 392 trillion through the first quarter, growing 19.7% from the previous period amounted to 327.2 billion.
“Our achievement today is a welcome development. Bank lending, especially to the micro segment, which continues to show improvement, is a realization of our commitment to improve public access in various parts of Indonesia to finance productive,” said Budi time exposure Quarter Financial Statements 2013 in the Plaza Bank Mandiri Jakarta, Monday (04/29/2013).
Budi explained, loan growth occurred in all business segments, particularly in the sector of micro, small and medium enterprises. At the micro segment increased lending by 58.1% from Rp 13.1 trillion to Rp 20.7 trillion in the first quarter of 2013.
“This is in line with the credit growth, the number of micro credit customers also increased from 208.5 thousand to over 327 thousand customers. Meanwhile, credit to the segment of micro, small and medium enterprises (SMEs) grew 46.6% to Rp 55, 6 trillion, “he added.
Mandiri also noted, raising funds from a third party which reached Rp 467 trillion, up from the previous period are valued at Rp 404 trillion. Of these, low-cost funds such as checking and savings amounted to Rp 290 trillion, up 18.7% from the previous position of Rp 244 trillion. Mandiri also had total assets of Rp 641 trillion, up 17.1% over the same period last year. As for the ratio of non-performing loans (NPL) net Mandiri, remained low at the level of 0.57%.
PT Bank Bukopin target net profit growth of 20% by the end of 2013. Last year, Bukopin profit of Rp 834.7 billion.
With growth of 20%, then the expected profit to Rp 1 trillion. To sustain these targets, Bukopin will perform additional service network and launch new products for the SME business segment, commercial and consumer.
The strategy is targeted to encourage the growth of interest and non-interest income in the range of 20%. The Company is also targeting growth in Third Party Funds (TPF) by 20% and credit growth of 15%.
“Bukopin will add network services in some cities, such as branch office, branch office or cash office,” said President Director of Bank Bukopin Glen Glenardi in a press release on Monday (04/08/2013).
Bukopin currently has 420 service points or outlets consisting of 36 branch offices, 107 branch offices, 136 cash offices, 87 micro offices, 42 payment points and 8 retrieval service (pick-up service). The outlets spread across 22 of the total 33 provinces in Indonesia.
Bukopin service network is also supported by online bank payment point (PPOB / point on-line banking services) 15,000 spread across urban and rural areas. This service is supported by information technology networks and real time on-line.
“For SMEs and micro segments, Bukopin will gradually increase one step process for channeling loans, which is still dominated by the two-step distribution pattern channeling,” added Glen.
Bukopin will also increase capacity and other non-interest income as Swamitra Program, Remittance, Trade Finance, Loan Syndication and Bank Guarantee. Promo savings program with prizes such as cars, motorcycles and gadgets as well as deposit program with a variety of advantages such as cost-free and can be withdrawn penalty whenever the main attraction of the products issued by private banks which had stood since 1970.
“With the addition of service point and the consumer base, Bukopin will continue to improve the performance in 2013. Earnings growth target of 20%, a credit of 15% and amounted to 19.92% asset growth will be achieved in 2013, “said Glen.
Industrial properties are very excited. Many buildings, malls, apartments and housing built everywhere.
Passion that turns a positive impact on EMC storage players. For the second quarter of this year, EMC has also enjoyed the delicious Indonesian property industry.
“One of the significant business (growth) is not in the leading sectors such as telecommunications and banking, but the property industry is hot. Many transactions. Also in the financial and telecommunications industries, “said Adi Rusli (Country Manager, EMC Indonesia) on the achievement of the company ahead of time to break the fast together in Jakarta yesterday (07/30/2013).
Adi insisted, EMC revenue spearhead Indonesia remains the financial and telecommunications sectors. “But there is a rising industrial properties (growth) with demand virtualization to cloud storage consolidation,” he explained.
Compared to the first quarter of this year, said Adi, EMC’s total revenue in the country grew by 8.2%. “It should be bigger,” said Adi. Greater constraints on growth, he said, is not economic factors. “But because many projects are backed up to the third quarter. Usually January to July slowed somewhat, “he explained.
For storage business, said Adi, achieving EMC in the first half of 2013 grew 24% compared to the same period last year. While in total, EMC revenue in Indonesia for the first half of this year grew 25.4% compared to the first half of 2012.
Citing data from research institutions IDC for the first quarter of 2013, Adi mentioned that the EMC is now sitting in third. “In Indonesia, EMC is not number one,” he admitted. “But there is a significant growth. First, four years ago, EMC no ranking (in Indonesia), “he explained.
Currently, there are about EMC focuses on the business of big data, cloud and security. EMC’s business is divided into the field of storage, virtualization and Pivotal (big data). Confused what is Pivotal? Pivotal is a new platform, where all the virtualized infrastructure and presented as a service (service) and complete control through software. Pivotal is a new business entity EMC, the EMC’s ownership of 60%, 20% and 10% GE VMware.
PT Matahari Department Store Tbk (LPPF) net profit to Rp 265 billion in the semester 1-2013, grew 68.3% compared to Rp 157 billion in the same period last year. The rise in profit was in line with revenue growth of turnover alias.
The sun gross sales in Semester 1-2013 Rp 5.16 trillion, 19.4% higher than the previous year of Rp 4.32 trillion. While net income reached Rp 2.741 trillion, 23.1% higher than Rp 2,226 trillion in the past year.
According to the press release the Sun, Thursday (01/08/2013), the growth was the result of an increase in the company’s customer segments, increase in disposable income and improvements in product offerings sold.
Sun currently has 121 outlets in 58 cities in Indonesia, including 5 new stores opened in the second quarter of 2013, ie in Surabaya, Palangkaraya, Palembang, Palopo, and Cibubur.
The Company has made voluntary bank debt in March 2013 amounting to Rp 700 billion, and pay back bank debts voluntarily today at Rp 400 billion, bringing the total debt down from Rp 2.369 trillion at the end of June 2013 to Rp 1,969 trillion.
Action actors cartel that conspired aka traders determine price more troubling. Induced them, the prices soar. Unfortunately, those who master the many commercial food commodity food prices rising so high.
In the midst of the difficulties, the perpetrators of the whole profit cartel. Research Indonesian Chamber of Commerce and Industry (Kadin) said the perpetrators of the cartel can reap a turnover of up to Rp 11.34 trillion. The turnover of trade 6 obtained from the food commodity beef, chicken, sugar, soy, corn, and rice.
In a written statement, Vice Chairman of Kadin Regional Empowerment and Bulog, Natsir Mansour, said the offender cartel in action when there is an imbalance of supply and demand in the food sector. Imbalances that led to insecurity and fosters speculation.
Natsir said that this condition occurs due to the arrangement of production, distribution and trade of food is weak. He thinks the government is still very centralized trading system just because a policy is governed by several ministries. Though local governments are more aware of the needs in the region.
Natsir also lamented the lack of control the House of Representatives should be able to give sanction to the Ministry which can not keep food prices. “Sanctions in the form of budget cuts,” he said.
In addition, Natsir said, no special food supply lines come confuse the issue. Consequently, any policy issued by the Ministry of Commerce and Ministry of Agriculture tends to be speculative. As a result, the data can not be proper food and accurate.
“So it’s natural that the president was angry with the Ministry of Trade and Ministry of Agriculture for failing to regulate national food also often scarce,” he said.
PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.
Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.
Until the end of 2011, the demand for plastics and household products generated by Lasting Makmur Industri Tbk PT (LMPI) jumped sharply. This surge in demand coming from domestic consumers and foreign.
According to one market participant, from domestic demand and household plastic products grew 60%. While from overseas, the consumer accounts for 40% of demand growth by the end of 2011.
“With this soaring demand, LMPI reportedly posted a year-end profit increased approximately 58% compared to year-end 2010 earnings,” said the market participants on Friday (30/3/212).
He said there are indications the market will anticipate this news before the announcement of the financial statements at the beginning of the second quarter of this year, with a target share price LMPI Rp 500 per share.
Yesterday, the stock closed at LMPI green area in the middle market is sluggish at Rp 310 per share, up 60 points (+24%) with the volume of transactions valued at more than USD 5.19 billion.
Bandung – No need to sew to be able to open a home-based garment industry. Starting from craze to wear various types tanktop, Rita Anggraeni (39) began to open a small business in his home.
In contrast to other garment entrepreneurs who focus on outward appearance in order to look fashionable. Rita chose women’s underwear business. The goal is noble, Rita wants Indonesian women can wear clothing with good quality without having to spend a lot of money.
“At first, because I really like to wear a tank top, so try to make starting a small business,” he said when met at his house that doubles as a home-based factory outlet at the same time.
Rita does have talent in business, since high school, Rita is good at selling, even out of college was working as a marketing Rita in several companies.
“From the first weve like sales, the clothes, sometimes I wear clothes if anyone want to sell me. From High School, continues to lecture me like selling, hefty add-add,” he said.
Of his hobby, Rita and then try to design in a cute outfit with attractive colors. Originally only designing underwear (CD) and bra (BH), Rita interested in designing lingerie (night dresses-red), tank top, G-string, and various other types of underwear.
Now the mother of four children already have products in women’s underwear called ‘Dream of La Rita’. The meaning of the name according to Rita is a dream of a woman named Rita who want to advance their business and want to offer quality clothing at affordable prices.
“Can not wear underwear carelessly, to be completely comfortable so we also confident her clothing. Sekalian worship also to her husband,” he said.