Author: Bahrul Qamar

CIMB Group Posts 39.3% Profit Drop

Posted by | September 2, 2015 | , , | 0 |

JAKARTA (Yosefadi) – CIMB Group Holdings Berhad posted net profit of RM1.24 billion in the first half of 2015, dropped 39.3% from RM2.04 billion in the corresponding period of 2014. Net interest income increased 5.13% to RM4.46 billion from previous RM4.24 billion. While profit before allowances declined 6.57% to RM2.73 billion from earlier RM2.92 billion. Its assets reached RM443.18 billion while liability amounted RM403.4 billion. The group’s equity was RM39.75 billion....

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Dian Swastatika Suffers $12.35 Million Loss

Posted by | September 1, 2015 | , , | 0 |

JAKARTA (Yosefardi) – As coal business on its bearish, PT Dian Swastatika Sentosa Tbk (DSSA), unit of Sinar Mas Group, suffered loss of US$12.35 million in the first half of 2015, against US$9.28 million profit in the corresponding period of 2014. Revenues declined 21.4% to US$235.7 million from previous US$300 million. Operating profit dropped to US$1.96 million from earlier US$7.42 million. Its assets reached US$1.5 billion while liability amounted US$650 million. DSSA targets 10% growth for profit and revenue this year. It targets to book revenue of US$660 million this year, compared to US$599 million last year. DSSA booked net profit of US$8.8 million in 2014....

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Krakatau Steel’s Loss Expands to $137.6 Million

Krakatau Steel’s Loss Expands to $137.6 Million

Posted by | September 1, 2015 | , , , | 0 |

JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) suffered loss of US$137.6 million in the first half of 2015, expanded from loss US$91.19 million in the corresponding period of 2014. Revenues declined 25.5% to US$677.24 million from previous US$909.2 million. Operating loss expanded 33.5% to US$107.4 million from earlier US$33.52 million loss. Its assets reached US$2.52 billion while liability amounted US$1.79 billion. Its equity totaled US$734.15 billion, then liability to equity ratio was 244%....

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Tower Bersama Posts 14.2% Profit Decline

Tower Bersama Posts 14.2% Profit Decline

Posted by | September 1, 2015 | , , , | 0 |

JAKARTA (Yosefardi) – Tower operator PT Tower Bersama Infrastructure Tbk (TBIG) booked net profit of Rp598 billion in the first half of 2015, declined 14.2% from Rp697 billion in the corresponding period of 2014. Revenue fell 5.75% to Rp1.67 trillion from previous Rp1.58 trillion. Operating profit rose 8.7% to Rp1.31 trillion from earlier Rp1.2 trillion. But other expenses jumped 54% to Rp702 billion from Rp455.5 billion in the first half of 2014. Financial expenses rose 34.3% to Rp657 billion from Rp489.4 billion a previous year. TBIG’s assets reached Rp23 trillion while liability amounted Rp18.85 trillion. It has cash and...

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BPUI Posts 27.1% Profit Decline

Posted by | September 1, 2015 | , , | 0 |

JAKARTA (Yosefardi) – State-owned PT Bahana Pembinaan Usaha Indonesia (BPUI) booked net profit of Rp78 billion in the first half of 2015, dropped 27.1% from Rp107 billion in the corresponding period of 2014. Net profit margin was 26.4%. Revenues fell 53.5% to Rp295 billion from previous Rp634 billion. Operating profit dropped 83.6% to Rp18 billion from earlier Rp109 billion. Operating profit margin was 6%. Its assets totaled Rp3.9 trillion while liability amounted Rp3.28 trillion. Equity reached Rp669 billion, then liability to equity ratio was 490%. BPUI has 4 subsidiaries; securities firm PT Bahana Securities, PT Bahana TCW Investment Management, PT. Bahana Artha Ventura (BAV), and PT. Graha Niaga Tata Utama. Bahana TCW Investment Management (Bahana TCW) is joint venture with Trust Company of the West (TCW), a Los Angeles-based reputable investment management company....

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