Only Slightly Up 2%, Profit Sampoerna Rp 5 trillion

PT HM Sampoerna Tbk (HMSP) reported a net profit of Rp 5.01 trillion in the semester 1-2013, higher than the Rp 4.88 trillion in the first half of 2012. Profits rose thanks to the company’s turnover also grew.

Revenues or net sales reached Rp 36.2 trillion in the first half of 2013, up from Rp 31.89 trillion in the same period in 2012.

“Sampoerna show high sales volume growth, driven by the performance of the segment of low-tar low-nicotine. SKT segment is still performing well as evidenced by our investment in the new plant in Jember, “said President Director of Sampoerna Paul Janelle in a press release on Thursday (01/08/2013).

Sampoerna record market share of 36.1% in the second quarter of 2013, up 0.9 points from the same period in 2012.

In the first half of this year, Sampoerna has donated taxes (including excise tobacco products) amounted to Rp 20.9 trillion, up 14.9%, from Rp 18.2 trillion in the same period in 2012.

Bicycle merchant turnover increased

Coming to commemorate the anniversary of independence of the Republic of Indonesia (Independence Day), turnover bike trader in the Market Development Pangkalpinang increased 30 percent, due to increased demand for bicycles.

It is the custom every year to commemorate the anniversary of Independence of the Republic of Indonesia held a parade cycling ornamental, “said A Kim, traders in the Market Development Pangkalpinang bike on Sunday.

He explained that the demand for bicycles of various sizes up to 5 to 8 units a day, when compared to previously only 2 to 3 units a day, even during the day there is nothing to sell at all.

“Currently bike trader turnover reached Rp1 million to R1, 5 million per day, compared to 300 thousand previously only Rp500 thousand per day,” he said.

He said the current demand is dominated by bikes bikes for children and young women, while for men a little less, “he said.

Meanwhile, the price varies depending on the size of the bike and the brand price offered is around Rp500 thousand per unit up to Rp1 million per unit.

According to him, the increasing demand for bicycles is only temporary because after Independence Day typically requests again deserted.

“People prefer to use motorcycles instead of using a bicycle dikayuh, with cycling when our bodies to be healthy and free of pollution,” he said.

Hardi, other bicycle traders said, ahead of the Independence Day bike trader harvest due to increased sales of bicycles so that merchant turnover increased.

“Sales of bicycles on Independence Day is almost every year there is an increase, but after that, sales declined again, because there is still low awareness for cycling,” he said.

“I just hope the bike demands a typical day could continue to rise, so the bike stable income traders,” he hoped.

Gets Pinasthika Profit Partners Rp 248 Billion, Up 36%

Net profit of the company-owned automotive parts Uno Uno, PT Mustika Pinasthika Mitra Tbk (MPMX) reached Rp 248.33 billion in the first half of 2013, growing 36.2% over the same period last year periodeyang Rp 182.31 miiliar.

In addition, the company also recorded a net income of Rp 6.78 trillion, up 31% from the same period in 2012 amounted to Rp 5.18 trillion.

Gross profit also rose by 35% from Rp 750.69 billion in the first half of 2012 to Rp 1.02 trillion in the first half of 2013.

Director MPMX Tossin Hima explains, a significant increase in financial performance is in line with the Company’s solid operating performance. For example, under the vehicle rental business MPMRent significantly increase its fleet to 74% in the first 6 months of 2013 reached 12,104 units.

He also mentioned, total assets also increased 20% from last year’s Rp 9.07 trillion to Rp 10.88 trillion in the first semester of 2013. According to him, a solid financial performance is the result of hard work, good strategy and strengthened by the excellent execution.

“Achieving good performance in the first semester of 2013 was above the average growth of the industry and consistent with the Company experienced growth in recent years. This proves MPMX commitment in keeping what is our promise to the stakeholders, particularly shareholders and investors, the growth of a healthy and sustainable business, “Tossin said in a statement in Jakarta, Monday (22/07/2013).

He said the vehicle rental business market in Indonesia is divided and spread out in various areas and MPMX MPMRent benefit from having more than 20 years experience in this business.

“The experience and deep understanding MPMRent makes us more observant and aggressive in capturing and realizing opportunities in the vehicle rental business, especially in the corporate sector nationwide,” said Tossin.

In addition, Honda motorcycles for distribution business, especially in the area of ‚Äč‚ÄčEast Java and East Nusa Tenggara, sales rose by 26% to reach 447,578 units in the first semester 2013.

Meanwhile, the Honda motorcycle sales nationwide rose 12% and sales of motorcycles grew only 6% of the months January to June 2013.

Increased sales of motorcycles as well as the number of middle-class people in Indonesia, helped push sales of lubricants business MPMX growing more than 10% to reach 32.12 million liters of oil.

Bakrie and Brothers Record Rp 8.3 Billion Profit, sales drop 96%

PT Bakrie & Brothers Tbk (Bakrie) recorded a profit of Rp 8.36 billion in the first half of 2013, this profit plunged 96% compared to the same period last year of Rp 214.35 billion. The company’s revenue in the same period also fell.

Bakrie Group revenue was recorded Rp 1.95 trillion, down from the acquisition of the first half of 2012 which reached Rp 11.39 trillion.

“It is down when compared to the first half of 2012 revenue gains. This is due to the deconsolidation of our subsidiaries, namely Bakrie Petroleum International Pte. Ltd.. and Subsidiaries, “said President Director of Bakrie and Brothers Bobby Gafur in a press release on Wednesday (07/31/2013).

While the Company’s profit attributable to the parent entity, in the same period also fell from Rp 61.23 billion to Rp 4.86 billion.

“This solid base we believe will further solidify BNBR performance in the future. We will continue to try to push spending and increase business efficiency, “said Bobby.

Bobby explained, during the first six months of 2013, the management company of Bakrie & Brothers has been pressing burden significantly, interest expense and finance in particular through the reduction of the debt portion.

Therefore the Company’s interest expense and finance fell by 78% or Rp 603 billion from Rp 775.79 billion in the first half of 2012, to just stay Rp. 172.78 billion at the end of the first half of this 2013.

Commodity price doldrums, Uno Uno Corporate Profit Drops 65%

Saratoga Investama Tbk PT Federal International (SRTG) made a profit of Rp 188.34 billion in the first half of 2013, down 65% when compared to the same period last year of Rp 539.61 billion. The fall in profits due to weak performance in the subsidiary coal and palm oil sector.

“Weakness in the coal and palm oil sector makes to the weakening performance,” said President Director of Saratoga Uno Uno S in Jakarta, Thursday (08/01/2013).

The Company recorded revenue of Rp 1.165 trillion in the first six months of this year, revenue rose compared to the previous year in the same period to Rp 1.138 trillion.

Load reduced income from Rp 1,063 to Rp 1,038 trillion trillion at the end of June 2013. So the gross profit and operating profit growth is still positive.

The company’s net profit could decline due to other expenses are quite high, especially because of the performance of subsidiaries in the coal sector and palm oil weakened.

Saratoga continued to invest in three key sectors to drive economic growth in Indonesia with a long-term outlook is very positive.

“By providing long-term benefits, Saratoga will continue to contribute to Indonesia and the wider community,” Uno added.

One of the company’s subsidiary in the consumer sector, PT Mustika Pinasthika Mitra Tbk (MPMX), earned revenues of Rp 6.78 trillion, contributed by higher sales of motorcycles in East Java and East Nusa Tenggara.

Sales volume increased by 26% to 447,578 units in the first half of 2013 compared to 355,758 units in the same period a year earlier. It is also supported by MPM automotive rental business, which rose 74%, from 6,995 units in the first half of 2012 to 12,104 units in the first half of 2013.

While the sector PT Tower Bersama Infrastructure Tbk (TBIG) won pendapatam surge by 96% This is caused by the growth of a significant tenant of organic growth and through acquisitions, from 8,584 tenants as of June 2012 to 15 277 tenants in June 2013.

In line with the increase in revenues, gross profit TBIG also been increased by 98% in the first half of 2013.

Saratoga Investment in PT Lintas Marga Sedaya managing highway projects Cikampek-palimanan goes according to schedule. Overall construction was started in January 2013.

The entire land has been acquired, the work permit has been issued by the authorities and senior debt facility is executed as well as drawdown begins in line with the project an important milestone.

While the natural resources sector, global sentiment towards commodities affect the performance of associated companies (investee companies) engaged in integrated coal sector, mining and palm oil.

Such as PT Adaro Energy Tbk (ADRO), Provident Agro, and PT Agro Maju Raya (Amara) which was corrected earnings

Expand in Insurance and Banking

Entering the second half of 2013, the company plans to enter into the insurance and banking sectors. This sector, said Uno, still very attractive in Indonesia.

“We are open to look at opportunities in the banking sector. Banks in Indonesia are very good, the growth of the industry is still good,” he said.

The Company is developing in the direction of the two sectors of the industry. How, can by buying an existing company or create new company from scratch.

“The business model we are usually targeting existing enterprises and capital needs. But it could also open opportunities from zero,” he said.

Astra International reported net profit of Rp 8, 8 trillion

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.

“The performance of the company and its subsidiaries in the first semester of 2013 showed a slight decrease compared to the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.

He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.

He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.

Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.

Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.

Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.

Semester I, SMGR Raup Profit Rp 2.58 Trillion

PT Semen Indonesia Tbk (SMGR) posted a net profit of Rp 2.58 trillion, up 22.9 percent from the same period in 2012.
Dwi Soetjipto, Semen Indonesia President Director, said the company’s net profit growth driven by revenue growth by 31.9 percent to Rp 11.4 trillion a year earlier in 2012 amounted to Rp 8.6 trillion.
According to Dwi, total revenue was supported by the cement sales volume stood at 12.23 million tons, an increase of 18.3 percent over the same period last year amounted to 10.32 million tonnes, which consists of domestic sales volume amounted to 12.14 million tons (up 18.0 percent) and export sales of 0.09 million tonnes (up 170 percent).
Growth that exceeded the national cement sales volumes (industry) which grew 7.5 percent in the first half of 2013 to 27.83 million tons from 25.89 million tons.
“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V, so that we are able domestic market share increased to 43.6 percent from 40.9 percent last year.” Said dwi.
Most of the company’s revenue comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53 percent of total revenue in the first half of this year, an increase of 26.42 percent compared to the sales in the same period last year of Rp 8, 63 trillion.
Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. In the first half of 2013, the Java market accounted for revenue of Rp 5.72 trillion (52.43 percent of total domestic sales).
While consumers outside of Java contribute to revenue of Rp 5.19 trillion or 47.57 percent of total domestic sales.
In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia.
From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number jumped nearly 170 percent compared to overseas sales in the first half of last year which was only Rp 30.34 billion.

Adobe’s acquisition of Neolane Rp 5.8 Trillion

Adobe Systems announced the company’s acquisition of Neolane marketing company. The transaction value of U.S. $ 600 million (about USD 5.8 trillion). The marketing company itself only has annual revenues of approximately U.S. $ 60 million (approximately USD 580 billion).
“It would make a better leader on Adobe’s digital marketing services and strengthen the Adobe Marketing Cloud,” said Brad Rencher, Senior Vice President of Digital Marketing.
Established in 2001, Neolane is headquartered in Paris, France, and serves a number of large clients such as Accor Hotels, Alcatel-Lucent, IKEA, Samsung, Sony, and Dior.
Neolane is the sixth product from Adobe Marketing Cloud service, which includes Analytics, Target, Social, Experience Manager, and Media Optimizer.
Neolane This acquisition will improve the management of electronic mail services and a large amount of real-time recommendations.

Profit Up 273.2 percent Eterindo

Eterindo Wahanatama Tbk PT (ETWA) posted a first-half net profit rose 273.2 per cent to Rp33, 2 billion compared with the same period last year ie Rp 8, 9 billion.

The growth is in line with the company’s revenue increased 51.2 percent to Rp605, 4 billion. The increase is also supported by the large volume of sales. Sales volume stood at 39,000 metric tons, up by 34.5 percent from 29,000 metric tons in the last year with the average selling price of Rp9, 3 million metric tons in the first half of 2013.

President Director Immanuel Sutarto, stated operational performance during the first half of this biodiesel has increased significantly compared to the same period the previous year.

“We hope that the Government will soon implement a policy mix of 10 percent biodiesel (B10) in 2013 as a way of improving national energy security,” he said in a written statement published on Thursday (08/01/2013).

Gross profit increased 58.8 percent from Rp54, 6 billion to Rp86, 7 billion. Gross margin to 14.3 percent from 13.6 percent the same period last year.

Operating profit jumped by 57.1 percent from Rp34, 2 billion to Rp53, 8 billion. Similarly, EBITDA increased 82.9 percent to Rp66, 3 billion compared with the same period last year ie Rp36, 2 billion.

Equity increased from 0.8 times to 1.2 times as a result of an increase in bank debt amounted to 64.8 percent from Rp350, 7 billion to Rp577, 9 billion
to finance the growth of its business.

Astra International Records Profit Rp 8, 8 Trillion

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.
“The performance of the company and its subsidiaries in the first semester of 2013 mennjukan a slight decrease from the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.
He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.
He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.
Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.
Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.