Astra Print Profit of Rp 4.3 trillion, Thinning 7%

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PT Astra International Tbk (ASII) recorded a profit of Rp 4.3 trillion at the end of March 2013. Thinning profit 7% of the acquisition of the same period of the previous year of Rp 4.6 trillion.

The fall in profit was in line with the Astra stagnanya Astra turnover alias net income in the first quarter of 2013 amounted to Rp 46.7 trillion, edged up 1% compared to the same period in 2012 of Rp 46.4 trillion.

“Indonesia’s economic outlook remains positive, although in the short term gains Astra will be affected by rising labor costs, weakening commodity prices, competition in the automotive industry and the impact of regulations on the minimum down payment auto financing sharia,” said President Director of Astra International Prijono Sugiarto in press release, Wednesday (24/04/2013).

Astra Group activities focus on six core business lines, namely Automotive Division, Financial Services, Heavy Equipment and Mining, Agribusiness, Infrastructure and Logistics, and Information Technology with the following details.

Automotive Division’s net profit fell by 10% to Rp 2.2 trillion, consisting of Rp 1 trillion from the Company and its subsidiaries, as well as the contribution from associates and jointly controlled entities in the automotive field of Rp 1.2 trillion.

Throughout the first quarter of 2013, demand for motor vehicles remains high, mainly supported by rising incomes and borrowing rates are affordable. However, increased competition due to increased domestic production capacity and rising labor costs have led to a reduction of the net profit contribution of automotive segments. This condition is expected to continue in the second quarter.

Regulatory minimum down payment on auto financing imposed sharia financing for companies since January 1, 2013 and applies in the bank on 1 April 2013, had little impact on the performance of the first quarter. The new regulation is expected to have an impact on the motorbike sales in the first half.

Total national car sales increased 18% to 296,000 units. Astra’s car sales (Toyota, Daihatsu, Isuzu, UD Trucks and Peugeot) increased 7% to 155,000 units, with a market share of 52%. In the first quarter Astra launched three new models and five facelift models.

Astra Daihatsu Motor has completed construction of a new factory in Karawang with a total production capacity of 120,000 units per year, so overall production capacity to reach 460,000 units per year.

While the national motorcycle sales rose 2% to 2 million units. Honda motorcycle sales output of PT Astra Honda Motor (AHM) rose 14% to 1.2 million units, with an increase in market share from 55% to 62%.

Throughout the first quarter of 2013, PT Astra Honda Motor launched two new models and four models facelift. PT Astra Honda Motor has increased the production capacity for sport type motorcycle from 900 units to 1,300 units per day.

PT Astra Otoparts Tbk (AOP), component manufacturing company in which 95.7% owned by the Company, recorded a net profit of Rp 267 billion, an increase of 2%, where 71% is the contribution from associates and jointly controlled entities. 11% increase in revenues eroded by rising labor costs.

Division of Financial Services net profit rose 23% to Rp 1 trillion. Total financing through Astra automotive finance business consisting of Federal International Finance (FIF), Astra Credit Companies (ACC), and Toyota Astra Financial Services (TAFS) grew 6% to Rp 13.2 trillion, including joint financing through bank financing without recourse .

Total weight of equipment financing through PT Surya Artha Nusantara Finance and PT Komatsu Astra Finance fell 40% to Rp 1.3 trillion. PT Bank Permata Tbk is 44.6% owned by the Company, posted a net profit of Rp 356 billion, an increase of 7%. Net interest income increased driven by higher loan growth by 36%, despite the increase in operating costs.

PT Asuransi Astra Buana (AAB) subsidiaries engaged in insurance business had a net profit due to higher growth in gross premium income in excess payment of reinsurance and claims costs are high.

Net income and Mining Equipment division fell 26% to Rp 0.7 trillion. PT United Tractors Tbk (UT), which is 59.5% owned by the Company, reported a 26% drop in net income to Rp 1.1 trillion, while net income decreased by 17%.

Business segment net revenue of construction machinery fell 42%, due to lower sales of Komatsu heavy equipment by 42% to 1,272 units. This happens due to decreased demand from the mining sector, especially for large units. Although when compared with the final quarter of 2012, unit sales increased by 70%.

Pamapersada PT Nusantara (PAMA), a subsidiary of UT in the field of coal mining contractor posted a net income increase of 19%, in line with the increase in coal production by 12% to 24 million tons and increase soil removal work (overburden removal) by 3% to 199 million bcm. Good performance was driven by increased mining capacity and good weather conditions.

UT subsidiaries in mining reported net income decreased by 36%, which is caused by the decrease in coal sales by 23% to 1.2 million tons. Decline in coal prices and rising fuel prices have a negative impact on gross profit margin.
Agribusiness Division’s net profit decreased by 6% to Rp 0.3 trillion. PT Astra Agro Lestari Tbk (AALI), which is 79.7% owned by the Company, reported net income of Rp 356 billion.

Palm oil production increased 22% to 352,000 tonnes, which resulted in increased revenue by 6% to Rp 2.7 trillion, although compared to the first quarter of 2012 the average CPO price decreased 16% to Rp 6.464/kg. Overall net income decreased, due to the high cost of production and operational costs.

Net income Infrastructure and Logistics Division declined by 19% to Rp 124 billion. PT Marga Mandala Sakti (MMS), which operates the toll road operator pathway Tangerang – Merak along 72.5 km, which is 79.3% owned by the Company, noted an increase in the volume of vehicle traffic by 10% to 10 million vehicles.

PT PAM Lyonnaise Jaya (PALYJA), a leading provider of clean water in the area west of Jakarta, reported a decline in water sales volume by 3% to 37 million m3. PT Serasi Autoraya (SERA), recorded an increase in revenue, mainly supported by the increasing number of vehicles on lease contracts TRAC vehicle rental business by 6% by the number of vehicles of more than 31,000 units. The high cost of depreciation and operating costs lead to lower net income compared to the first quarter of 2012.

Net income and Information Technology Division of Rp 20 billion, down 22% compared to the first quarter of 2012. PT Astra Graphia Tbk (AG), a company engaged in the field of information technology and the sole agent of Fuji Xerox in Indonesia, which is 76.9% owned by the Company, recorded a net profit of Rp 26 billion.

Takjil Transaction achieve Rp 4 bilions

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BOGOR-Who says business takjil during Ramadan is home-based business with minimal turnover. In Bogor, turnover of the business is actually small medium businesses billions of dollars.

During the last six days, the velocity of money to commodities takjil Ramadan City Rain turns to reach Rp 4 billion. Average daily transaction estimated at Rp680 million.
This does not include culinary shopping “street” during fasting, such as in the cafe tent, stalls pecel catfish, seafood or cottage. The transaction is expected to double, from 3 billion to 6 billion per night.

A trader takjil in Jalan Padjadjaran, Ernie claimed could sell 200 packs per day. “Not only compote, but there lupis, golosor noodles, and fried foods. The price is Rp 5,000 per pack, so my turnover approximately one million dollars. Fortunately Rp200 thousand per day, “he explained.

At least there are five centers takjil in Bogor, which is in Housing Yasmin, Jalan Tegalgundil Bantarjati, Suryakencana Street, Fountain Roundabout, and the dam area. Not infrequently, the height of the seasonal market spill resulted in congestion due to the crowds of visitors.

On average in every village there are 10 traders takjil, it is estimated that there are 680 traders takjil in 68 villages in the city of Bogor. When a trader doing an average transaction of Rp 1 million, then the velocity of money to commodities takjil around Rp680 million.

“That figure is logical, very logical. Bogor is quite consumptive, so that small and medium enterprises (SMEs) in the field of culinary enthusiasts never quiet, “said the Chairman of the Chamber of Commerce and Industry (Kadin) Bogor, Radar Bogor to Erik Suganda (Group JPNN), yesterday.

Erik said, Bogor City Chamber of Commerce study culinary related transactions always scored five feet high. “From the afternoon, at about 16:00 in the morning until late, transaction hawkers around Rp3 billion. At Ramadan, increased 100 percent because many people break their fast on the outside of the house, “he explained.

Meanwhile, economic observers Bogor, Nusa Muktiaji said the high turnover of describing a culture of consumption. “It tends to over-consumptive culture. A number of commodities which is usually not consumed, it sought during Ramadan, such as pastries, “he said.

PTPP Rp 92.94 billion Dividend Coverage

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PT PP (Persero) Tbk (PTPP) will pay dividends of Rp 92.94 billion. The dividend equivalent to 30% of the net profit of Rp 309.68 billion in 2012.

Director PTPP, Bambang Triwibowo said net profit last year rose by 29% compared to previous year profit of Rp 240.22 billion.

“The increase in net income was bolstered by the acquisition of new contracts, increase revenue and efficiency and continuous innovation company,” Bambang said in a press conference at Headquarters PTPP, Pasar Rebo, East Jakarta, Tuesday (30/04/2013).

The plan, the dividend will be distributed to shareholders in June 2013. To revenue in the year 2012, the issuer’s stock PTPP coded, managed to reap Rp 8 trillion.

This revenue, an increase of 28.43%, when compared to last year’s Rp 6.23 trillion.

“To support the company’s long-term target of the future will be supported by the construction of 5 business, property, EPC, investment and other businesses such as industry,” he said.

Net Income Exceeds MNC Rp1 Trillion

PT Media Nusantara Citra Tbk (MNCN) posted a rise in net income for the period by 21.1 per cent to Rp1, 01 trillion, compared to the previous period in 2012 amounted to Rp834 billion. The increase in profit was also followed by an increase in revenue to Rp 3, 13 trillion compared to previous periods amounting to Rp3, 04 trillion.

As for the company’s direct expenses decreased to Rp1, 31 trillion, compared with the previous Rp1, 45 trillion. While the company’s gross profit increased to Rp1, 81 trillion compared to the previous period in 2012 amounted to Rp1, 59 trillion. Comprehensive income also rose to Rp969 billion compared to the previous amount of Rp849 billion.

Cash and cash equivalents per the company’s June 30, 2013 amounted to Rp381 billion from Rp809 billion for the previous. The company’s total current assets as at 30 June Rp 7, 88 trillion compared to December 31, 2012 amounting to Rp 6, 76 trillion. The amount of non-current assets by June 30, 2013 amounted to Rp2, 37 trillion from Rp2, 19 trillion.

The company’s total current liabilities per June 30, 2013 amounted to Rp2, 36 trillion compared to December 31, 2012 amounted to Rp1, 25 trillion. Long-term liabilities the company June 30, 2013 amounted to Rp291 billion compared to December 31, 2012 amounted to Rp413 billion.

While the total equity of the company June 30, 2013 amounted to Rp 7, 60 trillion, compared with the previous December 31, 2012 amounting to Rp 7, 29 trillion.

Net profit of PLN “Skyrocket” 15,305 Percent

Net income of the State Electricity Company (PLN) in the first half jumped 15,305 percent in 2013 to Rp 4.77 trillion from the same period the previous year which is only Rp 31 billion.

In a financial report submitted to the Indonesia Stock Exchange on Tuesday (07/30/2013), note that the net profit of state-owned electricity skyrocketing is because the company no longer record foreign exchange translation losses. A year earlier, the company suffered losses of up to Rp 6.74 trillion, and the first half of 2013 the company recorded an exchange gain of Rp 909.45 billion.

The company recorded sales of electricity during the first 6 months of 2013 reached Rp 71.6 trillion. Number rose 15.15 percent from semestar I-2012 amounted to Rp 62.18 trillion.

Meanwhile, the amount of subsidy received from the government at the end of June reached Rp 43.8 trillion, down 8.9 trillion from Rp 48.08 trillion a year earlier. Thus, total revenue reached Rp 116.73 trillion in the first half of 2013, up 4.8 percent year on year.

On the other hand, due to rising liability company, PLN also recorded a rise in interest expense to be paid. In the first half of 2013, the cost of funds to pay the state-owned electricity reached Rp 13.74 trillion, an increase from the first half of 2012, Rp 11.46 trillion.

Farmers Sugar Price Dropped

Semarang, – farm gate price of sugar in Central Java back drop. Currently the price to Rp 9,470 per kilogram from Rp 10,050 per kilogram. Chairman of the Council Indonesian Sugarcane Plantation Association (APTRI) Java Sukadi Wibisono said sugar prices have tumbled since two months ago.
Drop in sugar prices due to transport cut sugar factory management. The process of cutting transport queue until the production process reaches four to five days. Whereas the standard should not be more than one day. The new cane harvested, transported for processing directly in the sugar factory.
“As a result, sugar yield decreased to 6% only. Whereas previously could be more than 7%,” he said on the sidelines of the auction sugar by traders, yesterday.
According to him, the sugar factory shall fix the cut freight management. So that the loss rate is very high yield does not occur. Queues at the sugar factory railway yard too long, can be up to two days. So the amount of sugar cane that has been harvested from the garden lot that is not transported. Amount of cane that is not transported and left alone in the garden, making the yield down.
“If calculated, with a 6% yield of the sugar mills are profit. However aggrieved farmers. If you like this, long-time farmers are not interested in planting sugar cane,” he said.
Yield is the level of sugar content in the sugarcane expressed in percent. Yield 10%, meaning that the 100 kilograms of sugar cane to sugar mills digilingkan be obtained as much as 10 pounds of sugar.
“Wet dry conditions had no effect on the quality of the yield. Due to the rain does not happen every day,” he said.
He said that the falling price of sugar in auction rate farmers are very concerned, because it would threaten the sustainability of the cultivation of sugarcane plantations in Central Java. Not to mention cutting labor costs and increasingly burdensome transportation rose growers.
“It is feared that self-sufficiency can not be achieved,” added Sukadi.
This year APTRI predict the amount of sugar cane production in the province will increase to 42 million quintals. Last year, the amount of sugar cane production by 35, 714 million quintals, and 2011, only about 30 million quintals.
Currently sugar mills are having entered the milling season until October 2013. Of eleven sugar factories in operation, production is highest in PG Trangkil at 50000-60000 quintals per day. Then followed PG Tasikmadu, Sragi, Rendeng, Pakis, Mojo, Pangkah, Jatibarang, Sumberharjo, Cepiring, and New Gondang.

Analysis of stock market investors fear

JAKARTA – Capital market analysts, Pardomuan Sihombing said that the decision of the judges of Corruption (Corruption) in a case of IM2, causing fears of capital market investors. Because the regulations are not clear can ensnare anyone who is doing business in Indonesia.

“It could happen (investors will fear) that the decision was negative, meaning that is associated with the regulation of the telecommunications industry,” said Pardomuan Sihombing, told reporters on Friday (19/7).

It is said, that investors will invest into doubt whether the investment fund to be back or not, when the company suddenly entangled case. Doubt it, he added, is very clearly threatens the entire industry.

“Investors need legal certainty, because that’s what makes the industry rules become clear, so as to ensure the development of the telecommunications industry,” he said.

Pardomuan added that the symptoms have not been perceived concerns, the article of the legal process is not over. However, if there is already a binding verdict and declared IM2 guilty, then the impact will be felt.

“We all expect the final result will be better,” said Pardomuan.

As information, on Monday (8/7) Corruption Court sentenced former Director of IM2, Indar Atmanto to 4 years imprisonment with a fine of Rp200 million with subsidiary imprisonment of 3 months. Judge fines also punish IM2 pay Rp1, 3 trillion. Judges-network cooperation Indosat IM2 there are elements of corruption.

This ruling a major impact, as almost all sectors of the telecommunications businesses registered as a public company is also running a similar business model. Including PT Indosat Tbk, PT Telkomsel, PT XL Axiata Tbk, PT Smartfren Telecom, PT Bakrie Telecom Tbk and other telecommunications operators.

In fact, the communication sector alone contributes to Rp11, 8 trillion in revenues and in 2012. This figure is the biggest revenue for Indonesia in addition to the energy and mineral resources.

Responding to the verdict, Indonesian Infocom Society (Mastel) and the Indonesian Telecommunications Regulatory Body (BRTI) have reported the presiding judge to the Judicial Commission.

Mastel judge there are allegations of violations of the code of conduct by the presiding judge in the case. “There are some points that filed a complaint to the Judicial Commission, namely that the judges in check and try not professional in understanding the case filed,” said Mastel Chairman, Setyanto P. Santosa.

Setyanto judging, the judges are not being fair in making its decision. According to him, the judges only listen to experts from the Public Prosecutor (PP). and ignore the official opinion of the Ministry of Communications and Information Technology as the regulator Telekomunikasi Indonesia.

This reason Yusuf Mansur Hotel Business Joint Venture Acquisition

JAKARTA, – Ustaz Yusuf Mansur turns out to have its own reasons for making the business of the Joint Venture Enterprises congregation funds. Even the joint funds can be used to acquire the hotel and turn it into a hotel for pilgrims and Umrah.

Chairman of the Joint Venture business owned Enterprises Yusuf Mansur, Arief Mufti, said the reason for this famous preachers make the business because he believes that Indonesia is very rich. Even according to analyst projections, Indonesia is believed to be a superpower.

“But we was funny. Ustaz Yusuf Mansur right Betawi, he kept thinking of Indonesia’s property behind. He considers that the Indonesian people not to miss business. Treasures Do not let it circulate in certain sectors (foreign owned),” Aries said at the conference FSA press office, Jakarta, Monday (29/07/2013).

Aries regard, the joint business is a fund of the people, by the people and for the people. Therefore, these funds can be rotated to generate profitable business. However, Aries is still reluctant to comment on the value of the proceeds from a joint business venture, especially funds that can be used to acquire Paragon Hotel Soekarno Hatta airport in Tangerang district and is now converted into a hotel Siti.

“The issue of funding, there will be an official release. We did not make a statement about it. Data will be verified again, they are consolidated, so that there is no mistake,” said Vice Chairman of the Expert Council of Islamic Economic Society (MES) is.

Currently, the FSA suggested that Yusuf Mansur public companies to make business overshadow the Joint Effort. Because, so far, the business people do not obey the rules of the stock market, let alone the promised gains of up to 8 percent.

National E-Retailer Home Security Store Expands to a New Building in Southern California

Home Security Store, Inc.

has seen strong and steady growth over the past several years. So much so, that the company has purchased an even bigger warehouse and office space building in Southern California.
“We need more room to grow. We were running out of room in our old warehouse,” said Home Security Store Vice-President Ralph Winn, who has more than 37 years of experience in the security industry.
Home Security Store is the premiere online e-commerce website specializing in affordable Do-It-Yourself wireless and hardwired home alarms, security camera systems, fire protection products, spy equipment, survival gear, home automation devices and more. In addition, the company’s website offers useful video tutorials, tips, security news and educational articles teaching homeowners how to optimize home security in order to help prevent property loss and damage.
Through its website, Home Security Store informs visitors how a DIY security installation can save money. Home Security Store sells name brand equipment directly to the public with same-day shipping option and technical support.
Winn says this is the second time in the past several years that the company has had to move in order to accommodate the business’ growth.
Home Security Store’s new home is a 33,000-square-foot building located on the Riverside and Corona city line. Acquiring such a central location will allow the company to also engage with local installers in Riverside, Corona, and the surrounding Orange County area.
“Great customer service and free top-notch tech support has been at the core of Home Security Store’s plan for success since it opened its doors and this will continue as the company grows,” adds Winn.
“Today, in the home security field, there are so many competitors to choose from, which is a major hurdle in trying to get the attention of potential customers. Nevertheless, Home Security Store has optimized its online business since the mid-1990s, and still does today, by bringing customers the best of service with seasoned technical professionals and a product line which features the latest technology to help make your property safe and life easy,” Winn said.
With that in mind, Winn adds that the company has long had the trust of DIY home and business owners nationwide and is expanding to a new market of local installers, as well.
“The new location has landed us in an ideal and centralized area in Southern California. The new building will allow us the means to truly serve the wholesale market. This means we will provide the contractor a comfortable place to not only purchase from, but a friendly environment to come and learn about the newest trends and get hands-on training,” said Home Security Store’s Wholesale Account Manager Andre Perkic.
About Home Security Store, Inc.
Home Security Store is the premiere online e-commerce website specializing in affordable DIY wireless and hardwired home alarms, security camera systems, fire protection devices, spy equipment, survival gear, home automation technology and more. The company brings together highly trained, professional technicians and a state-of-the-art product line to provide the most comprehensive security source found online.

Muslim clothes merchant turnover in Condet Reaches Rp 5 Million / Day

Idul Fitri 1434 H, the demand for ever increasing number of goods, including the Muslim clothes for men clothes Koko. Momentum is not wasted as it is by the merchants Condet impromptu at Jalan Raya, precisely near Masjid Al-Hawi, Kramat Jati, East Jakarta.

In a typical day traders only sell clothes such Koko perfume refill, however, ahead of the holiday, this Condet merchants met impromptu Koko clothes. Visible row of hawkers crowded Muslim clothes look as if to welcome the day of victory of Muslims.

One trader, Henry, said that if he sells daily from 08.00 am until 03.00 am in the morning. At his stall selling, sold a variety of needs Lebaran, among other various types of clothes, cap, gloves and perfumes.

The goods were obtained from different regions, namely East Java, Jakarta, and even directly from Saudi Arabia. The price offered was varied according to the quality of the material.? “Gloves Rp 40,000-Rp 300,000. Most expensive of silks. Koko Then from 50 thousand to 150 thousand,” he said.

However, approaching the holidays, the number of buyers has increased. So even turnover. He says one day can pocket up to 5 million. Furthermore the buyer also sometimes buy at any given time.
? “Want to dawn is also no subscription buy, usually lunch he could not come, so lately like overwhelmed,” he said.?

? A buyer, Adit said he chose the area as a hunting ground Condet Eid clothes because the price is in accordance with the regular employees such as himself. ? “Want to buy a shirt and koko for brothers, for Eid. Usually when you want to Lebaran this way, down the price,” he said.?

Condet as a place to buy equipment Lebaran because quality is assured. In fact according to him, the area was already known.? ? “My friend was given out, he said good here, so I bought here. Buy a hell, koko,”

Came the afternoon and evening alone, addition can freely choose clothes without bersumpek-sumpekan, trading activities indeed result in traffic being choked, it can even lead to congestion.