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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 Metropolitan Kentjana Tbk (MKPI) posted net profit of Rp263 billion last year, grew by 11.2% from Rp236 billion in 2009.

It recorded net earning per share (EPS) of Rp277 compared to Rp249 in previous year.

Revenue increased 4.4% to Rp710 billion while operating profit only rose 1.6% to Rp333 billion.

Its assets grew 9.3% to Rp1.82 trillion while liability declined 0.8% to Rp534 billion.

MKPI is currently priced at Rp2,800 per share. At this price, it has market capitlaization of Rp2.66 trillion. (teguh@theindonesiatoday.com)


More articles :

» Bumi Resources Japan Amends Nomura Facility

JAKARTA, Indonesia Today - Bumi Resources Japan (BRJ) Ltd, a subsidiary of PT Bumi Resources Tbk (BUMI), has amended its loan facility agreement with Nomura International Plc, increasing the facility from US$21 million to US$27 million.

» Ciputra Development Books Marketing Sales Rp2 Trillion

JAKARTA, Indonesia Today - Property developer PT Ciputra Development Tbk (CTRA) booked marketing sales of Rp2 trillion in the first four months to April 2012, Investor Daily reported this morning.

» BP Books Net loss of US$4.9 Billion in 2010

Theindonesiatoday.com - Oil and gas giant BP booked net loss of US$4.9 billion last year against net profit of US$13.95 billion in 2009 due to charges related to the Gulf of Mexico oil spill.

» Workers Demand Investigation Freeport Labor Practices

Theindonesiatoday.com - Thousands of PT Freeport Indonesia workers held a rally in front of the Manpower Service Office, Mimika Regency, Papua province, to question the institution's opinion on Freeport's alleged violations.

» Annisa Sues Singa Barong, Seeks US$48.1 Million

Theindonesiatoday.com - PT Annisa Wanageti files a lawsuit against PT Singa Barong at the South Jakarta District Court related to defendant's allegedly breach of contract.

» Govt's Debt Totals $201.07 Billion in May

Theindonesiatoday.com - Government’s debt rose 1.13% to US$201.07 billion as of May, 2011, and increased 2.4% year to date from US$186.5 billion as of December 2010, Ministry of Finance reported.

» 7 Years Sougth for Former Chief of Detectives

Theindonesiatoday.com - State prosecutors demanded seven years prison for Susno Duadji, former National Police chief of detectives, for taking Rp500 million bribery and embezzling Rp8.1 billion of security funds meant for the local election in West...

» Serica Reports Strong Growth of Kambuna Field

Serica Energy reported increasing production from its Kambuna field in North Sumatra. The field operator also restated its proven and probable (2P) reserves in the field.

» Barito Buys 40% Petrogras Pantai Madura Stakes

Petrochemical company PT Barito Pacific Tbk (BRPT) is diversifying its business to oil and gas industry by purchasing 40% shares in PT Pegrogras Pantai Madura, which holds 10% participating interest in the Madura Offshore PSC.

» Indonesian Crude Price Declines to $110.7 in December

Theindonesiatoday.com - The average Indonesian Crude Price (ICP) for December 2011 was US$110.7 per barrel, declined from US$112.52 per barrel in the previous month.

» Indomobil's Profit Surges in First Quarter

PT Indomobil Sukses Internasional Tbk said it booked net profit of Rp 113.8 billion in the first three months to March, a big jump profit compared to Rp 3.29 billion it earned in the same period of last year.

» Truba Suffers Rp152.69 Billion Loss

Theindonesiatoday.com - Engineering firm PT Truba Alam Manunggal Tbk (TRUB) suffered loss of Rp152.69 billion in first 9 months ending September 2011, compared to profit Rp23.54 billion in the corresponding period of last year.

» Three Regional Heads Suspended for Corruption Case

Theindonesiatoday.com - Three regents in West Java province will officially be suspended from their positions because of their status as corruption suspects. 

» Supreme Court Rules Against Djoko Tjandra

JAKARTA, Indonesia Today - Final legal attempt by businessman Djoko Tjandra, Bank Indonesia Liquidity Assistance (BLBI) and Bank Bali cessie case fugitive, to escape from jail sentence ended in dismay as Supreme Court has rejected his judicial...

» Cement Stocks Taken Over Better Spots from Coal Producers

Theindonesiatoday.com - Cement stocks---Semen Gresik and Indocement---have taken over higher rankings from coal producers, thanks to gains in the past few trading days.

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