Largest Cement Producer Interest Expense
Largest Cement Producer Interest Expense. Semen Indonesia (Persero), Tbk (SMGR) still shows a prime performance period of 1H19. SMGR recorded a net profit of IDR484.78Bn. This figure fell 50.09% from the previous year which reached IDR971.34Bn. SMGR net profit slumped amid rising revenues. At 1H19, SMGR recorded a revenue of IDR16.35Trn or up 22.84% from.
Read More...Coking Coal Better Selling Price
Coking Coal Better Selling Price. United Tractors, Tbk (UNTR), successfully recorded the production of coking coal at 1H19. Corporate Secretary UNTR, Sara K Loebis said the company has produced 674,000 tonnes of coking coal. This value increased 98.24% from the realization of the production in the first half of last year 340,000 tonnes. UNTR through.
Read More...Second Semester Construction Projects
Second Semester Construction Projects. Along the 1H19, PP Properti, Tbk (PPRO) claimed a new pocket income of about 40% of the target of IDR2.3Trn which was posted this year. The realization of marketing sales is still in the range of 30% or IDR820Bn of the target valued at IDR4.17Trn for 2019. The first semester was.
Read More...Low Gas Distribution
Low Gas Distribution. The gas distribution volume of the Perusahaan Gas Negara (Persero), Tbk (PGAS) period 1H19 has not been targeted. Based on the Bloomberg source, estimating the distribution volume of PGAS at 2Q19 only reaches 945 MMcfd. The Volume was below the 2019 target of 960-970 MMcfd. While the distribution volume for 1H19 reached.
Read More...Infrastructure Project Fulfill SOE Target
Infrastructure Project Fulfill SOE Target. Adhi Karya (Persero), Tbk (ADHI) recorded the achievement of a new contract 18% from the target of 1H19. The achievement came from several infrastructure and property projects. Ki Syahgolang, ADHI Corporate Secretary said that along the 1H19 it records a new contract of IDR5.4Trn. The achievement came from the revitalization.
Read More...Macro Realization Missed the Target
Macro Realization Missed the Target. Until the end of 1H19, the realization of a number of macro assumptions in the state budget (APBN) did not touch the target. However, Finance Minister Sri Mulyani Indrawati admitted he had not considered the plan of amendment of the state budget (APBN-P). We see from 1H19 and outlook, still.
Read More...Construction Sector Digital Economy
Construction Sector Digital Economy. The construction sector business is currently not separate from the development of the 4.0 industrial revolution that emphasizes digitization in all aspects. Director of System Development & Human Capital Management, Waskita Karya (Persero), Tbk Hadjar Seti Adji explain, through the use of digital technology in various projects undertaken by WSKT, then.
Read More...Interest Rate Cut Twice
Interest Rate Cut Twice. After having survive with an interest rate of 6% since November 2018, the benchmark interest of Bank Indonesia BI 7-Day Reverse Repo Rate (BI 7-DRRR) is expect to fall. A number of economists are projecting, the decision will be taken by central banks in the Board of Governors Meeting (Rapat Dewan.
Read More...Cikunir Toll Road Feasibility Studies
Cikunir Toll Road Feasibility Studies. Nusantara Infrastructure, Tbk (META) has obtained the permission of the Ministry of Public Works and People’s Housing (PUPR) for the feasibility study of Cikunir-Ulujami toll road as the initiative of toll road exploitation. Moreover, the toll road has a length of 26.86 km with investment value reaching IDR21.2Trn. Construction Sector.
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