Author: Yohanes Obor

Wijaya Karya to Pay Dividend Rp137 Billion

Posted by | January 1, 1970 | , | 0 |

JAKARTA (Indonesia Today) – State construction firm PT Wijaya Karya Tbk (WIKA) will pay dividend of Rp137 billion for 2012 fiscal year, or 30% of net profit (Rp457.867 billion). Cum dividend for regular and negotiated markets is scheduled for May 29, 2013 while for cash market scheduled for June 3, 2013. The payment will be made in June 14, 2013 to shareholders recorded at June 3, 2013. WIKA booked net sales of Rp9.82 trillion last year. It targets targets sales to reach Rp15.41 trillion this year and gross profit of Rp1.51 trillion. While net profit is expected to reach Rp555.06 billion. The company targets to book contract of Rp38.87 trillion this year and allocates capital expenditure (capex) of Rp1.78 trillion....

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BNI Q1 Profit Jumps 35.3%

Posted by | January 1, 1970 | , , | 0 |

JAKARTA (Indonesia Today) – PT Bank Negara Indonesia (BNI) Tbk (BBNI) booked net net profit of Rp1.07 trillion in first quarter (Q1) of 2013, jumped 35.3% from Rp1.54 trillion in the same period of 2012. Operating income increased 25.7% to Rp6.52 trillion from previous Rp5.19 trillion, of which non interest income amounted Rp2.23%. Net interest income rose 22.7% to Rp4.29 trillion. Net interest margin was 6.2%. Credits grew by 21.6% to Rp200.50 trillion. It booked third party funds of Rp242.93 billion. BNI targets its third party funds to grow by 16.18% this year....

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IDX Opens Flat, Regional in Green

Posted by | January 1, 1970 | , , | 0 |

JAKARTA (Indonesia Today) – Composite index of the Indonesia Stock Exchange (IDX) opened flat this morning while most markets in region were in green. IDX inched down 0.05% to 4,991.90. Astra International fell 0.68%, Bank Negara Indonesia lost 1.9%, Bank Mandiri declined 0.47%, Bumi Resources dropped 1.45%, Kalbe Farma shed 0.74%, and Telkom lost 2.12%. Among gainers were Aneka Tambang (+0.73%), Malindo Feedmill (+1.82%), Global Mediacom (+1.12%), Garuda Indonesia (+1.64%), Visi Media (+1.75%), Bank Rakyat Indonesia (+0.56%). Nymex’s crude oil declined 0.21% to US$93.44 per barrel in Asian trading this morning....

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Intiland Invest Rp1 Trillion in 1Park Avenue Project

Posted by | January 1, 1970 | , , | 0 |

JAKARTA (Indonesia Today) – Property developer PT Intiland Development Tbk (DILD) invests Rp1 trillion in 1Park Avenue project with 4 towers, located in Kebayoran, South Jakarta. Suhendro Prabowo, DILD’s vice president director and chief operating officer (CFO), said the project aims to target middle to upper consumers. 1Park Avenue project had been launched in early this year with 231 units of apartments (71.2% of total units) sold out. DILD booked net profit of Rp181.32 billion in 2012, grew by 29.5% from Rp140.02 billion in 2011. It booked marketing sales of Rp1.65 trillion, jumped 41.2% from Rp1.17 trillion in 2011. While revenue rose 34.38% to Rp1.26 trillion from previous Rp939.16 billion....

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Hatta Rajasa Acts as Acting Finance Minister

Posted by | January 1, 1970 | , , | 0 |

JAKARTA (Indonesia Today) – President Soesilo Bambang Yudhoyono (SBY) had on Friday (April 19) appointed Coordinating Economic Minister Hatta Rajasa to act as acting finance minister, replacing outgoing Agus Martowardojo. Agus had been appointed as new governor for central bank, Bank Indonesia, replacing Darmin Nasution. Hatta’s extra job has surprised obrservers. “This is strange as the decision was made unexpectedly,” said Tony Prasetiantono as quoted by Bisnis Indonesia. He said Hatta as chairman of a political party will pose such a conflict of interest and have no focus on fiscal issue, ahead of general election. Faisal Basri, an economist, also questions the dismissal of Agus Matrowardojo before Darmin’s tenure ends. “This might be a political reason, instead of fiscal issue,” he said....

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