Lucky Cement Indonesia Rp 2.58 T in 6 Months, Up 23%

State-owned cement holding Indonesia Tbk, PT Semen successfully obtained a net profit of Rp 2.58 trillion in the first half of 2013. This profit rose 22.9% over the same period last year.

Semen Indonesia President Director Dwi Soetjipto said net profit was supported by the 31.9% increase in revenue to Rp 11.4 trillion. From the same period last year to Rp 8.6 trillion.

The income supported a total cement sales volume stood at 12.23 million tons, an increase of 18.3% over the same period last year amounted to 10.32 million tonnes, which consists of domestic sales volume amounted to 12.14 million tons (an increase of 18 %) and export sales of 0.09 million tonnes (up 170%).

While the national cement sales volumes (industry) grew 7.5% to 27.83 million tonnes compared to the previous period, which stood at 25.89 million tonnes.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6% from last year’s 40 , 9%. We will continue to expand the market from year to year, “Dwi said in a press release on Monday (07/29/2013).

Most of the company’s revenue comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53% of total revenue in the first half of this year, an increase of 26.42% compared to sales in the same period last year of Rp 8 , 63 trillion.

Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. Markets in Java contributed revenue of Rp 5.72 trillion (52.43% of total domestic sales), while consumers outside of Java contribute to revenue of Rp 5.19 trillion or 47.57% of total domestic sales.

In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia.

From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number jumped nearly 170% compared to overseas sales in the same period last year of Rp 30.34 billion.

Rupiah per U.S. dollar position Rp10.275

Jakarta – The rupiah rose slightly on Wednesday morning at five points to Rp10.275 per U.S. dollar compared to the previous position Rp10.280.

“The movement of the exchange rate higher but not significantly, the domestic currency fluctuations it is still in a stable condition,” said the Head of Research Securities Trust Reza Priyambada in Jakarta on Wednesday.

He added that the statement of President Susilo Bambang Yudhoyono that Indonesia’s economic fundamentals are still good, also welcomed the positive some market participants.

Nevertheless, he continued, some economic data is still negative as inflation data, foreign exchange reserves, to Indonesia’s trade balance deficit will overshadow the BEI index movement.

He added that market participants are still taking a wait and see position following a meeting of the Fed’s decision in FMOC (Federal Open Market Committee).

“The U.S. dollar is also moving stable against major world currencies ahead of the FMOC decision,” he said.

Head of Research Futures Monex Investindo Ariston Tjendra said recent rumors about the planned reduction of monetary stimulus from the Fed talked about because the U.S. economic data that was released not too bad.

“Conditions that could make the U.S. dollar tends to move higher again,” he said.

Buy New Machine for Sugar Factory Sidoarjo, PTPN X dug Rp 145 Billion

Plantations PT Nusantara X (Persero) drizzle investment of Rp 145.3 billion to revitalize the sugar mill (PG) in PG Krembong, Sidoarjo. Investment includes the purchase of new machinery to increase capacity of 1,600 tons of cane per day (TCD) to 2,300 TCD.

Director of PTPN X Subiyono said the importance of pushing the PG to increase production capacity. Because there are 1847 sugar mills with small capacity in Indonesia. Where one of them is PG Krembong.

“Revitalization PG Kremboong will be PG-capacity model of the development of small to medium scale PG with large-scale business that is not only sugar but also produce electricity,” said Subiyono in a statement on Sunday (06/09/2013).

Prior PG Kremboong has 18 units of manual machines. Later changed to 2 units of automatic machine with a capacity of 1,500 kilograms per cycle. Sugar packing machine changed from an open to a closed system, so the more sterile and increase sugar production hygiene.

The machine will also serve for storage of energy by using turbines with a capacity of 4MW alternator that can produce surplus electricity. 2014 is expected to be realized by the program co-generation process bagasse into electricity to be sold to PLN.

“Program co-generation at PG Kremboong is part of an effort to optimize the economic potential of sugar cane produces not only sugar.’s Co-generation program complements a similar program that has been and will be held in PG and PG Ngadiredjo New Pesantren, Kediri,” he explained

Next is the installation of the boiler efficiency of high-pressure steam, so as to reduce loss of 2.8 percent to 2.3 percent.

In terms of quality, whiteness levels according to the scale ICUMSA (International Commission for Uniform Methods of Sugar Analysis) will drop from 180 IU to 100 IU. ICUMSA is a class standards of quality (grade) of sugar color is determined by a set of IU or International Units. Sugar ICUMSA intervals ranging 45-4600 IU. The lower the ICUMSA, the bright colors of sugar, and sugar in general is increasingly good quality.

Subiyono stated, PG Kremboong development will be integrated with other PG PG-exist in Sidoarjo, namely PG and PG Watoetoelis Toelangan. PG The third cluster included in Delta.

“In the scheme clusters, PG Kremboong be central to the development of co-generation process bagasse into electricity. Watoetoelis PG and PG Toelangan will be the supplier of sugarcane pulp. Accordingly, there is no resource is wasted in each PG,” said Subiyono

In 2013, PG Krembong targeting production of 29316.9 tons with a yield of sugar (sugar cane) is expected to reach 8.36 percent. In 2012 production reached 20 039 tons of sugar, up 7.94 percent from a year ago about 18558.5 tons.

Sugarcane land area within PG Kremboong reach 3,365 hectares in 2012, and this year is targeted to increase to 4,117 hectares. PG Krembong recorded profit growth of Rp 4, 55 billion in 2011 to Rp10, 01 billion in 2012.

Bank Profit Up 26%, Reaches Rp 4.3 Trillion

PT Bank Mandiri (Persero) Tbk managed to earn net profit of Rp 4.3 trillion in the first quarter of 2013. The net profit, up 26.4% from the same period in 2012.

Bank Mandiri president director Budi Gunadi Sadikin said, this positive performance, backed by the credit of Rp 392 trillion through the first quarter, growing 19.7% from the previous period amounted to 327.2 billion.

“Our achievement today is a welcome development. Bank lending, especially to the micro segment, which continues to show improvement, is a realization of our commitment to improve public access in various parts of Indonesia to finance productive,” said Budi time exposure Quarter Financial Statements 2013 in the Plaza Bank Mandiri Jakarta, Monday (04/29/2013).

Budi explained, loan growth occurred in all business segments, particularly in the sector of micro, small and medium enterprises. At the micro segment increased lending by 58.1% from Rp 13.1 trillion to Rp 20.7 trillion in the first quarter of 2013.

“This is in line with the credit growth, the number of micro credit customers also increased from 208.5 thousand to over 327 thousand customers. Meanwhile, credit to the segment of micro, small and medium enterprises (SMEs) grew 46.6% to Rp 55, 6 trillion, “he added.

Mandiri also noted, raising funds from a third party which reached Rp 467 trillion, up from the previous period are valued at Rp 404 trillion. Of these, low-cost funds such as checking and savings amounted to Rp 290 trillion, up 18.7% from the previous position of Rp 244 trillion. Mandiri also had total assets of Rp 641 trillion, up 17.1% over the same period last year. As for the ratio of non-performing loans (NPL) net Mandiri, remained low at the level of 0.57%.

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.

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.

Slightly turnover, Profit Drops 54% In fact XL

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.

Jump 25%, BCA Bag Rp 2.9 Trillion Profit

PT Bank Central Asia Tbk (BCA) bagged the first quarter 2013 net profit of Rp 2.9 trillion. That figure is up 25.5% from the previous year’s net profit of only Rp 2.3 trillion.

Rising corporate profits driven by operating income consists of net interest income and other operating income also rose 23% to Rp 7.7 trillion in the first quarter of 2013 compared to the same period of the previous year which only Rp 6.2 trillion.

BCA President Director John Setiaatmadja said, the increasing contribution of the loan portfolio to total earning assets and the low level of interest expense (cost of funds) has prompted an increase in net interest margin (NIM) by 66 basis points year on year to 5.9%.

“BCA recorded a satisfactory business performance supported by solid growth in lending activity,” he said in the first quarter performance report, 2013, at the Hotel Kempinski, Jakarta, Monday (04/29/2013).

Jahja mention, total loans amounted to Rp 265 trillion at the end of March 2013, up 26.7% over the same period the previous year which only Rp 209.2 trillion.

SMEs loans grew 30.2% yoy to Rp 105.7 trillion in March 2013. Consumer credit which is supported by the performance of loans (mortgages) and the Motor Vehicle Credit (KKB) rose 34.4% yoy to Rp 71.7 trillion in March 2013.

Mortgages rose 43.1% yoy or Rp 13.2 trillion or Rp 13.2 trillion to Rp 43.7 trillion. KKB grew 21.4% yoy to Rp 21.7 trillion in March 2013, compared to the previous year’s position that only Rp 17.9 billion.

Meanwhile, corporate loans grew 17.2% yoy to Rp 87.6 trillion at the end of March 2013 supported by high demand in the transportation and logistics segment, power generation as well as distributors, retailers and department stores.

Petrochemical plant construction is expected to hit imports

Director General of the Ministry of Industry, Manufacturing Industry, Panggah Susanto said, with the new petrochemical plant planned to be built in West Papua is expected to reduce the number of Indonesian imports of raw materials.

“These projects will be able to reduce the importation of raw materials which, according to the data in 2012 reached 16 billion U.S. dollars for chemical raw materials,” said Panggah after witnessing the signing of the MoU between Ferrostaal Industrial Projects by PT Chandra Asri Petrochemical Tbk, in Jakarta on Thursday.

He said that with the cooperation will be produced basic products, such as propylene and polypropylene, which will not reduce the importation of raw materials.

“Hopefully, in 2019 to be operational, which we seek is how as soon as possible to get gas allocation,” he said.

Panggah explain step construction of the plant is part of the Ministry of Industry to develop two important sectors in Indonesia related to the chemical industry base and base metals.

“Two of the basic industries we encourage its development, it is important because it aligned with the growth of domestic industry, which will increase the need for raw materials and capital goods,” he said.

He said later that the results of the plant is expected to require an investment of $ 1.8 billion will be earmarked for the domestic market.

“Domestic demand is big enough, then it will be destined for the domestic market,” he said.

Indonesian Cement Net Profit Up 22.9 percent

PT Semen Indonesia (Persero) Tbk posted a first half net profit of Rp 2.58 trillion or Rp 436 per share, an increase of 22.9% from the same period in 2012. The revenue stood at Rp 11.4 trillion, an increase of 31.9 percent over the same period last year which stood at Rp 8, 6 trillion.

The increase in revenues was supported by the total sales volume increased by 18.3 percent to 12.23 million tons in the first half of 2013. Domestic turnover amounted to 12.14 million tons (up 18.0 percent) and export sales of 0.09 million tonnes (up 170 percent). While the national cement sales volumes (industry) grew 7.5 percent to 27.83 million tons compared to the previous period, which stood at 25.89 million tonnes.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6 percent from last year’s 40 , 9 percent, “said President Director of Semen Indonesia, Dwi Soetjipto in a written statement received by Tempo, July 29, 2013.

Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. In the first half of 2013, the Java market accounted for revenue of Rp 5.72 trillion (52.43 percent of total domestic sales), while consumers outside of Java contribute to the revenue of Rp 5.19 trillion or 47.57 percent of the total domestic sales .

In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia. From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number jumped 170 percent compared to overseas sales in the first half of last year which was only Rp 30.34 billion.