Mobile sales Selling Well, Tiphone Gets Rp 129 Billion Profit

PT Tiphone Mobile Indonesia Tbk (TELE) posted a net profit of Rp 129.3 billion in the first half of 2013, an increase of 63% compared to the same period last year to Rp 79.5 billion. The profit increase was triggered by increased revenues of the Company which reached Rp 4.49 trillion, an increase of 36% over the same period last year of Rp 3.3 trillion.

Of the total revenues, approximately 84% was contributed sales of mobile voucher of Rp 3.79 trillion, up 27% compared to the same period last year to Rp 2.98 trillion.

While handset sales reached Rp 654.6 billion, which accounted for approximately 14% of total revenue. Contribution of this handset revenue jumped 125% over the same period last year which was only Rp 291.3 billion.

Tiphone Director Tan Pin Lie said the increase in revenues from handset sales this significant is the impact of the company’s focus on developing a smartphone outlet network in collaboration with global vendors, such as Samsung Mobile and LG Mobile.

“In the first quarter and second quarter of this year, the Company aggressively developing a distribution network for smartphone products in collaboration with several global vendors, such as Samsung and LG. Past June, we have also been designated as a national authorized dealer of LG Mobile.’s Contributed to
growth in revenue from the handset sector, “Tan said in a press release on Thursday (08/01/2013).

In the past year, sales of handsets only contributes about 10% of the revenues of the Company. This year, the Company plans to increase the revenue contribution of 30% of the handset.

In early July, the company completed the acquisition of an importer and distributor of iPhone, PT Mitra Telecommunications Cellular, thus Tiphone position as an importer and distributor that will distribute the product to Apple Premium Reseller and other retailers across Indonesia.

With this acquisition, the company hopes to increase sales of handsets, especially the iPhone and iPad for 5-10% of total revenue, or about 20-30% of total handset sales.

IPhone sales are also working in bundling with operator PT Telekomunikasi Cellular (Telkomsel). Previously, the company also has teamed up with Samsung Mobile, by establishing outlets Samsung Experiential Shop.

Astra Print Profit of Rp 4.3 trillion, Thinning 7%

PT Astra International Tbk (ASII) recorded a profit of Rp 4.3 trillion at the end of March 2013. Thinning profit 7% of the acquisition of the same period of the previous year of Rp 4.6 trillion.

The fall in profit was in line with the Astra stagnanya Astra turnover alias net income in the first quarter of 2013 amounted to Rp 46.7 trillion, edged up 1% compared to the same period in 2012 of Rp 46.4 trillion.

“Indonesia’s economic outlook remains positive, although in the short term gains Astra will be affected by rising labor costs, weakening commodity prices, competition in the automotive industry and the impact of regulations on the minimum down payment auto financing sharia,” said President Director of Astra International Prijono Sugiarto in press release, Wednesday (24/04/2013).

Astra Group activities focus on six core business lines, namely Automotive Division, Financial Services, Heavy Equipment and Mining, Agribusiness, Infrastructure and Logistics, and Information Technology with the following details.

Automotive Division’s net profit fell by 10% to Rp 2.2 trillion, consisting of Rp 1 trillion from the Company and its subsidiaries, as well as the contribution from associates and jointly controlled entities in the automotive field of Rp 1.2 trillion.

Throughout the first quarter of 2013, demand for motor vehicles remains high, mainly supported by rising incomes and borrowing rates are affordable. However, increased competition due to increased domestic production capacity and rising labor costs have led to a reduction of the net profit contribution of automotive segments. This condition is expected to continue in the second quarter.

Regulatory minimum down payment on auto financing imposed sharia financing for companies since January 1, 2013 and applies in the bank on 1 April 2013, had little impact on the performance of the first quarter. The new regulation is expected to have an impact on the motorbike sales in the first half.

Total national car sales increased 18% to 296,000 units. Astra’s car sales (Toyota, Daihatsu, Isuzu, UD Trucks and Peugeot) increased 7% to 155,000 units, with a market share of 52%. In the first quarter Astra launched three new models and five facelift models.

Astra Daihatsu Motor has completed construction of a new factory in Karawang with a total production capacity of 120,000 units per year, so overall production capacity to reach 460,000 units per year.

While the national motorcycle sales rose 2% to 2 million units. Honda motorcycle sales output of PT Astra Honda Motor (AHM) rose 14% to 1.2 million units, with an increase in market share from 55% to 62%.

Throughout the first quarter of 2013, PT Astra Honda Motor launched two new models and four models facelift. PT Astra Honda Motor has increased the production capacity for sport type motorcycle from 900 units to 1,300 units per day.

PT Astra Otoparts Tbk (AOP), component manufacturing company in which 95.7% owned by the Company, recorded a net profit of Rp 267 billion, an increase of 2%, where 71% is the contribution from associates and jointly controlled entities. 11% increase in revenues eroded by rising labor costs.

Division of Financial Services net profit rose 23% to Rp 1 trillion. Total financing through Astra automotive finance business consisting of Federal International Finance (FIF), Astra Credit Companies (ACC), and Toyota Astra Financial Services (TAFS) grew 6% to Rp 13.2 trillion, including joint financing through bank financing without recourse .

Total weight of equipment financing through PT Surya Artha Nusantara Finance and PT Komatsu Astra Finance fell 40% to Rp 1.3 trillion. PT Bank Permata Tbk is 44.6% owned by the Company, posted a net profit of Rp 356 billion, an increase of 7%. Net interest income increased driven by higher loan growth by 36%, despite the increase in operating costs.

PT Asuransi Astra Buana (AAB) subsidiaries engaged in insurance business had a net profit due to higher growth in gross premium income in excess payment of reinsurance and claims costs are high.

Net income and Mining Equipment division fell 26% to Rp 0.7 trillion. PT United Tractors Tbk (UT), which is 59.5% owned by the Company, reported a 26% drop in net income to Rp 1.1 trillion, while net income decreased by 17%.

Business segment net revenue of construction machinery fell 42%, due to lower sales of Komatsu heavy equipment by 42% to 1,272 units. This happens due to decreased demand from the mining sector, especially for large units. Although when compared with the final quarter of 2012, unit sales increased by 70%.

Pamapersada PT Nusantara (PAMA), a subsidiary of UT in the field of coal mining contractor posted a net income increase of 19%, in line with the increase in coal production by 12% to 24 million tons and increase soil removal work (overburden removal) by 3% to 199 million bcm. Good performance was driven by increased mining capacity and good weather conditions.

UT subsidiaries in mining reported net income decreased by 36%, which is caused by the decrease in coal sales by 23% to 1.2 million tons. Decline in coal prices and rising fuel prices have a negative impact on gross profit margin.
Agribusiness Division’s net profit decreased by 6% to Rp 0.3 trillion. PT Astra Agro Lestari Tbk (AALI), which is 79.7% owned by the Company, reported net income of Rp 356 billion.

Palm oil production increased 22% to 352,000 tonnes, which resulted in increased revenue by 6% to Rp 2.7 trillion, although compared to the first quarter of 2012 the average CPO price decreased 16% to Rp 6.464/kg. Overall net income decreased, due to the high cost of production and operational costs.

Net income Infrastructure and Logistics Division declined by 19% to Rp 124 billion. PT Marga Mandala Sakti (MMS), which operates the toll road operator pathway Tangerang – Merak along 72.5 km, which is 79.3% owned by the Company, noted an increase in the volume of vehicle traffic by 10% to 10 million vehicles.

PT PAM Lyonnaise Jaya (PALYJA), a leading provider of clean water in the area west of Jakarta, reported a decline in water sales volume by 3% to 37 million m3. PT Serasi Autoraya (SERA), recorded an increase in revenue, mainly supported by the increasing number of vehicles on lease contracts TRAC vehicle rental business by 6% by the number of vehicles of more than 31,000 units. The high cost of depreciation and operating costs lead to lower net income compared to the first quarter of 2012.

Net income and Information Technology Division of Rp 20 billion, down 22% compared to the first quarter of 2012. PT Astra Graphia Tbk (AG), a company engaged in the field of information technology and the sole agent of Fuji Xerox in Indonesia, which is 76.9% owned by the Company, recorded a net profit of Rp 26 billion.

China Industrial Profits Reach Rp 820 trillion as of June

China’s industrial profit growth slowed in June, because the country’s economy will weaken, rising costs, and the price of goods down because demand is growing moderately.

Based on data released by the Bureau of Statistics of China, on Friday (26/07/2013) net income of Chinese companies rose 6.3 percent (year on year / yoy) to 502.4 billion yuan (82 billion U.S. dollars, or Rp 820 trillion) . Growth is lower when compared to the previous month to reach 8.8 percent.

Stock markets in China also fell for the third time on the same day, in response to low growth in manufacturing, after the Chinese government reduce its 19 capacity to trim excess supply causes the price to drop.

At the same time, China’s National Council has also offered limited support through acceleration of railway construction, tax cuts for small businesses and cut export costs.

“In terms of policy, the most obvious thing is there is no economic stimulus package in China,” Zhu Haibin, an economist at JPMorgan Chase & Co., Which is based in China.

According to him, the Chinese government is now trying to formulate fiscal policy to be more effective at reducing the administrative expenditure.

Meanwhile, on the monetary side, the Chinese central bank is trying to boost credit directly channeled to the real sector.

Suzuki Sales 3.8 Times National Market Growth

Suzuki’s total sales in the first six months of this year has increased 40 percent when compared to the first six months of last year. Endro Nugroho, Director of Marketing 4W Suzuki Indomobil Sales, said that the growth in wholesale sales or from factory to dealer.
However, the car market in Indonesia in the first six months of this year compared to the first six months of last year recorded only a 12 per cent. Thus, in percentage, Suzuki sales figures many times of what is recorded in the market.
“The car market in Indonesia in the first six months of this year compared to the first six months of last year it only grew by 12 percent. So, this Suzuki grow about 3.8 times that of the growth of the market,” said Endro.
Sales of Suzuki four-wheel for total sales in the period June 2013 as many as 15 578 units (wholesale) and 13 778 units for retail sales or from the dealer to the consumer.
Through this figure, sales of Suzuki four-wheel drive to be the highest in semester-I in the year 2013 or for the period of January-June 2013. The total sales of Suzuki four-wheel-first semester 2013 was 75,425 units.
Of that total, Suzuki Ertiga MPV is ranked top in the biggest contribution Suzuki vehicle sales. For June, sales of 6,555 units or 42.1 percent of total sales in the month.
The second rank is occupied by Suzuki Carry Futura 1.5 for modelkomersial or commercial and passenger models. Sales figure of 4,664 units or 29.9 percent of total sales.
The next position is filled by Suzuki APV for passenger cars and commercial models (Mega Carry) with the number 3,241 units or 18.6 percent of the total.

Sales Down, Era Jaya Net Profit Drops 39.9 Percent

Erajaya Swasembada Tbk PT (ERAA), a listed retail distributor of mobile phones, reported a net profit in the first half of 2013 fell 39.9 percent from the same period a year earlier. Net income fell from Rp 212.4 billion in Semester 1 2012 to Rp 129.8 billion in Semester 1 2013.
Djatmiko Ward, Director of Marketing and Communications Erajaya, said the decline in net income was due to the decreased net sales of Rp 6.4 trillion to Rp 5.9 trillion in the first semester of 2013. Sales decreased due to sales of mobile phones fell from 5.2 million to 4.9 million in the first half of 2013.
“Sales of mobile phones and tablets from the company recorded 88.1 percent of net sales, sales fell to Rp 5.2 trillion from net sales of Rp 5.9 trillion in the first half of 2012, net income decreased as a result,” he said in Jakarta on Wednesday (31/07/2013).
This gives the effect of the sale of product sales boom era. So kontribursi such as through vouchers, computers and electronics segment, as well as accessories segment is not able to increase the company’s revenue.
Vouchers 489.6 billion recorded in the first half of 2013 up from 397.6 billion in the first half of 2012. While computers and computer equipment segment recorded sales of 129.6 billion in the first half of 2013. And accessories segment recorded an increase of 89.7 billion from the 1st half of 2012 amounted to 12.5 billion.
A result of the drop in sales was also lower pre-tax profit (EBITDA) of the company on the 1st half of 2013 were down 37.2 percent to Rp 180.5 billion in EBITDA than in the 1st half 2013 that reached Rp 287.1 billion.

Batik entrepreneurs Complaining Export Difficulties

Batik entrepreneurs of small and medium scale industries in Surakarta complain of difficulty for export. Difficulties due to the high export standards applied by the government, such as production standards, labels, and hospitable environment. To meet the standards, the costs are also not small.
»What we regret, government implement high standards and difficult to batik to be exported. Though Indonesian batik, “said the owner of batik Lor Market Ing, Widhiarso, as marketing strategy discussions batik in the international market at the Islamic University of Batik (UNIBA) Surakarta, Tuesday, July 30, 2013.
On the other hand, the government seemed to ease the entry of goods imported into Indonesia. As a result, Indonesia is controlled by imported products, including batik textiles. “Unfortunately, our society is happy with smelling product imports.”
He asked the government to facilitate the export process for batik. As a cultural heritage of Indonesia, batik role introduced and became an icon of Indonesia in the international world. He admitted during the batik entrepreneurs, especially in the village of batik Laweyan, have attempted to adjust to the foreign buyer. For example about the style, quality, and environmentally friendly production processes. According to him, the government rules actually hinder exports.
Other batik entrepreneurs, Achmad Soelaiman, said other challenges batik exports come from the country of destination. As in Malaysia which forbids existing Indonesian batik products into the country. »The goal is to protect their batik industry based in Terengganu and Kelantan,” said Puspa Kencana batik owners.
For that, he tried to outsmart by offering a white cloth as raw material of batik in Malaysia. Malaysian batik entrepreneurs usually bring a white cloth from Thailand and China.
Having established the business long enough, eventually he gained the confidence to produce Malaysian batik in Indonesia. »Then exported to Malaysia,” he said. He added, Laweyan batik entrepreneurs actually start exporting batik since the 1970s, although the numbers are limited.
Lecturer UNIBA Surakarta, Siti Endang Rahayu, said sales of batik Laweyan quite encouraging. To prevail in the international market, he advises entrepreneurs batik attention to culture in the country of destination, the efficiency of the production process to improve competitiveness, and look at the rules. For example, should not be using a mixture of certain ingredients in the production process.

Up turnover, Kalbe Farma Gets Rp 922 Billion Profit

Net income of PT Kalbe Farma Tbk (KLBF) rose 14.2% in the first half of 2013 to Rp 922 billion. The rise in profits was driven significant sales growth.

In line with net income, earnings per share also increased to Rp 20 per share from Rp 17 per share. While net sales grew by 18.9% to Rp 7.421 trillion from Rp 6.244 trillion in the same period in 2012.

“Despite rising inflation, we see the demand for pharmaceutical products, consumer health and nutrition products can last up to the first half of 2013,” said Chief Financial Officer and Corporate Secretary Kalbe Vidjongtius in a press release on Wednesday (31/07/2013).

Gross profit increased by 18.3% to Rp 3,623 billion, in line with sales growth. The ratio of gross profit to sales decreased 0.3% to 48.8% from 49.1% in the first half of last year, among others, due to the impact of the depreciation of Rupiah and change the composition of the business.

“We remain wary of the rupiah and anticipate continued volatility in the short term and their impact on the Company’s margins. Nevertheless, we remain confident of achieving the target this year,” he said.

Prescription Drug Division recorded net sales of Rp 1,887 trillion, up 18.1%, driven mainly by volume growth. Prescription Drug division contributed 25% to total net sales.

Health Division recorded growth of 19% to net sales of Rp 1,194 trillion. Health Division contributed 16% to total sales

Nutrition Division maintains the momentum achieved net sales of USD 1.759 trillion, an increase of 32.1% over the same period in 2012. Nutrition division now contributes 24% to total sales.

Distribution and Logistics division grew 11.6% to reach sales of Rp 2,581 billion. Distribution and Logistics division contributed 35% to total net sales, down from 37% in the first half of 2012.

Bank Profit Up 26%, Reaches Rp 4.3 Trillion

PT Bank Mandiri (Persero) Tbk managed to earn net profit of Rp 4.3 trillion in the first quarter of 2013. The net profit, up 26.4% from the same period in 2012.

Bank Mandiri president director Budi Gunadi Sadikin said, this positive performance, backed by the credit of Rp 392 trillion through the first quarter, growing 19.7% from the previous period amounted to 327.2 billion.

“Our achievement today is a welcome development. Bank lending, especially to the micro segment, which continues to show improvement, is a realization of our commitment to improve public access in various parts of Indonesia to finance productive,” said Budi time exposure Quarter Financial Statements 2013 in the Plaza Bank Mandiri Jakarta, Monday (04/29/2013).

Budi explained, loan growth occurred in all business segments, particularly in the sector of micro, small and medium enterprises. At the micro segment increased lending by 58.1% from Rp 13.1 trillion to Rp 20.7 trillion in the first quarter of 2013.

“This is in line with the credit growth, the number of micro credit customers also increased from 208.5 thousand to over 327 thousand customers. Meanwhile, credit to the segment of micro, small and medium enterprises (SMEs) grew 46.6% to Rp 55, 6 trillion, “he added.

Mandiri also noted, raising funds from a third party which reached Rp 467 trillion, up from the previous period are valued at Rp 404 trillion. Of these, low-cost funds such as checking and savings amounted to Rp 290 trillion, up 18.7% from the previous position of Rp 244 trillion. Mandiri also had total assets of Rp 641 trillion, up 17.1% over the same period last year. As for the ratio of non-performing loans (NPL) net Mandiri, remained low at the level of 0.57%.

The story of Home Based Entrepreneurs Raup Turnover Pastries Rp 1 Billion At Eid

As usual, the annual event and Eid Fasting brings blessings to the home pastry manufacturers, such as Kampung Utami Donuts (DKU).

Starting from selling donuts round in the villages and schools, Rosidah Widya Utami DKU brand owner managed businesses manage cookies ‘kampung’ upscale flavor.

Rosidah always flooded with orders. Unmitigated, in this year’s Lebaran turnover pastries home to break out over USD 1 billion.

“If fasting and Eid sales rose dramatically. Turnover can be up more than Rp 1 billion, last year turnover is USD 500 million. Fasting and Eid bring blessings yes, working 2 months of the results could be eaten for 2 years,” said Rosidah to detikFinance, in Jakarta, Sunday (08/11/2013).

According Rosidah, pastry production is now sold out the public interest. Not only from Jakarta and surrounding areas, dry cake which is produced in Jombang, East Java, has been extended to Kalimantan and Sumatra.

“The biggest demand of Jakarta and its surroundings, then followed from Borneo and Sumatra,” he said.

So many orders, he had to help workers to meet consumer demand. Today, the home-based business is owned Rosida join assisted at least 40 employees.

It turned out pretty itutidak aid workers. Without meaning to reject, Rosidah forced to ‘take off’ orders up to 30% of the total demand amounting to Rp 300 million to Rp 400 million.

“A lot of orders to the extent not kepegang. Approximately 30% of orders are not handled so many, could be worth up to Rp 300 million to Rp 400 million was missing. Peak right at H-7 yes but 3 weeks before Eid we’ve stop receiving orders due to demand overload occurs there, “he explained.

According Rosidah, retaining customers is the key to providing the best service and quality.

Taxi Express Gets Rp 60 Billion Profit, Grow 54%

Is ground transportation services brand Express, Express Transindo Main Tbk PT (TAXI) earned a net profit of Rp 60.5 billion. The amount of net income increased 54% when compared to net income in the same period in 2012 amounting to Rp 39 billion. This achievement exceeded the company’s target of Rp 59 billion.

The rise in net profit driven by the acquisition of the company’s total revenue per June 30, 2013 which reached Rp 331.3 billion, an increase of 40% when compared to the same period of the previous year of Rp 237 billion.

“The Company’s financial performance this semester boast, revenue growth and significant earnings thanks to the success and efficiency of the Company’s expansion strategy, in addition to our success was due to maintaining the quality of service,” said Chief Financial Officer Taxi Express David Santoso in a press release, in Jakarta, Friday (2 / 8/2013).

He said the biggest contribution is still dominated by regular taxi which reached 84%. The rest of the Business Value Added Business Transportation Limousine dominated by vehicles that are in Bali, Lombok, Bandung and Jakarta.

Express regular cab fleet itself which operates to this day more than 8,800 units, which is targeted to reach 10 035 units by year-end.

“This year we expect to be able to add to our regular fleet of 2,000 units,” added David.

For this year, he said, the company aims to add 5 new pool in the area Jadetabek.

According to him, from the target, the Company has been getting 3 new locations for the pool. The Company is currently looking for a location for a second pool. Indeed most current pool still in Jadetabek. In addition to the Jadetabek, Express Group also has a pool in the other areas, namely in Bali, Lombok, Medan, Surabaya and Semarang.

Meanwhile, with regard to the new tariff set Express Group, David explained that it does not affect the Company’s financial.

This is because the Express Group implemented a partnership scheme with the driver, so that the new tariff solely to adjust the driver’s income and maintain the welfare of each individual driver’s partner.

While the driver of the Company’s partners deposit value remained elevated and did not participate. “We will continue to focus on improving service to our customers. We are confident in the consistency of the Company’s future financial performance has continued to increase, especially taxi business in Indonesia is very potential, “he explained.