Profit Bank Danamon Thin down 1% to Rp 1.99 Trillion

by woodmanadmin

PT Bank Danamon Indonesia Tbk recorded a net loss of 1% of Rp 2 trillion in June 2012 to Rp 1.99 trillion in June 2013. The decline in earnings due to slowing auto loan company through its subsidiary Adira Finance.

Danamon recorded credit growth of 12%, to Rp 124 trillion in the first half of 2013 compared to Rp 110 trillion in the same period in the previous year. Non-automotive loans, including micro, small and medium enterprises as well as loans to commercial and corporate segments grew by 18%.

Meanwhile, auto loans through Adira Finance, which is 37% of the Bank’s total loans grew by 3% by the end of June 2013 compared to the same period last year.

This is in line with the automotive industry is still in the adjustment phase after the issuance of the rules down payment. While net interest income or net interest income grew by 6% to Rp 6.7 trillion in the first half of this year and non-interest income or fee income grew by 9% to Rp 2.4 trillion.

“Inflation is the main theme in the second quarter of 2013, primarily due to higher fuel oil by mid-June of 2013. Nevertheless, in the first half of this year, a conducive business environment to remain relatively intact. Therefore, we can record a positive performance in the first six months of this year, “said Danamon President Director Henry Ho in a press release on Friday (19/07/2013).

Danamon micro loans through Danamon Savings and Loans (DSP) recorded a growth of 10% to Rp19, 8 trillion in the first half of 2013 compared to the same period last year.

Meanwhile, loans to small and medium business segment (SMEs), rose by 25% to Rp 17.2 trillion. Credit to the commercial segment, grew by 25% in first-half 2013 compared to last year to Rp 11.2 trillion.

Credit for the corporate segment grew by 21% to Rp 13.1 trillion and trade finance business grew by 27% to Rp 8.4 trillion. Danamon Syariah loans grew 38% over last year to Rp 1.4 trillion.

In the first half of 2013, the auto loans through Adira Finance grew by 3% over the first half of 2012 to Rp 46 trillion.

“The automotive sector, especially the two-wheeler industry is still in the stage of adjustment for the impact of the rule down payment,” said Chief Executive Officer and Director of Danamon Vera Eve Lim.

Danamon’s loan growth in the first six months of 2013 coupled with asset quality is maintained. NPL (Non Performing Loans / NPLs) are at 2.4% at the end of the first half of 2013.


Profit Down 22.71 Percent Mortgage

by woodmanadmin

Mortgage PT (Persero) first half net profit in 2013 amounted to Rp718 billion, a decrease of 22.71 percent over the same period in 2012 amounted to Rp929 billion.
“The decline in net profit slump triggered by the price of gold in the International market,” said the Director of Mortgage Finance, Agus Dwi Pramoedya, on the sidelines of the show “Pawn Gebyar Bazar”, in Jakarta on Thursday.
According to him if at the beginning of January 2013 the price of gold reaches approximately 1,483 U.S. dollars per troy ounce, but in June 2013 was in the range of 1,300 U.S. dollars per troy ounce.
According to Dwi, due to the decline in gold prices is continuous then the company had earmarked Rp 400 billion by the end of 2013 in anticipation of the continued decline in prices.
“Spare us prepare to face the potential loss. If the gold price does not go up until the end of 2013, it was forced to take action” for sale “to the collateral. Yagn So the loss was covered by reserves,” he said.
He explained that the decline in gold prices greatly affect the performance of the Mortgage, as appropriate business enterprise is dominated by gold pawn portion that currently account for about 97 percent.
“Mortgage loan disbursement will face obstacles if the thirst of gold continued to decline until the end of the year,” he said.
Despite a decline in net profit expressed Dwi, but in terms of revenue Pawnshop still posted gains.
“During the first semester of 2013, revenue reached Rp 4 Pawn, 1 trillion, up 6.5 percent over the same period of 2012 amounted to Rp3, 8 trillion,” he said.
Likewise, assets, until June 2013 grew about 13 percent to around Rp33 trillion, from the previous Rp29 trillion.
He said, gold pawn business until June 2013 the company was able to print revenue of Rp46 trillion, soaring from about Rp43 trillion previously.
The same time, revenue-based sharia pawning gold reached 6 trillion, up 8.6 percent from the previous Rp 5, 5 trillion.
Truly said Dwi, Pawnshop business as a whole still increase, but only because the price of gold dipped impacting net income.
The number of customers increased Pedagaian still about 15 percent to 14.4 million in the first half of 2013 from the previous 13.7 million customers.
“This marks the mortgage business will continue to grow in the future,” he said.


DSNG Records Rp 260 Billion Operating Profit

by woodmanadmin

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%.


Electronics Industry Ready to Face the AEC 2015

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Deputy Trade Minister Bayu Krisnamurthi said that the cable industry and electrical appliances Indonesia has been prepared for the ASEAN Economic Community (AEC), which will start rolling by the end of 2015.
“This company is one of the best in ASEAN, and their products have met the standards, so as to believe elektrikalkami Indonesian production is able to compete on the MEA,” Bayu said during a visit to PT Supreme Cable Manufacturing Commerce on Monday.
Bayu said that, to date, produced kebel and tools elekrik in Indonesia is not intended for export out, because domestic demand is very high.
“Nationally, we see a deficit position our balance sheet for electrical, but it is not because we are not competitive, but more because domestic demand is very big,” said Bayu.
According to Bayu, export data from Indonesia in 2012 and, for electrical products exported only $ 7 billion U.S. dollars, exports to ASEAN and to only 2.6 billion U.S. dollars.
Bayu explained, for the import of electrical products in 2012 reached 15 billion U.S. dollars, but the high is not only for imports but including also the cable inside the generator and some tools that are not produced in Indonesia.
“When viewed in the industry, the number of cable industry there are approximately 25 companies, and about five or six companies are quite large, and overall I’m sure they are ready,” said Bayu.
The visit aimed to review the readiness of Indonesia to enter the AEC industry which will start up in late 2015, in particular for power tools sector.
Electrical and electronic equipment sector is one sector that is discussed in ASEAN Consultative Committee on Standards and Quality (ACCSQ).
Indonesia itself has ratified trade agreements electrical and electronic equipment in ASEAN through Presidential Regulation No. 79/2010 on the ratification of Agreement on the ASEAN Harmonized Electrical and Electronic Equipment Regulatory Regime


Impact of Selling Assets in 2011, Merck Profit Drops 53%

by woodmanadmin

Pharmaceutical and chemical company, PT Merck Tbk recorded a decrease in net income in 2012. The German issuers, incised profit of Rp 108 billion, down 53.24% from the previous period which amounted to Rp 231.16 billion.

Director of Finance Bambang Nurcahyo explain, the decline in 2012 net profit, due in 2011, the company is selling assets. This has an impact on revenues soaring Merck in 2011, while in 2012, there is no asset sales.

“The decline in performace 2012, causes the 2011 to sell property assets and Kemang BSD net profit of Rp 70 billion. Assets sold in 2011,” said Bambang at Public Expose Merck headquarters in Pasar Rebo, East Jakarta, Wednesday (20/03/2013).

In 2012, Merck’s sales reached Rp 930 billion, up 1.18% from the 2012 period amounted to Rp 919 billion. This sale, supported by three business units namely Chemicals Rp 359 billion, Merck Serono worth Rp 405 billion and Rp Consumer Healthcare 166 billion.

Merck also will perform a dividend of Rp 75 billion to shareholders. However, Bambang reluctant to mention the target profit, revenue and business plans and capital expenditures in 2013.


Minister of Industry: Industrial Investment Prospects Promising

by woodmanadmin

JAKARTA,- Menteri Perindustrian RI MS Hidayat menilai prospek investasi di sektor industri akan sangat menjanjikan. Hal ini dilihat baik dari Penanaman Modal Dalam Negeri (PMDN) maupun Penanaman Modal Asing (PMA).

“Prospek investasi, khususnya di sektor industri baik PMDN maupun PMA ke depan sangat menjanjikan,” kata Hidayat dalam siaran pers di Jakarta, Rabu (31/7/2013).

Hidayat mengatakan, sebagai indikator dapat dilihat nilai investasi PMDN sektor industri non migas sampai dengan paruh pertama tahun 2013 sebesar Rp 26,92 triliun. Angka ini meningkat 30,61 persen dibanding periode yang sama tahun lalu.

Di tahun 2010, investasi PMDN yang masuk ke sektor industri sebesar 42,25 persen. Ia juga menyatakan investasi sektor industri berkontribusi 44,40 persen dari total investasi PMDN di semester I tahun 2013.

Di semester I tahun ini, investor dalam negeri banyak berinvestasi pada cabang-cabang industri seperti industri makanan (33,20 persen), industri kertas dan percetakan (18,11 persen), industri logam, mesin, dan elektronik (16,99 persen), dan industri mineral non logam (12,76 persen).

Sementara itu, terjadi peningkatan sebesar 46,7 persen pada nilai investasi PMA di sektor industri non migas sepanjang semester I tahun 2013 dibanding periode yang sama tahun lalu. Tahun 2010 investasi PMA yang masuk ke sektor industri sebesar 20,58 persen.

“Nilai investasi PMA sektor non migas sepanjang semester I tahun 2013 mencapai 8,01 miliar dollar AS,” kata Hidayat.

Adapun cabang-cabang industri yang diminati investor asing pada paruh pertama tahun 2013 ini antara lain industri kendaraan bermotor dan alat transportasi lain (23,37 persen), industri kimia dan farmasi (22,13 persen), industri logam, mesin, dan elektronik (21,54 persen), serta industri makanan (11,83 persen).


Eid, Tiki Agent Turnover soared up to 20%

by woodmanadmin

Coming to Lebaran, increased shipping activity. One agent Tiki, Gilang, said if the outlets has increased to 20 percent when the business through delivery of services during the month of fasting than normal month.

In usual, Tiki’s agent is able to achieve a turnover of Rp 25 million per month. This turnover will also increase to 20 percent during the fasting month this year.

“The increase 20 percent during the fasting month this year, compared to normal operation before the fasting month,” said Gilang the Okezone in Jakarta.

Howling explained, during the fasting month, rising delivery to shipping documents and that in fact cakes as souvenirs. Meanwhile, shipments to overseas destination.

However, Gilang said, by the time the week before Hari Raya Idul Fitri, delivery of goods will be more towards the area of Sumatra Island.

“Shipping now (month of fasting) most similar documents souvenirs, the most distant delivery Papua, if abroad Singapore, but if most of the week before Eid to Sumatra, Medan,” he said.


Analysis of stock market investors fear

by woodmanadmin

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.


Efma and Accenture Launch Distribution and Marketing Innovation Awards for Retail Banks Globally

by woodmanadmin

Efma, an association whose membership includes nearly one-third of the world’s large retail banks, and Accenture have jointly launched a global program to identify and award banks for leading-edge customer innovations.

The newly-launched “Efma-Accenture Distribution & Marketing Innovation Programme” – an annual award – seeks technology and operational innovations in customer-facing areas of retail banks – such as branch, online, and mobile banking – and in technology-areas such as customer-analytics and Big Data.

The program solicits case studies of groundbreaking customer innovations by retail banks globally within six categories: Digital and Mobi


PLN: Net Profit Up 15 833 Percent

by woodmanadmin

Company Limited reported a net profit of PLN in the first half of 2013 amounted to 15 833 percent compared to the same period of 2012.
Head of Commercial Division PLN Benny Marbun in Jakarta on Thursday, said the first half of 2013, net income reached Rp 4, 78 trillion, a significant increase of Rp 4, 75 trillion over the same period of 2012 which only 30 billion.
“The increase in net income was mainly due to tremendous rise in foreign exchange earnings which are noncash Rp 7, 6 trillion,” he said.
In the first half of 2012, the electricity SOEs suffered losses at Rp 6, 7 trillion, while the first half 2013 profit rate RP0, 9 trillion in order to obtain foreign exchange gain of Rp 7, 6 trillion.
Though, Benny continued, on the other hand an increase in interest expense and finance Rp2, 3 billion and increase the tax burden Rp1, 6 trillion.
According to him, the increase in foreign exchange gain of Rp 7, 6 trillion, mainly due to the appreciation of the rupiah against the yen by 10.4 percent even though at the same time the rupiah depreciated 2.7 percent against the U.S. dollar.
In the first half of 2012, the rupiah depreciated against both the yen and the U.S. dollar, respectively 2.4 percent and 4.5 percent.
“PLN pretty much liability in that decline yen yen positive impact on net income,” he said.
Benny also said that the first half of 2013 operating revenues rose 4.8 percent to Rp116, 7 billion when compared to the first half of 2012 amounted to Rp111, 4 trillion.
The increase in revenue, primarily from an increase in sales volume due to the addition of electric power customers and increase rates on a quarterly basis starting in January 2013 account.
Meanwhile, the operating expenses recorded Rp98, 3 trillion, up 3.6 percent compared to 2012 Rp94, 9 trillion.
“The increase in operating expenses among others, due to increased consumption of fuel and lubricants due to increased electricity sales and rising fuel prices,” he said.
Thus, he continued, first half 2013 operating income rose R1, 9 billion or 11.5 percent of Rp16, 5 trillion to Rp18, 4 trillion.
To EBITDA increased 10.1 percent to Rp30, 4 trillion from Rp27, 6 trillion.
The amount of non-current assets increased 2.6 percent to Rp484, 6 trillion on June 30, 2013 from Rp472, 1 trillion on December 31, 2012.
Current assets rose 0.9 percent to Rp69, 2 trillion on June 30, 2013 from Rp68, 6 trillion at December 31, 2012.
“The total number of the company’s assets at the end of Semester 1 in 2013 amounted to Rp553, 8 billion or increased by Rp13, 1 trillion from Rp540, 7 billion at December 31, 2012,” said Benny.