Lucky Cement Indonesia Rp 2.58 T in 6 Months, Up 23%

State-owned cement holding Indonesia Tbk, PT Semen successfully obtained a net profit of Rp 2.58 trillion in the first half of 2013. This profit rose 22.9% over the same period last year.

Semen Indonesia President Director Dwi Soetjipto said net profit was supported by the 31.9% increase in revenue to Rp 11.4 trillion. From the same period last year to Rp 8.6 trillion.

The income supported a total cement sales volume stood at 12.23 million tons, an increase of 18.3% over the same period last year amounted to 10.32 million tonnes, which consists of domestic sales volume amounted to 12.14 million tons (an increase of 18 %) and export sales of 0.09 million tonnes (up 170%).

While the national cement sales volumes (industry) grew 7.5% to 27.83 million tonnes compared to the previous period, which stood at 25.89 million tonnes.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6% from last year’s 40 , 9%. We will continue to expand the market from year to year, “Dwi said in a press release on Monday (07/29/2013).

Most of the company’s revenue comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53% of total revenue in the first half of this year, an increase of 26.42% compared to 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. Markets in Java contributed revenue of Rp 5.72 trillion (52.43% of total domestic sales), while consumers outside of Java contribute to revenue of Rp 5.19 trillion or 47.57% 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% compared to overseas sales in the same period last year of Rp 30.34 billion.

DSNG Records Rp 260 Billion Operating Profit

JAKARTA – PT Dharma Satya Nusantara Tbk (DSNG) in the first semester of 2013 an operating profit of Rp 260 billion in the first half of 2013, up 9% over the previous period of only Rp 238 billion. This is mainly due to the decrease in cost of sales per ton of crude palm oil (CPO) of 8.4% from USD 4.7 million in the first half of 2012 to Rp 4.3 million.

“Although the price of CPO in the international market this year has decreased, the company managed to maintain the gross profit margin of 28% as of last year, and operating profit margin at the level of 15%,” said Andrianto Oetomo, Vice President Director of PT Dharma Satya Nusantara Tbk (DSNG), in a press release.

Recorded net sales of Rp 1.7 trillion. The amount of net sales contributed by the plantation sector reaches 60% or Rp 1 trillion and wood products sector reaches 40% or approximately Rp 0.7 trillion. The revenue contribution from the plantation sector increased 55% compared to last year.

As of June 2013, total assets of the Company’s total of Rp 5.7 trillion, up 11% compared to the last year of Rp 5.1 trillion. Total equity of the Company to Rp 1.9 trillion, an increase of 35.6%.

Working on Mass Market, the Bank of Credit Grow 27 Percent

Jakarta – Credit National Savings Bank Tbk (the Bank) continued to grow rapidly during the first semester in 2013, although the BI data showed bank lending slowed nationwide starting in March 2013.
Bank’s loan disbursements grew by 27 per cent (year on year) from Rp 34.4 trillion on June 30, 2012 to Rp 43.6 trillion on June 30, 2013. The ratio of non-performing loans (non-performing loans / NPL) net of 0.39 percent, down from the end of June 2012 which was recorded at 0.43 percent.
Meanwhile, BI data showed loan growth slowed from March. Loans grew 23 per cent in January (yoy), then edged up to 23.4 percent in February, then slowed to 22.2 percent in March, 21.9 percent in April, and 21 percent in May.
Managing Director of the Bank, Jerry Ng said the positive performance of the Bank during the last few years as the fruit of bank consistency in working low-income segments of society as well as micro and small enterprises, including pre-prosperous society productive (mass market)
»In line with inclusive finance initiatives, the Bank continued to develop a business that focuses specifically designed to meet the banking needs of the mass market segment. The Bank not only open up access to finance, but also provide Power program, the training and assistance to improve the capacity of clients to run their businesses, “Jerry said through a press release, Wednesday, July 24, 2013.
During the first semester of 2013, the program has reached 697 885 Power beneficiaries, up 31.7 percent compared to the first half of 2012 reached 529 991 beneficiaries. Number of Power Program activities are held during the first half of this year rose 83.6 percent also claimed the activity of 22 034 to 40 456 activity.
Speech from mass market to service the Bank also claimed the better. This is reflected in the Bank’s fund raising Sinaya. Value of public deposits grew 19 percent from Rp 40 trillion as of June 30, 2012 to Rp 47.7 trillion as of June 30, 2013.
Throughout the first semester, the Bank launched assets grew 23 percent (yoy) from Rp 52 to Rp 63.9 trillion. Similarly, net profit after tax grew 28 per cent (yoy) from Rp 921 billion to Rp1, 2 trillion. Meanwhile, the capital adequacy ratio (CAR) of 22.7 percent, well above the minimum ratio of 8 percent. »With the CAR of 22.7 percent, in the future we are sure to have enough room to grow,” said Jerry.