Indonesian Cement profit soars Rp 2.58 Trillion

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.

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 period in 2012 amounted to Rp 5.18 trillion.

Gross profit also rose by 35% from Rp 750.69 billion in the first half of 2012 to Rp 1.02 trillion in the first half of 2013.

Director MPMX Tossin Hima explains, a significant increase in financial performance is in line with the Company’s solid operating performance. For example, under the vehicle rental business MPMRent significantly increase its fleet to 74% in the first 6 months of 2013 reached 12,104 units.

He also mentioned, total assets also increased 20% from last year’s Rp 9.07 trillion to Rp 10.88 trillion in the first semester of 2013. According to him, a solid financial performance is the result of hard work, good strategy and strengthened by the excellent execution.

“Achieving good performance in the first semester of 2013 was above the average growth of the industry and consistent with the Company experienced growth in recent years. This proves MPMX commitment in keeping what is our promise to the stakeholders, particularly shareholders and investors, the growth of a healthy and sustainable business, “Tossin said in a statement in Jakarta, Monday (22/07/2013).

He said the vehicle rental business market in Indonesia is divided and spread out in various areas and MPMX MPMRent benefit from having more than 20 years experience in this business.

“The experience and deep understanding MPMRent makes us more observant and aggressive in capturing and realizing opportunities in the vehicle rental business, especially in the corporate sector nationwide,” said Tossin.

In addition, Honda motorcycles for distribution business, especially in the area of ​​East Java and East Nusa Tenggara, sales rose by 26% to reach 447,578 units in the first semester 2013.

Meanwhile, the Honda motorcycle sales nationwide rose 12% and sales of motorcycles grew only 6% of the months January to June 2013.

Increased sales of motorcycles as well as the number of middle-class people in Indonesia, helped push sales of lubricants business MPMX growing more than 10% to reach 32.12 million liters of oil.

Social Security in First Half Profit Jumps 95 Percent

Social Security PT (Persero) posted a profit after tax in the first semester of 2013 amounted to Rp 1.69 trillion or 95 percent jump compared to the first half of 2012 amounted to Rp 870 billion. Director of Social Security Masasya G Masassya said that the increase in fee revenue over the first half of 2013 rose 64 percent to Rp 2.87 trillion in the same period last year to Rp 1.75 trillion.
»In the first half of 2013 we recorded a net income contribution of Rp 914.5 billion, surged 205 percent,” he said in a written statement, August 5, 2013.
Total revenue per June 2013 rose 202 percent to Rp 916 billion. Social Security investment income recorded a non-collateral (JHT) in the first semester of 2013 amounted to Rp 1.36 trillion, up 59 percent and revenue management of the investment fund old age insurance up 20 percent.
Social Security an operating profit in the first semester of 2013 rose 84 percent to Rp 3.14 trillion and profit before tax also rose 84 percent to Rp 1.97 trillion.
Director of Finance Social Security Trisanto Herdy adds up to June 2013 the company has been realizing managed fund of Rp 143.6 trillion. That figure represents 96.31 percent of the 2013 target of Rp 149.1 trillion. Additionally in June 2013, the company posted revenue of Rp 9.02 trillion investment or representing 61.72 percent of the 2013 target of Rp 14.6 trillion.
»The results of the development of old-age benefits by June 2013 amounting to Rp 6.32 trillion or 60.06 percent realize the 2013 target of Rp 10.5 trillion,” he said in a written statement.
In terms of net income, Social Security also booked Rp 1.69 trillion as of June 2013, representing 77.43 percent of the 2013 target of Rp 2.19 trillion. Acceptance of Social Security contributions by June 2013 amounted to Rp 12.3 trillion, representing 49.62 per cent of the 2013 target of Rp 24.84 trillion. And payment guarantees by June 2013 amounted to Rp 6.21 trillion or 59.75 percent of the realization of the 2013 target of Rp 10.4 trillion.

Profit Down 22.71 Percent Mortgage

Mortgage PT (Persero) first half net profit in 2013 amounted to Rp718 billion, a decrease of 22.71 percent over the same period in 2012 amounted to Rp929 billion.
“The decline in net profit slump triggered by the price of gold in the International market,” said the Director of Mortgage Finance, Agus Dwi Pramoedya, on the sidelines of the show “Pawn Gebyar Bazar”, in Jakarta on Thursday.
According to him if at the beginning of January 2013 the price of gold reaches approximately 1,483 U.S. dollars per troy ounce, but in June 2013 was in the range of 1,300 U.S. dollars per troy ounce.
According to Dwi, due to the decline in gold prices is continuous then the company had earmarked Rp 400 billion by the end of 2013 in anticipation of the continued decline in prices.
“Spare us prepare to face the potential loss. If the gold price does not go up until the end of 2013, it was forced to take action” for sale “to the collateral. Yagn So the loss was covered by reserves,” he said.
He explained that the decline in gold prices greatly affect the performance of the Mortgage, as appropriate business enterprise is dominated by gold pawn portion that currently account for about 97 percent.
“Mortgage loan disbursement will face obstacles if the thirst of gold continued to decline until the end of the year,” he said.
Despite a decline in net profit expressed Dwi, but in terms of revenue Pawnshop still posted gains.
“During the first semester of 2013, revenue reached Rp 4 Pawn, 1 trillion, up 6.5 percent over the same period of 2012 amounted to Rp3, 8 trillion,” he said.
Likewise, assets, until June 2013 grew about 13 percent to around Rp33 trillion, from the previous Rp29 trillion.
He said, gold pawn business until June 2013 the company was able to print revenue of Rp46 trillion, soaring from about Rp43 trillion previously.
The same time, revenue-based sharia pawning gold reached 6 trillion, up 8.6 percent from the previous Rp 5, 5 trillion.
Truly said Dwi, Pawnshop business as a whole still increase, but only because the price of gold dipped impacting net income.
The number of customers increased Pedagaian still about 15 percent to 14.4 million in the first half of 2013 from the previous 13.7 million customers.
“This marks the mortgage business will continue to grow in the future,” he said.

Bank Permata Raup Rp 818 Billion Net Income, Grows 15%

Jakarta – PT Bank Permata Tbk recorded a net profit after tax (consolidated – unaudited) of Rp 818 billion in the first half of 2013, an increase of 15% over the same period in 2012.

Total operating income reached Rp 3,205 trillion in the first half of 2013, 12% higher than the same period last year of Rp 2,859 trillion, driven by good growth in net interest income and fee-based revenue (fee-based).

The net interest income grew 12% yoy to Rp 2,568 trillion, with sustained strong credit growth. While the revenue-based fee (fee-based income) rose 11% yoy to Rp 638 billion.

Director of Permata Bank, David Fletcher said the company’s operating performance improved strongly in the first half of 2013 was made possible through corporate discipline in carrying out the strategy.

“Permata Bank ended the period with a strong record of financial performance and good momentum in both segments of retail and corporate banking business (Retail and Wholesale Banking),” he said in a press release on Tuesday (07/30/2013).

The second half, continued David will bring a new challenge in the form of increased interest rates and the dynamics of the economy.

“Nevertheless, we believe that the Bank is in a good position amid this uncertainty,” he said.

In the first half of 2013, loans grew by 27% yoy from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013. Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market. Total assets reached Rp 144.3 trillion, up 31% yoy from Rp 110.6 trillion as of June 30, 2012.

More diverse funding base and grow sustainably. Third-party funds, including the Sharia – increased 32% yoy to Rp 116.1 trillion, where current and savings accounts (CASA) each recorded an increase of 16% yoy and 6% yoy. Meanwhile deposits recorded strong growth at 41% yoy. Sharia financing recorded a significant increase in the amount of 95% yoy.

Excellent credit quality reflects the Bank’s compliance to always keep the principle of prudence. Non Performing Loan (NPL) Gross improved to 1.2% as of June 30, 2013 compared to 1.6% in the previous year. Similarly, the net NPL has also improved to 0.4% from 0.5% in the same period last year.

Permata Bank also maintains a healthy level of capital to risk weighted assets (RWA) and ended the period with a Capital Adequacy Ratio (CAR) of 15.6%, up 232 bps compared to the previous year in spite of the strong credit expansion. Shareholders’ equity grew 35% yoy to Rp 13.2 trillion at the end of June 2013, supported by a limited public offering / PUT (Right Issue) by the Bank in the year 2012.

The story of Home Based Entrepreneurs Raup Turnover Pastries Rp 1 Billion At Eid

As usual, the annual event and Eid Fasting brings blessings to the home pastry manufacturers, such as Kampung Utami Donuts (DKU).

Starting from selling donuts round in the villages and schools, Rosidah Widya Utami DKU brand owner managed businesses manage cookies ‘kampung’ upscale flavor.

Rosidah always flooded with orders. Unmitigated, in this year’s Lebaran turnover pastries home to break out over USD 1 billion.

“If fasting and Eid sales rose dramatically. Turnover can be up more than Rp 1 billion, last year turnover is USD 500 million. Fasting and Eid bring blessings yes, working 2 months of the results could be eaten for 2 years,” said Rosidah to detikFinance, in Jakarta, Sunday (08/11/2013).

According Rosidah, pastry production is now sold out the public interest. Not only from Jakarta and surrounding areas, dry cake which is produced in Jombang, East Java, has been extended to Kalimantan and Sumatra.

“The biggest demand of Jakarta and its surroundings, then followed from Borneo and Sumatra,” he said.

So many orders, he had to help workers to meet consumer demand. Today, the home-based business is owned Rosida join assisted at least 40 employees.

It turned out pretty itutidak aid workers. Without meaning to reject, Rosidah forced to ‘take off’ orders up to 30% of the total demand amounting to Rp 300 million to Rp 400 million.

“A lot of orders to the extent not kepegang. Approximately 30% of orders are not handled so many, could be worth up to Rp 300 million to Rp 400 million was missing. Peak right at H-7 yes but 3 weeks before Eid we’ve stop receiving orders due to demand overload occurs there, “he explained.

According Rosidah, retaining customers is the key to providing the best service and quality.

Sales turnover increased apes in Lahat Jalinsum

White ape sales turnover (Hoop) in Sumatra highway (Jalinsum) Lahat Regency, South Sumatra, increasing entered and after Lebaran Idul Fitri 1434 H.

“Trade hoops before Eid until D +3 is an average of ten fish per day,” said a trader hoops Haris (35) in Jalinsum-Tebingtinggi Lahat, “Sunday.

He said the hoop was obtained from the results of the hunt in the forest area were taken a median age of one month and sold Rp200 thousand per head.

There are also two-month-old hoops but its price is 150 thousand less, but the average buyer in the hope of buying a young age can be maintained in the long term.

Every day before Eid sold an average of over 20 birds, whereas during Ramadan only one two tails because the demand is less.

Sales is one of the hoops livelihood New Petikal villagers and the village of Lubuk Overlapping, District East Kikim every hunt wild animals ahead of Eid was increased.

“We sell a hoop to serve as a souvenir of Eid when the travelers return home, when a typical day the sale was not there,” he said.

The proceeds divided equally hoops every day with the group. Along jalinsum Lahat-Tebingtinggi some point the location of the sale of endangered animals.

Coordinator of the Indonesian Forum for the Environment (Walhi) Musirawas District Sapar yasa condemn white ape sales (hoop) because its existence was endangered.

He acknowledged, hoops are not yet included in the list of endangered animals, but its existence is now getting squeezed due to reduced forest areas for farming and large estates.

Animals, likes to eat the crops such as beans and other fields as their habitat has been depleted their food.

Same thing with the presence of the tiger habitat has been exhausted and the potential for reduced meals, so when people see you immediately eaten by cattle.

“We call on the Natural Resources Conservation Center (BKSDA) South Sumatra region to secure the animal from extinction,” he said.

UMP Rise, Profit Astra Thinning 9% So Rp8.8 Trillion

PT Astra International Tbk (ASII) earned a net profit of Rp 8.8 trillion in the first half of 2013, the figure fell 9.2% from the previous year’s profit in the same period amounted to Rp 9.7 trillion.

Astra also slowed turnover, from Rp 95.9 trillion in the first six months of 2012 to Rp 94.3 trillion this year. Earnings per share also decreased by 9% to Rp 218 per share.

“Although the outlook remains positive domestic demand, increased competition in the automobile market, the rise in labor costs (Provincial Minimum Wage / UMP) and the decline in commodity prices expected to affect the performance of the business in the second half of this year,” said President Director of Astra International Prijono Sugiarto in press release the company, on Tuesday (30/7/20130.

Astra Group activities focus on six core business lines, namely Automotive Division, Financial Services, Heavy Equipment and Mining, Agribusiness, Infrastructure and Logistics, and Information Technology with the following details: Automotive Division Automotive Division’s net profit fell by 10% to Rp 4, 4 trillion, consisting of Rp 1.9 trillion from the Company and its subsidiaries, as well as Rp 2.5 trillion from associates and jointly controlled entities in the automotive field.

Throughout the first half of 2013, demand for motor vehicles remains high, supported by rising incomes and loan interest rates are still affordable. However, increased competition due to increased domestic production capacity and the high cost of labor has led to decrease in net income contribution from the automotive segment.

Regulatory minimum down payment on auto financing imposed sharia financing for companies since January 1, 2013 and the bank on 1 April 2013, had little impact on the first half performance of the Company. Meanwhile, it is still too early to estimate the impact of rising fuel prices that occurred in late June, the automotive sales.

Total national car sales rose 12% to 602,000 units. Astra’s car sales (Toyota, Daihatsu, Isuzu, UD Trucks and Peugeot) increased 6% to 321,000 units, with a market share decreased from 56% to 53%.

In the first half of Astra launch six new models and eight facelift models. Meanwhile, national motorcycle sales rose 6% to 3.9 million units. Honda motorcycle sales output of PT Astra Honda Motor (AHM) rose 12% to 2.4 million units, with an increase in market share from 57% to 60%. In the first half of 2013, PT Astra Honda Motor launched two new models and five facelift models.

PT Astra Otoparts Tbk (AOP), a company in the field of automotive components, which is 80% owned by the Company, recorded a net profit of Rp 519 billion, down 2%, where 71% is the contribution from associates and jointly controlled entities.

Decrease in net income was primarily due to increased labor costs, although there was an increase in sales in the segment of Original Equipment Manufacturer (OEM) replacement parts and export markets. In the second quarter of Astra Otoparts have to issue new shares amounting to Rp 3 trillion to strengthen its capital structure.

Astra International also has sold 15.7% stake in Astra Otoparts to increase liquidity in the stock market, which results in a transaction value of Rp 2.8 trillion. In April, Astra Otoparts acquire 51% stake in PT Pakoakuina, manufacturer of alloy wheels for four-wheeled vehicles and two-wheeler valued at USD 700 billion by taking all new shares issued.

The government has announced tax incentives aimed at encouraging the production of Low Cost Green Car (LCGC) in the country. Astra Group has products that comply with the government regulations that Astra Toyota Agya and Astra Daihatsu Ayla is expected to begin to be distributed in August with a production capacity of 10,000 units per month.

Division of Financial Services Division of Financial Services Net income increased 19% to Rp 2.1 trillion. Total financing through Astra automotive finance business consisting of Federal International Finance (FIF), Astra Credit Companies (ACC), and Toyota Astra Financial Services (TAFS) increased 6% to Rp 27.8 trillion, including joint financing through bank financing without recourse .

Total weight of equipment financing through PT Surya Artha Nusantara Finance and PT Komatsu Astra Finance fell 42% to Rp 2.6 trillion as a result of declining sales of heavy equipment.

PT Bank Permata Tbk is 44.6% owned by the Company, posted a net profit increase of 15% to Rp 818 billion. Net interest income increased driven by higher loan growth of 27%, despite the increase in operating costs.

PT Asuransi Astra Buana (AAB) subsidiaries engaged in insurance business had a net profit due to higher growth in gross premium income in excess of the increased cost of reinsurance and claims costs.

Heavy Equipment and Mining Division of Net Income and Mining Equipment division fell 24% to Rp 1.4 trillion. PT United Tractors Tbk (UT), which is 59.5% owned by the Company, reported a 25% drop in net income to Rp 2.3 trillion, while net income decreased by 19%.

Business segment net revenue of construction machinery fell 40%, due to lower sales of Komatsu heavy equipment by 42% to 2,452 units. This happens due to decreased demand from the mining sector, especially for large units.

Pamapersada PT Nusantara (PAMA), a subsidiary of mining contractor UT benefited from the increasing mining capacity. PAMA reported net income increased by 12% because the increase in contract coal by 12% to 50 million tonnes of construction and earthmoving contracts (overburden removal) increased 2% to 414 million bcm.

UT subsidiaries in mining reported net income decreased by 44%, which is caused by the decrease in coal sales by 29% to 2.2 million tons. Decline in coal prices and rising fuel prices have a negative impact on net income.

Division Agribusiness Agribusiness Division’s net profit decreased by 25% to Rp 571 billion. PT Astra Agro Lestari Tbk (AAL), which is 79.7% owned by the Company, reported net income of Rp 717 billion.

Although palm oil production increased 11% to 704,000 tons, revenue declined 3% to Rp 5.5 trillion, caused by a decline in the average price of CPO by 16% to Rp 6.638/kg. The decline in revenue is accompanied with the high cost of production and operating costs, resulting in lower net profit.

AAL has started constructing an oil refinery in West Sulawesi, which will change from the crude palm oil plantation in Kalimantan and Sulawesi into olein and stearin. Oil refinery was built at a cost of Rp 750 billion is expected to be operational in early 2014 with a production capacity of 2,000 tons per day.

Infrastructure and Logistics Division Net income Infrastructure and Logistics Division declined by 29% to Rp 223 billion. PT Marga Mandala Sakti (MMS), which operates the toll road operator pathway Tangerang – Merak along 72.5 km, which is 79.3% owned by the Company, noted an increase in the volume of vehicle traffic by 11% to 20 million vehicles. PT PAM Lyonnaise Jaya (PALYJA), a leading provider of clean water in the area west of Jakarta, reported a slight decrease in sales volume of clean water to 78 million m3.

PT Serasi Autoraya (SERA), recorded an increase in revenue, mainly supported by the increasing number of vehicles on contract hire vehicle rental business TRAC 2% with the number of vehicles of more than 31,000 units. The high cost of depreciation and operating costs resulted in decrease in profit by 27% to Rp 97 billion.

Division of Information Technology and Net income and Information Technology Division of Rp 55 billion, up 2% compared to the first half of 2012. PT Astra Graphia Tbk (AG), a company engaged in the field of information technology and the sole agent of Fuji Xerox in Indonesia, which is 76.9% owned by the Company, recorded a net profit of Rp 72 billion, up 2% compared to the same period in ago.

Bank Profit Reaches Rp 8.3 Trillion, Up 16%

PT Bank Mandiri Tbk recorded a net profit of Rp 8.3 trillion in the first half of 2013. This profit rose by 16% from the previous period in 2012.

Bank Mandiri president director Budi G Sadikin explain the increase in net income was driven by the acquisition of translucent increase in operating income of Rp 22.9 trillion, up 17.8% from the previous period in 2013.

“The increase in operating income by 17.8% to Rp 22.9 trillion. Was contributed premium income and net interest, fee-based income.’s Net profit of Rp 8.3 trillion was also supported by the company’s ability to control operating costs at group and subsidiary,” said Budi in the event of public exposure to second-quarter financial report 2013 Plaza Mandiri Bank Mandiri in Jakarta, Monday (07/29/2013).

The bank also recorded credit growth of 22.3% to Rp 428.7 trillion in the second quarter of 2013. That supports the achievement of the Bank’s total assets increased to Rp 672.2 trillion, up 17.6% over the same period last year. Meanwhile, the quality of earning assets also remain well preserved, which looks at the ratio of non-performing loans (NPL) of 0.55% net.

“We are thankful in the midst of intense competition and slowing economic growth, the Bank can continue to show loan growth above market growth. This is one of our commitments to improve access to finance productive country to prosper,” he explained.

The increase in lending occurred in all business segments. The highest growth occurred in the micro segment grew 58.1% to reach Rp 23.9 trillion in the first semester of 2013.

Meanwhile, the credit is channeled to the segment of micro, small and medium enterprises (MSME) recorded a growth of 26.5% to Rp 60.2 trillion.

The bank also helped channel special financing with government guarantee scheme, namely by channeling People’s Business Credit (KUR). Total limit KUR has been disbursed by Bank Mandiri to June 2013 reached Rp 12.2 trillion, which is distributed to more than 237.6 thousand customers.

“Public confidence to Bank Mandiri also higher, as indicated by the increase in third-party funds to Rp 502.4 trillion in June 2013 from Rp 418.2 trillion in June 2012. Saving community continues to grow to Rp 206.6 trillion, up 19 1% over the same period last year, “he added.

Bank Mega Syariah Aims Rp 265 Billion Profit in 2013

PT Bank Mega Syariah perseoran target by 2013 will reach 265 billion USD before taxes. The Company believes it is able to achieve the target.

This was revealed by the President Director of PT Bank Mega Syariah, Benny Witjaksono time press conference at Menara Bank Mega, Capt. Tendean Road, Jakarta (12/4/2013).

“In 2013, we have reached the target grossnya profit at Rp 265 billion, or after tax of Rp 198 billion. Course to secure this we have step by step,” he said.

Benny did not mention what the expansion to be able to achieve these targets. “We have also reached earlier illustrates that God willing will be up,” he added.

The target is higher than the company’s profit after tax in 2012, which reached Rp 184.8 billion. Said to Benny, corporate profits continue to experience positive trends. Characterized by increased earnings in 2012 amounted to 243.2% in 2011 compared to the previous which only reached Rp 53.8 billion.

Furthermore Benny said, profit after tax increased performance company supported by 3 main things. Among them is the better performance of the company, also in terms of business growth.

“First petumbuhan business itself. Both increase employee productivity, the third, we are very successful in controlling operating costs,” he concluded.

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