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BSM Q1 Profit Jumps 42.87%

BSM Q1 Profit Jumps 42.87%  

JAKARTA, Indonesia Today - PT Bank Syariah Mandiri (BSM) posted net profit of Rp192.72 billion in the first quarter (Q1)…

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Oil Stays Below $92, Coal Shares Lost Steam

Oil Stays Below $92, Coal Shares Lost Steam 

JAKARTA, Indonesia Today - Coal-related shares retreated in the region this morning, after substantial rebound on Tuesday, as Nymex crude…

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CPO Slips, Dragging Down Plantation Shares

CPO Slips, Dragging Down Plantation Shares 

JAKARTA, Indonesia Today - Plantation shares slip again in the region this morning to tracking the downfall of crude palm…

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Royal Oak Seeking Rp500 Billion Loan

Royal Oak Seeking Rp500 Billion Loan 

JAKARTA, Indonesia Today - PT Royal Oak Development Asia Tbk (RODA) is now seeking bank loan amounting Rp500 billion for…

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Banyu Urip Field Starts Oil Production in May 2014

Banyu Urip Field Starts Oil Production in May 2014 

JAKARTA, Indonesia Today - The Upstream Oil and Gas Regulatory Body (BPMIGAS) is confident that Banyu Urip project in the…

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ENRG's Tonga Block Commences Oil Production

ENRG's Tonga Block Commences Oil Production  

JAKARTA, Indonesia Today - Tonga block PSC, controlled by Energi Mega Persada (ENRG), has commenced oil production at capacity of…

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Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village

Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village 

SUMENEP, Indonesia Today - Hundreds of Sumenep residents, East Java force PT Energi Mineral Langgeng (EML) to stop its exploration…

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State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert

State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert 

JAKARTA, Indonesia Today – State Officers are likelihood to welcome international superstar Lady Gaga to perform at Gelora Bung Karno…

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First Lady Downplays Ideas to Be 2014 President Candidate

First Lady Downplays Ideas to Be 2014 President Candidate 

JAKARTA, Indonesia Today – First Lady Ani Yudhoyono plays down the ideas of her presidential candidacy in 2014 Election currently…

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Multipolar Expands in Direct Broadcast Satellite Business

Multipolar Expands in Direct Broadcast Satellite Business 

JAKARTA, Indonesia Today - PT Multipolar Tbk has acquired 85% shares of PT Tecnoves International as part of its expansion…

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Delta Dunia Coal Output Down 2%

Delta Dunia Coal Output Down 2% 

JAKARTA, Indonesia Today - PT Bukit Makmur Mandiri Utama (BUMA), mining contractor unit of PT Delta Dunia Makmur Tbk (DOID),…

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UNTR Coal Sales Jumps 37%

UNTR Coal Sales Jumps 37% 

JAKARTA, Indonesia Today - PT United Tractors Tbk (UNTR)’s coal sales in the first four months of 2012 jumped 37.3%…

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Latest News

Bank Papua Q1 Profit Rp101.79 Billion

JAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp101.79 billion in the ...

Banking | Wednesday, 23 May 2012

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Naga Selatan-1 Drilling Reaches 84% Total Depth

MELBOURNE, Indonesia Today - Cue Energy Resources Ltd says the drilling in the Naga Selatan-1, East Kalimantan well has reached 84...

Energy | Wednesday, 23 May 2012

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SGX offers MSCI Indonesia Futures from 11 June

SINGAPORE, Indonesia Today - Singapore Exchange’s (SGX) MSCI Indonesia Index Futures will begin trading from 11 June ...

Stocks | Tuesday, 22 May 2012

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Bank Permata Sets Bond Coupon at 8.5-9.5%

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) has set indicative coupon of between 8.50% to 9.50% for its ...

Bonds | Tuesday, 22 May 2012

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Three Trucks of PTPN II Burnt Down Following Clash with Local People

DELI SERDANG,  Indonesia Today - Local people have burnt down three unit trucks of State plantation company PT Perkebunan Nusantara ...

Dispute | Tuesday, 22 May 2012

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Multipolar Controls 10.59% Stake in Bank Nobu

JAKARTA, Indonesia Today - Lippo Group’s service and trading company, PT Multipolar Tbk (MLPL) invests Rp43.73 billion in PT Nationalnobu ...

Banking | Tuesday, 22 May 2012

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IDX Gains 1.19% on Regional and Wall Street Rebounds

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) gained 1.19% to 3,986.90 this morning following the re...

Stocks | Tuesday, 22 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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Latest News:

Resources

Theindonesiatoday.com - Plantation company PT Astra Agro Lestari Tbk (AALI) posted net profit of Rp1.32 trillion in the first half (H1) of 2011, jumped 99% from Rp662 billion in the corresponding period of 2010.

It recorded earning per share (EPS) of Rp806, compared to Rp404 a previous year. The company said revenue increased 51% to Rp5.29 trillion trillion from Rp3.52 trillion a year earlier.

Gross profit grew by 67.9% to Rp2.06 trillion from previous Rp1.23 trillion while operating profit jumped 81.7% to Rp1.73 trillion from Rp954 billion in the first half of 2010.

As of June 2011, its assets totaled Rp9.69 trillion while liability amounted Rp1.98 trillion. (teguh@theindonesiatoday.com)


More articles :

» IDX Opens Higher, Regional Mixed

Theindonesiatoday.com - Composite index of the Indonesian Stock Exchange (IDX) opened higher by 0.48% at 3,928.33 this morning while regional markets were mixed.

» PLN's Majapahit Holding Finalizes Consent Solicitation for Notes

Theindonesiatoday.com - Majapahit Holding B.V,  a wholly-owned subsidiary of state electricity company PT Perusahaan Listrik Negara (PLN), has final result of solicitation to amend to the issuer’s US$550 Million guarantee notes due 2016.

» BII Finance Gets Rp1 Trillion Loan from OCBC NISP

Theindonesiatoday.com - PT BII Finance Center will secure Rp1 trillion loan from PT OCBC NISP Tbk by early next month for supporting its financing target of Rp5.11 trillion for this year, Bisnis Indonesia reported this morning.

» Keppel to Build US$4.2 Billion Rigs for Sete Brasil

SINGAPORE, Indonesia Today - Keppel FELS Brasil SA and Estaleiro BrasFELS Ltd, subsidiaries of Singapore company Keppel Offshore & Marine Ltd, will build five semisubmersible drilling rigs worth US$4.2 billion for Sete Brasil Participacoes SA.

» Gas Prices to Be Raised, Adds $7.5 Billion to State Coffers

JAKARTA, Indonesia Today - Gas prices purchased from Corridor Block and South Sumatera Block supplied to PT Perusahaan Gas Negara Tbk (PGAS) are set to be raised by more than threefold. Meanwhile the State will capture more income from oil & gas...

» Whitehaven to Resume Coal Operations after Heavy Rainfall

SYDNEY, Indonesia Today - Whitehaven Coal Ltd, one of the major coal miners in Australia, has recommenced coal production at open cut mines Werris Creek and Tarrawonga, and will soon resume operation of Sunnyside and Rocgien mines, after almost one...

» Templeton Fund Invests 8.9% of Assets in Indonesia

Theindonesiatoday.com - Templeton Global Income Fund reported on Wednesday (May 18) that it booked net assets value (NAV) of US$1.36 billion, or US$10.27 per share, as of April 30, 2011, of which 8.9% of assets invested in Indonesia.

» BUMI Cancels Divestment of Gallo Oil

Theindonesiatoday.com - Bumi Resources (BUMI) has on April 21 canceled divestment of 20% shares in Gallo Oil (Jersey) Ltd to Florenceville Financial Ltd.

» Oil Price Slightly Up, Energy Stocks Mostly Flat

Theindonesiatoday.com - The oil and gas commodities futures prices were mixed. The price of futures Asian Nymex Crude oil was at USD 98.08 per bbl, up 0.03% from previous settlement, while the Natural Gas slipped 0.57% to USD 4.38 per MMBtu.

» Surakarta Mayor Gets Support for Jakarta Governorship

Theindonesiatoday.com - Support for Jokowi, a nickname of Joko Widodo (Surakarta Mayor), to lead Jakarta as a Governor continues to grow.

» PGN and Petronas Sign Cooperation Agreement

Theindonesiatoday.com - State owned gas transmission and distribution company PT Perusahaan Gas Negara Tbk (PGAS) has inked two agreements with PT Indogas Kriya Dwiguna (IKD) and Petronas Bhd regarding on its gas business developments.

» Rekayasa Industri-Lipkin Awarded Cepu EPC Contract

 Theindonesiatoday.com - Mobil Cepu Ltd, subsidiary of Exxon Mobil Corporation, appoints consortium of PT Rekayasa Industri – Lipkin LLC for the engineering, procurement, and construction contract for offshore pipeline and mooring facilities (EPC...

» Madhucon Gets Forest Clearance License in Dawas Mine

BOMBAY, Indonesia Today - PT Madhucon Indonesia receives forest clearance license in Dawas Mine, South Sumatera and expect to commence production by June 2012.

» IDX Inches Up 0.19% at Morning Close

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) only ended up 0.19% at 3,759.66 at morning close as profit taking cut its earlier gain. Regional markets also gain.

» Naga Utara-1 Drilling Reaches 40% Target

SYDNEY, Indonesia Today - Singapore Petroleum Company has completed around 40% of drilling campaign in Naga Utara-1 in the Mahakam Hilir PSC, East Kalimantan so far and expects to take approximately 19 more days to complete.

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