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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 - Property developer PT Surya Semesta Internusa Tbk (SSIA) posted net profit of Rp150.59 billion in the first half (H1) of 2011, soared 442% from Rp27.78 billion in the corresponding period of last year.

It recorded earning per share (EPS) of Rp110.31, compared to Rp12.64 a previous year.

Revenue jumped 106% to Rp1.54 trillion from Rp749.57 billion a year earlier while direct cost surged 107% to Rp1.14 trillion from previous Rp551.78 billion.

Gross profit was Rp400.89 billion while profit before tax reached Rp213.41 billion, jumped 308% from Rp52.2 billion in the first half of 2010.

As of June 2011, its assets totaled Rp2.63 while liability amounted Rp1.53 trillion. It has cash and cash equivalent of Rp598.48 billion. (hans@theindonesiatoday.com)

 


More articles :

» Regional Market Opens in Green

Theindonesiatoday.com - Asian stock market kicks off the week with substantial gains on positive sentiment from Wall Street and Europe.

» Sholahudin: NII Network Linked to Former Bank Century Owner

Theindonesiatoday.com - Sholahudin, a researcher, said Indonesia Islamic State (NII) movement had connection with then controlling shareholder of the infamous Bank Century (now Bank Mutiara) Robert Tantular.

» Moody's Gives Negative Outlook to POSCO

Theindonesiatoday.com - Moody's Investors Service has revised to negative from stable the outlook for its A3 rating on POSCO, partner of PT Krakatau Steel (KRAS) Tbk in Indonesian steel project.

» Law Minister Under the Spotlight for DL Sitorus Case

Theindonesiatoday.com - Amir Syamsuddin, newly appointed Minister of Law and Human Rights, is under the spotlight after The Indonesia Corruption Watch (ICW) urged The Corruption Eradication Commission (KPK) to investigate him on the case of...

» ANZ Raised $1.34 Billion Tier 1 Capital

Theindonesiatoday.com - ANZ has completed, and upsized, its offer of convertible preference shares (CPS3) raising $1.34 billion of Tier 1 capital.

» Tomy & Prabowo Accused as Financiers of Zaini-Muzakkir

JAKARTA, Indonesia Today - Tempo magazine in its new edition reveals that incumbent governor Irwandi Yusuf, who, based on Quick Count, might have lost Aceh governorship to Zaini Abdullah, accuses Tomy Winata (owner of Artha Graha Group) and...

» Chandra Asri Postpones the Rights Issue

Theindonesiatoday.com - PT Chandra Asri Petrochemical (TPIA) Tbk has decided to postpone the issuance of new shares due to the recent market volatility.

» Sampang PSC Partners Review Commercial Options for Jeruk Discovery

Theindonesiatoday.com - Cue Energy Resources Ltd and partners is re-evaluating commercial options for the Jeruk discovery at the Sampang PSC, East Java.

» Atlas Pearl to Raise Fund for Expansion

SYDNEY, Indonesia Today - Australian pearl company, Atlas South Sea Pearl Ltd, plans to raise capital in early 2012 to fund up its continuing operation expansion in 2010/11.

» Gajah Tunggal Operating Margin Squeezed

Theindonesiatoday.com - Giant tire manufacturer PT Gajah Tunggal (GJTL) Tbk, controlled by Nursalim family, booked net profit of Rp421.9 billion in the first half of 2011, inched up 1.4% from the corresponding period last year.

» 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.

» Bumitama Agri Gains 37% on Trading Debut in SGX

JAKARTA, Indonesia Today - Indonesia-based Bumitama Agri Ltd gains as much as 37% on its trading debut in the Singapore Exchange (SGX) Thursday, April 12.

» Petross Acquires Ramba Energy Interest in Jatirarangon Block

Theindonesiatoday.com - PT Petross Energy plans to acquire 100% shares in Jatirarangon block, West Java from Ramba Energy Limited for US$30 million.

» Oil Price Rebounds, Energy Stocks Gain

Theindonesiatoday.com - The energy commodities rebound this morning. The price of futures Asian Nymex Crude oil was at USD 82.72 per bbl, up 0.71% from previous settlement, while the Natural Gas was unchanged ar USD 3.75 per MMBtu. 

» Oil Falls to US$87, Energy & Metals Stocks Tumbled

Theindonesiatoday.com - Crude oil tumbled 4.41% to US$87.88 per barrel on Nymex Thursday (Aug 4) as Wall Street lost ground. 

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