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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 Sampoerna Agro Tbk (SGRO) posted net profit of Rp468.63 billion in first 9 months of 2011, surged 86% from Rp252.01 billion in the same period of last year.

It recorded earning per share (EPS) of Rp245, compared to Rp132 a previous year.

Sales jumped 84% to Rp2.51 trillion for the period from Rp1.37 trillion a year earlier while cost of good sold also soared 81% to Rp1.6 trillion from previous Rp885.35 billion.

Gross profit was Rp914.28 billion while operating profit reached Rp642.24 billion, a 78% rise compared to Rp360.37 billion in first 9 months of 2010.

As of September 2011, its assets totaled Rp3.22 trillion while liability amounted Rp802.18 billion. (teguh@theindonesiatoday.com)

 


More articles :

» 20-Year Mining Lease for Tembang Gold Project Approved

SYDNEY, Indonesia Today - Sumatra Copper & Gold Plc, an emerging gold producer, has secured approval from Indonesian government for the conversion of its 100%-owned Tembang project from exploration to exploitation (mining lease) license.

» Bukit Asam H1 Profit Jumps 79%

Theindonesiatoday.com - State coal miner PT Tambang Batubara Bukit Asam (PTBA) Tbk booked net profit of Rp1.6 trillion in the first half of 2011, jumped 79% from the same period last year.

» VWM Commences Due Diligence on Novienindo Copper, Sulawesi

Theindonesiatoday.com - Victory West Metals Ltd (VWM) has mobilized an experience team to commence technical due diligence at the Novienindo Copper Project in Sulawesi.

» Salim's QAF Profit Soars 43%

Theindonesiatoday.com - Food company QAF Limited, controlled by Salim Group, booked net profit of S$39 million in the first half of 2011, soared 43% from the same period last year on improved margin.

» AusGroups Unit Secures AU50 Million Contract from Chevron

Theindonesiatoday.com - AusGroup’s subsidiary, AGC Industries Pty Ltd (AGC), has been awarded a major fabrication contract by Chevron Australia to manufacture pipe spools for the Gorgon Project.

» Chevron Expected to Drill Gendalo-Gehem in 2014

TANAH LOT, Indonesia Today - Chevron is expected to drill the Gendalo – Gehem deepwater blocks in Makassar Strait by 2014.

» Asiatic's Land to Be Occupied by Local Tribes

Theindonesiatoday.com - Around five local tribes of Suku Anak Dalam in Jambi are going to occupy PT Asiatic Persada’s lands as conflict of land between both parties is not settled yet.

» Oil Falls Further to US$77, Energy Stocks Drowned

Theindonesiatoday.com - Crude oil falls further by 5.2% to US$77 per barrel in Asian trading of Nymex this morning, dragging down energy stocks in the region.

» Pamapersada Signs Interest Rate Swap Contracts with SMBC & ANZ

JAKARTA, Indonesia Today - PT Pamapersada Nusantara, a subsidiary of PT United Tractors Tbk (UNTR), has entered into Interest Rate Swap contract with Sumitomo Mitsui Banking Corporation Ltd and PT ANZ Panin Bank in January 2012.

» Peter Sondakh Builds St Regis Hotel Jakarta

Theindonesiatoday.com - Rajawali Group, controlled by tycoon Peter Sondakh, plans to build St Regis Hotel at Jl Gatot Subroto, Jakarta.

» Bank Panin Profit Falls 34.8%

Theindonesiatoday.com - Bank Panin (PNBN) booked net profit of Rp427 billion in the first five months of 2011, slashed 34.8% from the same period last year.

» Triangle Kicks Off Rig Tender for Pase Block, Aceh

Theindonesiatoday.com - Triangle Pase Inc, subsidiary of Triangle Energy Ltd, has kicked off open tender for the provision of drilling rig services covering three wells in Pase production sharing contract, Aceh.

» Solusi Tunas Kicks Off IPO

Theindonesiatoday.com - Telecommunication tower and site provider PT Solusi Tunas Pratama (STP) Tbk announces on prospectus today it plans to offer 100 million shares, or 16.7% of its enlarged capital, through the initial public offering (IPO).

» China Merchant Bank Proceeds with RMB35 Billion Rights Issue

Theindonesiatoday.com - China Merchant Bank Ltd, one of the largest banks in China, has decided to proceed with the issue of new A and H Shares to raise gross proceeds of not more than RMB35 billion.

» Hanking Sees Short-Term Fluctuations in Iron Ore Market

HONG KONG, Indonesia Today - China Hanking Holdings Limited, one of the largest iron ore suppliers for China, anticipates short-term fluctuations and uncertainties to the prices of the iron ore products.

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