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President to Issue Regulation on Land Acquisition This Month End

President to Issue Regulation on Land Acquisition This Month End 

JAKARTA, Indonesia Today - Minister of Industry MS Hidayat is optimistic the President Regulation about Land Acquisition will be issued…

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Court Validates Vastex PKPU, Escapes Bankruptcy

Court Validates Vastex PKPU, Escapes Bankruptcy 

JAKARTA, Indonesia Today - Textile company PT Vastex Prima Industries escapes bankruptcy as the Central Jakarta Commercial Court has decided…

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PLN to Spend Rp2.54 Trillion for Rural Electricity Program

PLN to Spend Rp2.54 Trillion for Rural Electricity Program 

JAKARTA, Indonesia Today - State-utility PT PLN will spend Rp2.54 trillion of fund allocated from State-Budget (APBN) this year to…

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Metrodata to Raise Rp155 Billion from Rights Issue

Metrodata to Raise Rp155 Billion from Rights Issue 

JAKARTA, Indonesia Today - Electronics and ICT products retailer PT Metrodata Electronics Tbk (MTDL) announces on prospectus today it plans…

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Three Gas Fields Commence Production

Three Gas Fields Commence Production 

JAKARTA, Indonesia Today - Three gas fields with total potential production of 130 million metric cubic feet per day (mmscfd)…

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Bank Permata Kicks Off Rp700 Billion Subdebt Issue

Bank Permata Kicks Off Rp700 Billion Subdebt Issue 

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) announces on prospectus today it plans to issue subordinated bond (subdebt)…

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Fitch Downgrades Greek Banks to 'CCC'

Fitch Downgrades Greek Banks to 'CCC' 

BARCELONA, Indonesia Today - Fitch Ratings has downgraded National Bank of Greece's, Efg Eurobank Ergasias', Alpha Bank's, Piraeus Bank's and…

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Summarecon Books Rp1.65 Trillion Pre Marketing Sales

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…

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Basarnas Stops Evacuation Operation of Sukhoi’s Victims

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…

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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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Latest News

Fitch Affirms Telkomsel at 'BBB'/'AAA(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today affirmed Indonesia-based PT Telekomunikasi Selular's (Telkomsel) Long-Term Foreign and Local Currency Issuer De...

Telco | Monday, 21 May 2012

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Fitch Affirms Bank Riau Kepri at 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has affirmed PT Bank Pembangunan Daerah Riau Kepri's (Bank Riau Kepri) National Long-Term Rating at...

Banking | Monday, 21 May 2012

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Fitch Upgrades BPD Maluku to 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today upgraded PT Bank Pembangunan Daerah Maluku's (Bank Maluku) National Long-Term Rating and se...

Banking | Monday, 21 May 2012

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Astra Sedaya Financing Likely to Go Up to $200 Million

JAKARTA, Indonesia Today - The US$120 million three-year term loan for Astra Sedaya Finance is oversubscribed and may be increased to...

Banking | Monday, 21 May 2012

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Templeton's Investment in Indonesia Declines to 5% in April

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30...

Stocks | Monday, 21 May 2012

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Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

MINNESOTA, Indonesia Today - Pratt & Whitney Canada SEA (P&WC SEA), located in Singapore, has signed a five-year Maintenance, Repair an...

Transportation | Monday, 21 May 2012

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Nomura Research Establishes Representative Office in Jakarta

TOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th...

Internet | Monday, 21 May 2012

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Omedia Again Extends Megapower Acquisition

KUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me...

Energy | Monday, 21 May 2012

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Interra's Goldpetrol Commences Drilling in Myanmar

SINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co...

Energy | Monday, 21 May 2012

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JSW Steel Production Grows 10% in April

SINGAPORE, Indonesia Today - JSW Steel Limited reported monthly crude steel production of 7.15 lacs tons for April 2012, with a ...

Steel | Monday, 21 May 2012

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Tunas Ridean to Acquire Izusu Distributor

JAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl...

Automotive | Monday, 21 May 2012

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Surya Toto to Build Sanitary Factory This Year

JAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in...

Stocks | Monday, 21 May 2012

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Zebra NUsantara to Acquire CNG Distributor

  JAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas...

Transportation | Monday, 21 May 2012

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Mother of Hidayat Nur Wahid Passes Away

JAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha...

People | Monday, 21 May 2012

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Bank Riau Kepri Books Rp64 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Riau Kepri reported profit after tax of Rp63.89 billion in the fi...

Banking | Monday, 21 May 2012

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Bank Sulselbar Books Rp68 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr...

Banking | Monday, 21 May 2012

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BCA Targets Rp4 Trillion Loan for Infrastructure

JAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ...

Banking | Sunday, 20 May 2012

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BI Rules on Rewards Restriction and Individual Ownership in Banks

JAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ...

Banking | Sunday, 20 May 2012

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Ratu Prabu Plans Rigths Issue in Q3

JAKARTA, Indonesia Today - PT Ratu Prabu Energy Tbk (ARTI) plans to issue new shares through pre-emptive rights scheme in ...

Stocks | Saturday, 19 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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Indonesia Finance

Theindonesiatoday.com - Property developer PT Bumi Serpong Damai (BSD) Tbk (BSDE) booked net profit of Rp728.27 billion in the first nine months of 2011, surged 199% from Rp243.14 billion in the corresponding period of last year.

It recorded earning per share (EPS) of Rp35.43, compared to Rp22.23 a previous year.

Revenue rose 22% to Rp2.08 trillion in the period, from Rp1.7 trillion a year earlier while cost of good sold increased 22.8% to Rp744.49 billion from previous Rp606.2 billion.

Gross profit was Rp1.33 trillion while operating profit reached Rp710.17 billion, increased 18% from Rp600.93 billion in first 9 months of 2010.

As of September 2011, its assets totaled Rp13 trillion while liability amounted Rp4.99 trillion. It has cash and cash equivalent of Rp4.14 trillion. (hans@theindonesiatoday.com)

 


More articles :

» BFI Finance Secures Rp275 Billion, BII Finance Seeks Rp1 Trillion

Theindonesiatoday.com - PT BFI Finance Tbk has secured Rp275 billion loan from two state banks, while BII Finance seeks Rp1 trillion loan from a private-owned bank in the third quarter, Bisnis Indonesia reported.

» Indonesian Coal Reference for December Falls 3.4%

Theindonesiatoday.com - Indonesian Coal Reference Price (HBA) for December 2011 benchmark dropped 3.4% to US$112.67 per ton FOB Vessel, the second lowest price in recent 12-months period.

» Petrosea Turns to Profit in First Half

 - Mining contractor PT Petrosea Tbk (PTRO), a unit of diversified energy company PT Indika Energy Tbk (INDY), announced today that it posted net profit of US$20.16 million in the first half of 2010, compared to loss US$14.46 million in the...

» Petronas Carigali to Drill Well at West Glagah Block, Sumatera

Theindonesiatoday.com - Petronas Carigali will commence drilling one exploration well in West Glagah Kambuna Block, in North Sumatera. The drilling is scheduled to commence in August 2011.

» Geely Sales Volume Inches Up 4%

Theindonesiatoday.com - Chinese car manufacturer Geely Automobile Holdings Limited reported sales volume of 45,634 units in January 2011, inched up 4% from the same month last year.

» CPO Future Price Regains, Plantation Stocks Rise

Theindonesiatoday.com - CPO futures prices on the Bursa Malaysia for the benchmark January delivery regained RM20 to RM2,886 per ton. While price for November and December delivery were settled at RM2,896 and 2,894 per ton respectively. On the ICDX,...

» Bank Panin to Issue Rp3 Trillion Bonds for Loan Expansion

PT Bank Pan Indonesia Tbk (Panin) plans to issue bonds worth Rp3 trillion for strengthening capital and supporting loan expansion, Bisnis Indonesia reported on Friday.

» IDX falls on profit taking

Composite index of IDX declined 0.61% this morning on profit taking of blue chip stocks. Astra, BRI, Mandiri, Gudang Garam, Kalbe Farma, Semen Gresik, and Timah retreated after substantial gain on Monday. 

» UFS Seeks Waiver of an Event of Default

Theindonesiatoday.com - United Fiber System Ltd, a company with forestry assets in Indonesia, seeks a waiver from Asia Star Fund (ASF) Ltd of the event of default in relation to the US$35 million facility.

» Jusman Syafi’i Elected as Mandala Chief Commissioner

JAKARTA, Indonesia Today - Jusman Syafi'i Jamal, president commissioner of largest telecommunication operator PT Telekomunikasi Indonesia Tbk, has been elected as the new president commissioner of reviving airlines company PT Mandala Airlines.

» Shenzhen Intl Issues US$300 Million Notes

JAKARTA, Indonesia Today - Shenzhen International Holdings Ltd issued US$300 million Senior Notes due 2017 at 4.375%.

» Coalition Members Yet to Select New KPK Leaders

Theindonesiatoday.com - Joint secretariat of ruling coalition has yet to discuss and agree on four of the eight candidates of Corruption Eradication Commission (KPK) leaders.

» IDX Opens Up 1.34% Tracking Global

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened up 1.34% at 3,685.78 this morning to tracking gains in regional markets.

» Arpeni Bags US$131 Million Offshore Loan

JAKARTA, Indonesia Today - Shipping company PT Arpeni Pratama Ocean Line Tbk, controlled by Oentoro Surya, has secured US$131.2 million loan from two offshore banks.

» Nippon Steel Commences Acquisition of Malaysian Plant

Theindonesiatoday.com - After announcing major expansion plan in Thailand, Nippon Steel Corporation has commenced discussion with Tatt Giap Group, the existing majority shareholder of Nippon EGalv Steel Sdn Bhd (N-EGALV), to acquire majority...

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