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 the Bank from Medan, North Sumatra has disbursed loans amounting to Rp 5.1 trillion to Rp 1.4 trillion disbursed details for working capital.

“Approximately 30% of the company disbursed loans to the SME sector. Remainder distributed to consumers, including mortgages and corporate,” Achmad said when met at the House Energy, Jakarta, Wednesday (06/19/2013).

He said the company also plans to open a branch office in the area of ​​Jambi, Jakarta, Tanjung Pinang, and Jabodetabek, but currently only one branch which has obtained permission from the regulator, which in Jambi.

“Bank Mestika seek middle branch offices in other locations, namely Jakarta, Tanjung Pinang, and Greater Jakarta,” he said.

With the addition of the branch offices, Achmad targets a net profit of Rp 291 billion at the end of 2013, up 8.8 percent.

Throughout 2012, the company has collected deposits (deposits) amounted to Rp 5.4 trillion to Rp 2.98 trillion composition is saving, Rp 706 billion in demand deposits and time deposits remaining. The company targets increase in deposits during the year amounted to Rp 6.3 trillion.

Assets of the company until the end of 2012 reached Rp 7.3 trillion and is targeted to increase to Rp 8.4 trillion this year. Asset growth was driven by the addition of the company’s branch offices.

“Now we have 10 branches, 44 sub-branches, cash offices and 6 are located in Sumatra and Java,” he said.

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 4 million to $ 6 million from 20 various cake box. Within a day it provides 2,500 fruit cake.

“Depending on the weather, too, if it rains deserted. Could day was to Rp 6 million at the most,” he said in Benhil Market, Sunday (28/07/2013).

The usual traders opening cake wares at the market this morning Blok M later admitted it had been four years, every month of Ramadhan he was selling at the Market Benhil Ramadan. For a rental fee to sell, he must reach “pockets” of Rp 2.5 million for a per table for a month, and he opened the two tables.

“The cake buy direct so, yes he could have said a week had a turnover-lah,” he said.

Herdian risol sell cake-like sausage, fried martabak, pastel to a variety of other fried foods. For the unit cost, Herdian sell at a price of Rp 2,000 to Rp 3,000 rupiah.

Meanwhile, by selling typical cuisine of Padang, Ika Friastuti say in a month to sell, he can earn Rp 5 million to $ 7 million per day.

For a side dish of fruit he sells, valued diverse, ranging from Rp 4,000 to Rp 15,000. Like cakes that are sold for Rp 4,000 per piece, rendang, beef jerky, lung sold Rp 10,000 to Rp 15,000 for head snapper.

In addition, Ika also sells for Rp 20,000 package, which contains rice and sauce with potato cakes or dengdeng or lung or rendang.

“The day I take 150 to 200 for a single dish. Approximately 4,000 lah I take a day,” said a trader at the market daily selling this Majestik.

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 amounting to Rp3, 04 trillion.

As for the company’s direct expenses decreased to Rp1, 31 trillion, compared with the previous Rp1, 45 trillion. While the company’s gross profit increased to Rp1, 81 trillion compared to the previous period in 2012 amounted to Rp1, 59 trillion. Comprehensive income also rose to Rp969 billion compared to the previous amount of Rp849 billion.

Cash and cash equivalents per the company’s June 30, 2013 amounted to Rp381 billion from Rp809 billion for the previous. The company’s total current assets as at 30 June Rp 7, 88 trillion compared to December 31, 2012 amounting to Rp 6, 76 trillion. The amount of non-current assets by June 30, 2013 amounted to Rp2, 37 trillion from Rp2, 19 trillion.

The company’s total current liabilities per June 30, 2013 amounted to Rp2, 36 trillion compared to December 31, 2012 amounted to Rp1, 25 trillion. Long-term liabilities the company June 30, 2013 amounted to Rp291 billion compared to December 31, 2012 amounted to Rp413 billion.

While the total equity of the company June 30, 2013 amounted to Rp 7, 60 trillion, compared with the previous December 31, 2012 amounting to Rp 7, 29 trillion.

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.