Author: Bahrul Qamar

Astra Otoparts’ Profit Drops 72.7%

JAKARTA (Yosefardi) – Automotive component producer PT Astra Otoparts Tbk (AUTO) booked net profit of Rp143 billion in the first half of this year, dropped 72.7% from Rp526 billion in the same period of last year. Net profit margin was 2.7%, compared to 7.3% in first half of 2014. Revenues declined 8.1% to Rp5.72 trillion from previous Rp6.23 trillion. Operating profit fell 10.6% to Rp161 billion from earlier Rp302 billion. Operating profit margin was 2.8%, compared to 4.9% in first half of 2014. Its assets reached Rp14.4 trillion while liability amounted Rp4.4 trillion. AUTO has in July 2, 2015...

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Garuda Books Profit $29.3 Million in First Half

JAKARTA (Yosefardi) – Flag carrier PT Garuda Indonesia Tbk (GIAA) booked net profit of US$29.3 million in the first half of this year, against loss of US$201.3 million in the same period of last year. Net profit margin was 1.5%. Revenues grew by 5.2% to US$1.85 billion from previous US$1.75 billion. It recorded operating profit of US$77.54 million, against loss of US$235.9 million in the first half of 2014. Operating profit margin was 4.2%. Its assets reached US$3.2 billion while liability amounted US$2.32 billion. GIAA expects to transport 25 million passengers this year, an increase of almost 22% from...

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LEN Industri Posts 33.4% Profit Decline

JAKARTA (Yosefardi) – State-owned electronics maker PT LEN Industri booked net profit attributable to equity of Rp48 billion in 2014, fell 33.4% from Rp71 billion in 2013. Revenues rose 2.1% to Rp2.1 trillion from previous Rp2.06 trillion but operating profit dropped 41.7% to Rp103 billion from earlier Rp176 billion. Its assets reached Rp2.26 trillion while liability amounted Rp1.88 trillion. Liability to equity was 44.2% while net profit margin was minus...

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BPJS Kesehatan Books Profit Rp1.07 Trillion

JAKARTA (Yosefardi) – Social security agency called BPJS Kesehatan booked net profit of Rp1.07 trillion in 2014 on revenues of Rp2.477 trillion. Its assets reached Rp10.73 trillion as of January 2015 while liability amounted Rp1.08 trillion. BPJS Kesehatan operated in 2014, formerly known as PT Askes Persero (1992 – 2013). It reported 56% drop in short term investment to Rplast year and 8.8% decline in long term investment. But cash and cash equivalent jumped by sevenfold. BPJS Kesehatan targets to cover up to 257.5 million people for health services and insurances by 2019, from 92 million services of coverage in 2014. BPJS Kesehatan allocated Rp43.65 trillion for its health services during 2014, 30-40% of which was spent for...

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PTPN IV & VI Post Profit Growth, PTPN III & X Decline

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) IV booked net profit of Rp750 billion in 2014, grew by 74.2% from Rp430.7 billion in 2013. Revenues rose 17.1% to Rp6.32 trillion from previous Rp5.4 trillion. Its assets reached Rp10.9 trillion while liability amounted Rp5.61 trillion. State plantation firm PT Perkebunan Nusantara (PTPN) VI also posted net profit of Rp87 billion last year, grew by 40.1% from previous year, while revenue declined 2.1% to Rp2.29 trillion. Meanwhile, state plantation firm PT Perkebunan Nusantara (PTPN) III booked net profit of Rp676 billion in 2014, fell 46.1% from Rp1.25 trillion in 2013. Its revenues however rose 2.5% to Rp39.52 trillion from earlier Rp38.55 trillion. Operating profit declined 12.9% to Rp2.64 trillion from previous Rp3.03 trillion. Its assets reached Rp65.67 trillion while liability amounted Rp44.88 trillion. State plantation firm PT Perkebunan Nusantara (PTPN) X also reported 78.9% profit drop to Rp27 billion in 2014 as revenue fell 20.3% to Rp1.89...

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