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.
No comments, shop8admin, December 22, 2017
JAKARTA – PT Dharma Satya Nusantara Tbk (DSNG) in the first semester of 2013 an operating profit of Rp 260 billion in the first half of 2013, up 9% over the previous period of only Rp 238 billion. This is mainly due to the decrease in cost of sales per ton of crude palm oil (CPO) of 8.4% from USD 4.7 million in the first half of 2012 to Rp 4.3 million.
“Although the price of CPO in the international market this year has decreased, the company managed to maintain the gross profit margin of 28% as of last year, and operating profit margin at the level of 15%,” said Andrianto Oetomo, Vice President Director of PT Dharma Satya Nusantara Tbk (DSNG), in a press release.
Recorded net sales of Rp 1.7 trillion. The amount of net sales contributed by the plantation sector reaches 60% or Rp 1 trillion and wood products sector reaches 40% or approximately Rp 0.7 trillion. The revenue contribution from the plantation sector increased 55% compared to last year.
As of June 2013, total assets of the Company’s total of Rp 5.7 trillion, up 11% compared to the last year of Rp 5.1 trillion. Total equity of the Company to Rp 1.9 trillion, an increase of 35.6%.
No comments, shop8admin, December 18, 2017
China’s industrial profit growth slowed in June, because the country’s economy will weaken, rising costs, and the price of goods down because demand is growing moderately.
Based on data released by the Bureau of Statistics of China, on Friday (26/07/2013) net income of Chinese companies rose 6.3 percent (year on year / yoy) to 502.4 billion yuan (82 billion U.S. dollars, or Rp 820 trillion) . Growth is lower when compared to the previous month to reach 8.8 percent.
Stock markets in China also fell for the third time on the same day, in response to low growth in manufacturing, after the Chinese government reduce its 19 capacity to trim excess supply causes the price to drop.
At the same time, China’s National Council has also offered limited support through acceleration of railway construction, tax cuts for small businesses and cut export costs.
“In terms of policy, the most obvious thing is there is no economic stimulus package in China,” Zhu Haibin, an economist at JPMorgan Chase & Co., Which is based in China.
According to him, the Chinese government is now trying to formulate fiscal policy to be more effective at reducing the administrative expenditure.
Meanwhile, on the monetary side, the Chinese central bank is trying to boost credit directly channeled to the real sector.
No comments, shop8admin, December 9, 2017
PT Telekomunikasi Indonesia (Persero) will distribute a cash dividend of 55% of net income in 2012. The dividend equivalent to Rp 7.1 trillion, or a minimum of USD 369.1 per share.
In late 2012, the state-owned company posted a net profit of Rp 12.9 trillion or 17.2% when compared with net income in 2011 reached Rp 11 trillion.
Managing Director of Telkom, said Arief Yahya, profit growth was driven by the performance of the company’s subsidiary, Telkomsel, which performs continuous plume.
“Entities subsidiary, Telkomsel is still a major contributor to the company’s business,” Arief said the AGM in 2013, at the Ritz Carlton Pacific Place, Sudirman CBD, Jakarta, Friday (04/19/2013).
“In addition, a special cash dividend of 10% of net income of Rp 1.3 trillion, or at least Rp 67.1 per share,” he said.
The company also set aside retained earnings amounting to Rp 4.5 trillion, which would be used to finance the company’s business development.
In this meeting also approved the addition of members of the Board of Commissioners, by lifting the Commissioner Gatot Trihargo TLKM coded it.
No comments, shop8admin, March 16, 2017