Suzuki Sales 3.8 Times National Market Growth

Suzuki’s total sales in the first six months of this year has increased 40 percent when compared to the first six months of last year. Endro Nugroho, Director of Marketing 4W Suzuki Indomobil Sales, said that the growth in wholesale sales or from factory to dealer.
However, the car market in Indonesia in the first six months of this year compared to the first six months of last year recorded only a 12 per cent. Thus, in percentage, Suzuki sales figures many times of what is recorded in the market.
“The car market in Indonesia in the first six months of this year compared to the first six months of last year it only grew by 12 percent. So, this Suzuki grow about 3.8 times that of the growth of the market,” said Endro.
Sales of Suzuki four-wheel for total sales in the period June 2013 as many as 15 578 units (wholesale) and 13 778 units for retail sales or from the dealer to the consumer.
Through this figure, sales of Suzuki four-wheel drive to be the highest in semester-I in the year 2013 or for the period of January-June 2013. The total sales of Suzuki four-wheel-first semester 2013 was 75,425 units.
Of that total, Suzuki Ertiga MPV is ranked top in the biggest contribution Suzuki vehicle sales. For June, sales of 6,555 units or 42.1 percent of total sales in the month.
The second rank is occupied by Suzuki Carry Futura 1.5 for modelkomersial or commercial and passenger models. Sales figure of 4,664 units or 29.9 percent of total sales.
The next position is filled by Suzuki APV for passenger cars and commercial models (Mega Carry) with the number 3,241 units or 18.6 percent of the total.

Slightly turnover, Profit Drops 54% XL fact to Rp 670 Billion

PT XL Axiata Tbk (EXCL) correction suffers 54% profit in the first half of 2013 to Rp 670 billion from Rp 1.46 trillion. The company’s revenue edged up 1%.

XL recorded net income of Rp 10.3 trillion in the first half of this year, from Rp 10.2 trillion in the previous position. The rise in revenue driven by increased data service revenues by 13%.

“Our performance this quarter marks our success to turn things around after a decline in the previous two quarters,” said President Director of XL Hasnul Suhaimi, in a press release on Thursday (01/08/2013).

Until the end of the first half of 2013, the XL has spent Rp 4 trillion for infrastructure investment in the data. A combination of internal funds and debt.

XL has signed a new loan agreement in U.S. dollars with Standard Chartered Bank in May 2013 for U.S. $ 50 million. Meanwhile, during the first half of this 2013 also, the amount of debt XL increased to Rp 17.1 trillion from Rp 12.7 trillion in the previous year.

“XL will remain focused on data services given the growing use of data rapidly increasing contribution to company revenues. During the first six months of this year, data revenue accounted for 22% of total revenue, compared to 19% last year, “he added.