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Commodity price doldrums, Uno Uno Corporate Profit Drops 65%

Saratoga Investama Tbk PT Federal International (SRTG) made a profit of Rp 188.34 billion in the first half of 2013, down 65% when compared to the same period last year of Rp 539.61 billion. The fall in profits due to weak performance in the subsidiary coal and palm oil sector. “Weakness in the coal and…


Sales turnover in Benhil Food Reaches Rp 210 million a month

Traders cake and food for iftar in Ramadan Markets Lower Dam (Benhil) can claim to reap a turnover of between Rp 90 million and Rp 210 million for a month to sell. Hardian example, vendors selling a variety of cakes is admitted for a day to sell, he can reap a turnover of approximately USD…


Mayora Record Profit Growth 34.28%

PT Mayora Indah Tbk (MYOR) recorded a profit attributable to owners of the parent rose 34.28 percent to Rp451, 51 billion in the first half of 2013 from the same period the previous year Rp336, 23 billion. As quoted from disclosure, on Wednesday (31/07/2013), the increase in profit was also followed by an increase in…


Gets Pinasthika Profit Partners Rp 248 Billion, Up 36%

Net profit of the company-owned automotive parts Uno Uno, PT Mustika Pinasthika Mitra Tbk (MPMX) reached Rp 248.33 billion in the first half of 2013, growing 36.2% over the same period last year periodeyang Rp 182.31 miiliar. In addition, the company also recorded a net income of Rp 6.78 trillion, up 31% from the same…


Net Income Exceeds MNC Rp1 Trillion

PT Media Nusantara Citra Tbk (MNCN) posted a rise in net income for the period by 21.1 per cent to Rp1, 01 trillion, compared to the previous period in 2012 amounted to Rp834 billion. The increase in profit was also followed by an increase in revenue to Rp 3, 13 trillion compared to previous periods…


Mestika Bank Shutter Credit Distributes Rp 5.9 Trillion in 2013

Tbk PT Bank Mestika Dharma targets loan portfolio to Rp 5.94 trillion in the year 2013. As many as 30% of the total loan will be disbursed to Small and Medium Enterprises (SMEs) who are so focused the company’s business. Director of Bank Mestika Dharma Achmad S. Kartasasmita said, until the end of December 2012…


Net profit of PLN “Skyrocket” 15,305 Percent

Net income of the State Electricity Company (PLN) in the first half jumped 15,305 percent in 2013 to Rp 4.77 trillion from the same period the previous year which is only Rp 31 billion. In a financial report submitted to the Indonesia Stock Exchange on Tuesday (07/30/2013), note that the net profit of state-owned electricity…