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Tiger Airways Books $104 Million Losses

Tiger Airways Books $104 Million Losses  

SINGAPORE, Indonesia Today - Tiger Airways Holdings Ltd, partner of Saratoga Investama in Mandala Airlines, posted net loss of $104.3…

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Cardig Aero Q1 Profit Grows 27%

Cardig Aero Q1 Profit Grows 27%  

JAKARTA, Indonesia Today - PT Cardig Aero Services Tbk (CASS) booked net profit of Rp42.58 billion in the first quarter…

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Mewah International Boosts Ownership in Indonesian Units

Mewah International Boosts Ownership in Indonesian Units  

SINGAPORE, Indonesia Today - Mewah International Inc has increased its equity stake in subsidiaries in Indonesia, namely PT Mas Sejahtera,…

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Buton Block's Benteng Prospect Drilling Result Expected for Early June

Buton Block's Benteng Prospect Drilling Result Expected for Early June  

LONDON, Indonesia Today - Premier Oil have program of around 12 exploration and appraisal wells, including the Benteng wells, Indonesia, which…

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Indus Capital Controls CBM Asia

Indus Capital Controls CBM Asia  

VANCOUVER, Indonesia Today - Indus Capital Partners LLC acquires a 9.7% interest in CBM Asia Development Corp. and become majority…

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Avillion Hotel Expands in Indonesia

Avillion Hotel Expands in Indonesia 

KUALA LUMPUR, Indonesia Today - Avillion Hotel Group Sdn Bhd (AHG) and Avillion Hotels International Sdn Bhd (AHI), both wholly…

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Buana Finance Bags Rp125 Billion Loan from 2 Banks

Buana Finance Bags Rp125 Billion Loan from 2 Banks  

JAKARTA, Indonesia Today - Consumer financing company PT Buana Finance Tbk (BBLD) has secured Rp125 billion loan from 2 banks.

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Volvo's UD Trucks Jumps 143% in Indonesia

Volvo's UD Trucks Jumps 143% in Indonesia  

GOTEBORG, Indonesia Today - Volvo Group's truck operations reported a 4% decrease of deliveries to 18,497 vehicles worldwide last month.…

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Medco Energi Offers Rp1.5 Trillion Bond

Medco Energi Offers Rp1.5 Trillion Bond 

JAKARTA, Indonesia Today - PT Medco Energi Internasional Tbk (MEDC), a company controlled by Arifin Panigoro, today commences the offering…

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BCA to Pay Dividend Rp113.50 per Share

BCA to Pay Dividend Rp113.50 per Share  

JAKARTA, Indonesia Today - PT Bank Central Asia Tbk (BCA) will pay dividend of Rp113.50 per share for 2011 fiscal…

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Govt Offers Flexibility on Profit Sharing for Deepwater Exploration

Govt Offers Flexibility on Profit Sharing for Deepwater Exploration  

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources offers the flexibility on profit sharing for investing in…

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BPMigas Challenges Pertamina, Local Government to Invest in Mahakam Block

BPMigas Challenges Pertamina, Local Government to Invest in Mahakam Block 

TANAH LOT, Indonesia Today - The government challenges state-owned oil and gas company Pertamina and local government in East Kalimantan…

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Latest News

Summarecon Books Rp1.65 Trillion Pre Marketing Sales

JAKARTA, Indonesia Today - Real-estate developer PT Summarecon Agung Tbk (SMRA) booked pre marketing sales of Rp1.65% it the first 5 ...

Property | Friday, 18 May 2012

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Basarnas Stops Evacuation Operation of Sukhoi’s Victims

JAKARTA, Indonesia Today – The National Search and Rescue Agency (Basarnas) has decided to stop the operation to evacuate all vi...

People | Friday, 18 May 2012

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Moody's Downgrades 16 Spanish Banks

MADRID, Indonesia Today - Moody's Investors Service has today downgraded by one to three notches the long-term debt and deposit ra...

Banking | Friday, 18 May 2012

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Suharto’s Grandson Fails to Show Up for Police Summon

JAKARTA, Indonesia Today - Ari Haryo Wibowo Hardjojudanto, popular as Ari Sigit, grandson of the late president Soeharto and a su...

People | Friday, 18 May 2012

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APP Announces New Policies on High Conservation Value Forest

JAKARTA, Indonesia Today - Asia Pulp & Paper Group (APP) has announced its new High Conservation Value Forest policies to ev...

Chemical | Thursday, 17 May 2012

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Zacks Investment: Indonesia, the Rising Star of Asia

CHICAGO, Indonesia Today - Emerging markets are an important part of the global economy and increasingly significant contributors to the gl...

Stocks | Thursday, 17 May 2012

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Prisma Resources Deploys NetSuite Cloud Solution for Business Efficiency

SAN FRANCISCO, Indonesia Today - NetSuite SuiteWorld 2012 -- NetSuite Inc., the industry's leading provider of cloud-based financials/ERP software suites, an...

Mining | Thursday, 17 May 2012

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Linktone Reports Lower Revenue in Q1, Indonesian Regulation a Factor

  BEIJING, Indonesia Today - Linktone Ltd., a provider of media and entertainment content and services in key strategic markets in ...

Telco | Thursday, 17 May 2012

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Govt Mulls Gas Hydrates Deepwater Exploration

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources is considering gas hydrates deepwater exploration on southern Sumatera–Java is...

Energy | Wednesday, 16 May 2012

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Political Issues Undermine Oil and Gas Investment in Indonesia

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources admits that political atmosphere complicates the oil & gas ...

Energy | Wednesday, 16 May 2012

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Sinarmas Land Acquires Bumi Samarinda Indah

SINGAPORE, Indonesia Today - Sinarmas Land Limited together with its subsidiaries (the Group) announces today that its subsidiary has subscribed ...

Property | Wednesday, 16 May 2012

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Augur Confirms Excellent Metallurgical Results from Wonogiri

SYDNEY, Indonesia Today - Augur Resources Ltd announces today that results from ALS Ammtec confirm the excellent recoveries by floating wi...

Mining | Wednesday, 16 May 2012

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Naga Selatan-1 Well Drilling Reaches 5,000 Feet

MELBOURNE, Indonesia Today - Drilling in Naga Selatan-1 well on Mahakam Hilir PSC has reached 5,000 feet MD (measured depth) an...

Energy | Wednesday, 16 May 2012

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Padang Resources Secures Drill Core and Data on Paser Project

SYDNEY, Indonesia Today - Padang Resources Limited has secured the drill core and data from previous exploration undertaken on the Pa...

Mining | Wednesday, 16 May 2012

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Medco Files Counterclaim against Rio Kurnia

JAKARTA, Indonesia Today - PT Medco E&P, subsidiary of Medco Energi (MEDC), files a counterclaim against transportation company PT Rio Ku...

Dispute | Wednesday, 16 May 2012

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Indonesia Enhances Resilience to Global Volatility with World Bank Support

WASHINGTON, Indonesia Today - The World Bank executive board today approved a new budget support operation worth $2 billion designed to...

Indonesia Macro | Wednesday, 16 May 2012

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Sukhoi's Black Box Found

BOGOR, Indonesia Today - Army's Special Forces has finally found crashed Sukhoi Superhet 100’s black box around 100 meters from ta...

People | Wednesday, 16 May 2012

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CBM Asia & Continental Join Forces for Indonesian CBM

JAKARTA, Indonesia Today - Continental Energy Corporation and CBM Asia Development have signed a joint study and bid group agreement fo...

Energy | Tuesday, 15 May 2012

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Andalan Prospect Drilling Going Well, Hess Says

TANAH LOT, Indonesia Today - Hess Corporation says drilling at Andalan prospect on Semai V Block, Papua is currently going we...

Energy | Tuesday, 15 May 2012

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Mining and Agriculture Stocks Push IDX Down

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) ended down 0.18% at 4,045.64 points dragged down mi...

Stocks | Tuesday, 15 May 2012

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Moody's Downgrades Italian Banks, Outlooks Remain Negative

MILAN, Indonesia Today - Moody's Investors Service has today downgraded by one to four notches the long-term debt and deposit ...

Banking | Tuesday, 15 May 2012

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Lawmakers to Summon Transportation Minister on Sukhoi Crash

JAKARTA, Indonesia Today - Commission V of The House (overseeing transportation and communication) will summon Transportation Minister related with the ...

People | Tuesday, 15 May 2012

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KPPU Appeals Pfizer and Dexa Medica to Supreme Court

JAKARTA, Indonesia Today – Business Competition Supervisory Commission (KPPU) makes further legal action on the drug cartel allegation case against PT...

Regulations | Tuesday, 15 May 2012

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Bank Nagari Kicks Off Rp225 Billion Bond Issue

JAKARTA, Indonesia Today - Regional development bank PT Bank Pembangunan Daerah Sumatera Barat (Bank Nagari) announces on prospectus today it pl...

Banking | Tuesday, 15 May 2012

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Indonesia Finance

Theindonesiatoday.com - PT Bank Panin Tbk (PNBN) posted net profit of Rp1.26 trillion in 2010, grew by 37% from Rp915.29 billion in 2009, on higher interest income.

It recorded net earning per share (EPS) of Rp52.22 compared to Rp41.01 in previous year.

Interest income increased 33% to Rp3.71 trillion from Rp2.79 trillion a year earlier. It booked interest income of Rp7.47 trillion.

Operating income excluding interest reached Rp1.81 trillion while operating expenses excluding interest totaled Rp3.92 trillion. Then it recorded operating profit of Rp1.61 trillion.

Its assets grew 39% to Rp105.92 trillion, of which credits totaled Rp57.53 trillion, a 33% growth from Rp43.2 trillion in 2009.

Its third party funds reached Rp75.05 trillion. It has cash of Rp1.07 trillion. (hans@theindonesiatoday.com)


More articles :

» Mobile-8 9 Months Net Loss Widens

Theindonesiatoday.com - Cellphone service provider PT Mobile-8 Telecom Tbk (FREN) reported net loss of Rp1.05 trillion, substantially widen from loss Rp439.9 billion in the same period of last year.

» Martina Berto Kicks Off IPO, Expects Rp300 Billion

Theindonesiatoday.com - Consumer goods firm PT Martina Berto Tbk has kicked off an initial public offering of 355 million shares or about 33.17% of paid up share capital. The company expects to raise Rp300 billion from the IPO. 

» Indomaret Adds 1,000 Outlets Next Year

Theindonesiatoday.com - PT Indomarco Prismatama plans to open up 1,000 Indomaret convenience stores in the country next year.

» Unifiber Settles Payment to Falcon Capital

Theindonesiatoday.com - United Fiber System Ltd (Unifiber), SGX-listed company with forestry operations in Indonesia, has made S$10 million payment to Falcon Capital Global Holding Ltd on March 8, 2011.

» Astra Group Targets Rp60 Trillion Financing This Year

JAKARTA, Indonesia Today - Financing unit of PT Astra International Tbk (ASII) targets to book new financing of Rp60 trillion this year, grew 13% compared to Rp53 trillion last year, Bisnis Indonesia reported this morning.

» Car Sales Grows 9.2% in September

Theindonesiatoday.com - Car sold by the sole agent of brand holder (ATPM) to dealers totaled 80,027 units in September 2011, grew 9.2% from 73,279 units in previous month. Compared to September 2010, the number surged 63%.

» XL Expects Rp14 Trillion from Towers Divestment

Theindonesiatoday.com - Cellular operator PT XL Axiata (EXCL) Tbk seeks Rp14 trillion from the divestment of 7,000 telecommunication towers.

» Paiton 3 Coal Fired Power Plant Operation Kicked Off

PARIS, Indonesia Today - The 815MW Paiton 3 coal fired power plant, East Java has kicked off commercial operation on Tuesday (27/3), GDF Suez and International Power confirmed.

» PLN Posts 6% Profit Growth in 2011

JAKARTA, Indonesia Today - PT Perusahaan Listrik Negara, the national electricity company, booked unaudited net profit of Rp10.7 trillion in 2011, increased 6% from Rp10.09 trillion in 2010, Investor Daily reported this morning.

» Energi Mega to Raise Rp747 Billion via Rights Issue

JAKARTA, Indonesia Today - Oil and gas company PT Energi Mega Persada Tbk (ENRG), controlled by Bakrie Group, targets to raise US$83 million, equivalent Rp747 billion, or Rp185 per share, via issuing 4.05 billion new shares, representing 10% of...

» Pan Orient to Drill Batu Gajah & East Jabung Next Year

Theindonesiatoday.com - Calgary-based Pan Orient Energy Ltd plans the drilling of two wells in its Indonesian oil and gas blocks of Batu Gajah and East Jabung next year.

» Bakrie Claims to Have Spent $1 Billion for Lapindo Mudflow Victims

Theindonesiatoday.com - Aburizal Bakrie, Chairman of Golkar Party, claims that Bakrie Family has spent Rp9 trillion or about US$1 billion for the victims of Lapindo mudflow in Sidoarjo, East Java.

» BCA Reports Net Profit of Rp7.3 Trillion, Grows 7%

Theindonesiatoday.com - Bank Central Asia (BBCA) reported net profit of Rp7.3 trillion last year, increased 7% from 2009 (Rp6.8 trillion). 

» Banks Drag IDX Composite Index Down

Theindonesiatoday.com - Composite Index of Indonesia fell further 1.28% to close at 3,373.64, led by banking stocks, but rebound in some blue chips helped erode morning substantial drop.

» Foreign Investors Post Rp714 Billion Net Buy

Foreign investors posted net buy of Rp712 billion on Indonesian stocks for the week ended July 23. This is the ninth consecutive week of net buy, the longest this year.

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