by Yohanes Obor | Aug 5, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT BISI International Tbk plans to expand to India next year, to build seed factory which will cost Rp50 billion. BISI sells seed valuing US$5 million, equivalent Rp65 billion per year. In Asia, the import of seeds are largerly from China...
by Yohanes Obor | Aug 5, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Indonesia Eximbank, state export financing firm, plans to issue bonds worth Rp4.33 trillion, used to fund its export financing. The bond offering is scheduled for August 19-22, 2016. The bonds will be issued in 3 series with tenor of 370...
by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Nusantara Infrastructure Tbk (META) posted net profit of Rp170 billion in first half (H1) of 2016, jumped 45% from the same period of 2015. Revenues and sales rose 25.6% to Rp324 billion, consisting of revenues from toll roads amounting...
by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Tri Banyan Tirta TBk (ALTO) posted net profit of Rp1.6 billion in first half of 2016, against loss of Rp11.2 billion in the same period of 2015. Sales rose 28% to Rp167.16 billion. Sales of water in packaging increased 9.6% to Rp68.53...
by Yohanes Obor | Aug 4, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – State construction frim PT Wijaya Karya Tbk (WIKA) revises up its profit target for this year, to 25.3% growth, to Rp940 billion from initial target of Rp750 billion profit. Compared to 2015’s profit (Rp625 billion), the profit target...
by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Shipping firm PT Soechi Lines Tbk (SOCI) plans to convert all its rupiah debt into dollar, aiming to minimise impact from currency fluctuation and avoiding foreign exchange (forex) loss. The appreciation of rupiah has led SOCI to suffer...