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.

Axial Fan Housing With Integral Venturi

The present invention relates to the field of fans for displacing air. More particularly, the invention relates to vane-axial fans for aerating, heating, or drying agricultural spaces and grain stored therein. The present invention provides an improved housing having an integral venturi for such fans. Axial fan and heater is well known in the agricultural arts. Such fans are typically mounted to the outside of a grain bin near its bottom. The outlet end of the fan housing communicates with the grain bin while the inlet end extends outside the bin. The inlet end typically includes a vertical endplate having an inlet opening. Outside air is drawn through the inlet opening then circulated through the bin to dry or aerate the grain before being vented from the bin.

Attaching a venturi to the inlet end of the fan has been found helpful in reducing fan inlet losses due to turbulance, and thus enhances air flow performance. Existing venturis for axial fans comprise a separate ring-shaped attachment mounted on the inlet endplate outwardly adjacent the intake opening. These venturi attachments protrude outwardly beyond the inlet endplate, which lengthens the overall package length of the fan and invites damage from collisions.

The present invention provides an integral venturi housing for an vane axial fan. The housing includes a main body having an outlet end and an inlet end opposite the outlet end. An inlet endplate is secured across the inlet end of the main body of the housing and has an inlet opening therein circumscribed by an adjacent venturi-shaped flange integrally formed in the inlet endplate so as to extend axially into the main body toward the outlet end. The inlet end of the main body can be fitted and secured against the inner surface of the flange to hold the inlet endplate in place.

Whereas the invention has been shown and described in connection with the preferred embodiments thereof, it will be understood that modifications, substitutions, and additions may be made which are within the intended broad scope of the following claims. From the foregoing, it can be seen that the present invention accomplishes at least all of the stated objectives.

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.

The Importance Of Feng Shui Front Door Color

The front door to your home is the portal through which everyone steps to enter your living space. In the Feng Shui system of beliefs, the Feng Shui front door color is of the utmost importance. According to Feng Shui principles, the front door is described as the mouth of Chi.

The front door is the way that Chi energy enters your home. Thus the front door is where anyone should start creating a Feng Shui house. In modern society the front door is bypassed by many people as they use a side entrance for instance from the garage where they got out of their car.

So it is not illogical for people to ask whether Feng Shui front door color is still as vitally important as in the past. The answer to this is an empathic yes. Most front doors are centrally placed at the front of a house and normally face the road.

The road is seen as a symbol of water and water is equated with prosperity and wealth. Whatever your front door faces out to, whether a road, an open expanse of nature or the city, it is the portal to the home.

Invite Positive Chi

This makes it the entryway for Chi to enter your home and as such the Feng Shui front door color is highly important. Modern homes are often not built in the traditional way with the best views or expansive open spaces at the front. This changes the concept of where the front door actually should be. This is where yang energy comes into play.

The side of your house that has the most yang energy, meaning the side that faces the best open space or view, should then be considered the front door. This will be the door that should use Feng Shui front door colors to encourage Chi to enter. In Feng Shui the most auspicious Feng Shui front door colors are red and purple as both are bold and fiery colors. There are several reasons why everyone should make a point of entering their homes through the front door.

As said in Feng Shui the front door is the portal and as such you should use that door. When you enter your home through the front door you bring with you a fresh flow of Chi. This means you create an entryway for wealth and prosperity to come into your home with you. Another reason the Feng Shui front door colors are so important is that fiery colors are warm and life giving. It is this vibrant energy force that should be invited into the home at each and every opportunity.

Industry: Crunchy Semprong Wijen

There is a small cylindrical shape is elongated, some are folded into triangles or rectangles. It feels Kriuk .. Kriuk crispy savory, choose to stay salty or sweet. One would want to eat again and again.

Some time ago when I visited the city of Pemalang, I found the food that has been a long time since I’ve ever found. Yak, cake Semprong name. It was a tasty crunchy it’s become my favorite snack. Semprong first pie peddlers often through the house, but not now.

Peddlers selling Semprong is very rarely, and if there is it is very different. In Pemalang town, there was a cake maker Semprong centers. Cottage industry that is developing rapidly have penetrated into the stores located in the city center.

Option it was only two, sweet and salty. But what makes it special is the sprinkling of sesame cake that makes this one has a distinctive aroma. There is also a bit given the scent of ginger. Well, when it’s confronted with this snack it’s tongue would not stop shaking. Kriuk Kriuk .. crispy .. especially with a cup of coffee or sweet tea still steaming hot.

The Value of Changing Your Mortgage in Chattanooga

The city of Chattanooga has shown itself to be Tennessee’s fastest recuperating metropolitan area in the aftermath of the 2009 economic downturn. Despite that, you’ll still discover yourself struggling to meet your home payments. If you hope to refinance your mortgage in Chattanooga, for instance, you must take note of these 3 vital problems:.

Differences in Rate e

As you already know, home loan rates can either be set or flexible. Modifiable rates have the disadvantage of being in consistent flux, which means your rate of interest likewise regularly change. On one hand, you can be spending for more than what you actually should. However, when rates of interest decrease, you stand a chance of paying much less than what those with fixed mortgage rates are paying for.

Fixed rates are the polar opposite of flexible rates. They stay regularly fixed, regardless of how the economic climate is faring at the moment. The security is certainly enticing; but if rates become positive, those with modifiable rates pay less than what you would with fixed rates. This indicates losing out on cost savings you should have had if you had gotten adjustable home loan rates.

Your Home Equity

While you spend time gradually settling your home loan, the number of years you invest in your house offers it equity value that can work in your favor. A minimum of 20% equity is what most banks require to help spend for your home loan. On a different note, one team of Chattanooga mortgage refinance experts recommends using this equity value to settle your charge card financial obligation, or to buy new products for your home.

Your Credit Score

A high credit score suggests a bank or other financial establishment is more likely to lend you money. This can work in your favor if you want to refinance your rates; though a wrong decision might net you even more interest to spend for. The lower your chance of paying, the lesser your credit score becomes, and the less likely you become to get loans in the future.

Choosing to change home loan rates just to save more money is considered a gamble at best. There are risks and chances included, however you wish to pay for your home, so select wisely. For further ideas in refinancing home loan rates, go to: financialplan.about.com/od/realestatemortgages/qt/RefinanceOrNot.htm.

Pampering Yourself In Luxury Serviced Apartments-00-7450

Serviced apartments offer residents a home from home environment with the same convenience as a hotel. They come fully equipped with a kitchen, lounge, dining area, bathroom and bedroom, whilst still having the convenience of weekly maid service for cleaning and a change of towels and linen, youre in a win-win situation.

There is a wide variation of serviced apartments that can be found in locations around the world. Whether you want to stay in a budget serviced apartment, a quiet and homely serviced apartment or a top of the range luxury serviced apartment, there is something out there for everyone.

Staying in standard hotel accommodation day to day can become monotonous, constricting and isolating, which is one of the reasons why serviced apartments have become so popular. If you want to cook your own meal in the evening to match your dietary requirements or simply order in pizza with some friends when the football is on, a serviced apartment allows you to have the freedom to do what you want, when you want, just like you would in your own home.

Many people who havent had the experience of staying in luxury serviced apartments are often pleasantly surprised at the cost savings they could make compared to the equivalent space in a hotel. Serviced apartments can work out up to 30% cheaper than staying in a hotel, especially for longer stays where the rates usually decrease. The facilities of a serviced apartment mean that expensive laundry bills and the 15 club sandwich from room service are a thing of the past.

What is luxury? Luxury means different things to many people. For some people, luxury serviced apartments would be large, extravagant and have historical significance, whereas to others it may be simply a quiet, stress free and homely environment. Fortunately, serviced apartment providers have recognised this variation in desires and have accommodated accordingly. Coming in all different shapes and sizes, from aparthotels attached to world renowned hotels, to the independent one-of-a-kind boutique apartments, there will always be something to suit you.

Within luxury serviced apartments, you might expect to find large flat screen LCD TVs, inspiring interiors with luxurious bathrooms, luxury toiletries, Egyptian cotton linens and balconies offering spectacular views. These apartments will often be accompanied with a host of on-site facilities such as state-of-the-art fitness centres, on-site bars and restaurants, swimming pools, twenty four hour security and free parking to name just a few.

Find Profit in Month of Ramadan, Merchants Parcel at Jalan Cikini spilling

During the month of Ramadan, Eid parcel traders are often found around Cikini Station. They lined up along West Street Pegangsaan who was in front of the station.

Throughout most of the road pavement to be met by the merchants. Walking out of the station must pass through the middle stall trader. Congestion in Jalan West Pegangsaan inevitable.

The traders claimed to sell in the area due to increased turnover. Merchandise is also more easily seen by shoppers, thereby increasing the number of subscribers.

“Income is certainly increased. Due everyday it is not no parcel orders,” said Aida, Aida stall owners Pegangsaan Parcel at Jalan Barat, Cikini, Central Jakarta, Wednesday (07/17/2013).

Aida is already a dozen years of producing this Eid parcel admitted during Ramadan can sell up to 300 parcels. The price is varied, from Rp 250,000 to 1 million.

“Turnover during Ramadan I can get 80 million,” he said.

Although selling on the street and stopped traffic, he was not worried about the order by the municipal police. Because he and other traders had issued a permit from the District Menteng.

“We pay rent to the district 600 thousand a month. Was already all, including cleanliness money and power,” he explained.

He said the road has been used as a place to sell dozens of parcels every Ramadan. Traders knew each other and are local residents.

“We’re not indiscriminate selling here.’s Been all knew each other, including with the district. Rookies were usually rejected,” said another trader, Mila.

Daily Aida and other merchants selling in the Flower Market which is located not far from Cikini Station. They occupy every street New Pegangsaan beginning of Ramadan until the day before the holiday. These traders sell for 24 hours non-stop.

“We direct the production here. During the 24 hours of safe,” said Mila.