Down, Astra gets profit of Rp 8.8 Trillion

JAKARTA, KOMPAS.com – PT Astra International Tbk and its subsidiaries had net profit of Rp 8.8 trillion during the first half of 2013. Net income was down 9 percent from the acquisition of the first half of 2012 which reached Rp 9.7 trillion. Earnings per share fell 9 percent to Rp 218 per saham.PT Astra International and its subsidiary, Tuesday (07/30/2013), announced a slight decrease in performance during the first half of 2013 compared to first half of 2012.
Through the release mentioned that the Astra’s net income during the first six months of 2013 amounted to Rp 94.3 trillion. Net revenue was down 2 percent compared to the same period of 2012 which reached Rp 95.9 trillion.
According to the President Director of PT Astra International Prijono Sugiarto, there are several factors that predicted to affect business performance in the second half of 2013.
Factor in question is increased competition in the automobile market, rising labor costs, and declining commodity prices. As for his own prospects for domestic demand continued to grow.
There are six core business lines are the focus of Astra Group, the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Two division increased net income, namely financial services division rose 19 percent to Rp 2.1 trillion and information technology division rose 2 percent to Rp 55 billion.
Net income and mining equipment division fell 24 percent to Rp 1.4 trillion. Agribusiness division net income fell 25 percent to Rp 571 billion.
Meanwhile, the automotive division’s net profit fell 10 percent to Rp 4.4 trillion. Demand for motor vehicles during the first 6 months of 2013 remained high.
Based on data from the Association of Indonesian Automotive, car sales in Indonesia in the period January to June 2013 reached 601 952 units. The sales figures increased compared to the same period in 2012 to reach 535 261 units.
Increased income and affordability levels still remain high interest rates support demand for motor vehicles. Automotive segment net profit decline due to increased competition due to an increase in domestic production capacity and high labor cost.
Of total national car sales of around 602,000 units, Astra’s car sales rose 6 percent to 321 000 units. Market share declined from 56 percent to 53 percent.
Astra Toyota Agya and Astra Daihatsu Ayla?-Products of energy-efficient cars and affordable (low cost green car / LCGC)-Astra

Earnings Fall 22% Pawnshops Because Kraft

Mortgage PT (Persero) recorded a decrease in net income to Rp 718 billion in the first half of 2013. The number is down about 22% when compared with net income in the same period of the previous year of Rp 929 billion. Profit decline was due to a continued decline in the price of gold on the market.

“The decline in gold prices greatly affect the performance of the company’s significant because when the price of gold fell Mortgage loan disbursement will face obstacles because its value will go down as the price of gold down,” said Director of Mortgage Finance Agus Dwi Pramoedya when met at the Central Office Pawn Kramat, Jakarta, Thursday (01/08/2013).

However, he said, although besih profit declined but remains the company’s turnover rose. In the first half of this year, the company’s revenue still grew by 6.5% to Rp 4.1 trillion over the same period the previous year which only Rp 3.8 trillion.

Total assets also go up to Rp 33 trillion in the first half of 2013, an increase of 13% when compared to its total assets in the same period the previous year which reached Rp 29.1 trillion.

From the business side, Pawn is able to achieve a turnover in the pawning business of gold amounting to Rp 46 trillion in the first half of 2013, an increase of 6% from the same period last year of Rp 43 trillion.

“It is conventional. If sharia as of June 2013 was Rp 6 trillion, Rp 5.5 trillion last year finished up 8.6%,” he said.

In addition, the company’s customers also increased 15% to 14.4 million in the first half of 2013, when compared to the same period of the previous year which only 13.7 million.

“Seeing this increase, we believe the mortgage business will continue to grow,” he said.

Industry: Gipang, The Crunchy Sweet of Banten!

Snacks that one is said to be one of the Banten savouries are sold as souvenirs. It feels crisp, sweet, slightly sticky because it is made of sticky rice mixed with sugar water. Want to taste it?

Banten and Jakarta distance is not so far away. But not many know that this small town also keep some snacks that shake up the tongue. One of the snacks are pretty popular Bantam either be enjoyed as a snack or a souvenir is gipang cake.

Arguably the ingredients for the cake gipang very simple. The main ingredient is glutinous rice to make white or red sticky rice. Once steamed, then cooled and washed glutinous water and then dried in the sun to dry too sticky. Well, then fried and then mixed with sugar water so typical slightly sticky texture when eaten.

Gipang that is so thin and cut into pieces. If the first gipang not have a flavor variation, gipang now made ​​in a variety of flavors such as pandan flavor and brown sugar. Some are smeared with peanut butter on it to impart a delicious savory-savory.

Gipang now arguably the confectionary that is quite rare, not many sellers these snacks outside the city of Serang. Even in Punjab alone gipang only made ​​in cottage industries in the villages. Though this snack has a huge potential, because it feels good addition gipang price is very affordable.

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.

Pursue Self-Sufficiency Sugar, Please Build 10 Factory

State-Owned Enterprises Minister Dahlan Iskan, Tuesday, July 23, 2013, reveals that there is still a long way to achieve self-sufficiency in Indonesia.

He acknowledged, self-sufficiency can not be achieved although the largest sugar factory in Indonesia which built PT Industri Gula Glenmore already operating.

“To be able to achieve self-sufficiency in sugar, it took a minimum of 10 plants like this again (factory Glenmore),” Dahlan said, when met after the event determining the sugar plant construction contractor in the Ministry of Enterprise, Jakarta.

Dahlan said that the company already has plans to build a similar plant. However, at this time has not been able to find where the exact location.

Former president of the National Electricity Company also said, not knowing whether the factories that will be done by the private sector in collaboration with state or inter-state again.

For location, Dahlan admitted still looking for the right place. However, there are some nominations in Sulawesi and Lampung.

Meanwhile, Dahlan called for the construction of PT Industri Gula Glenmore plant could be completed in 22 months. Therefore, all the things that could hinder the development are fulfilled.

For example, for the land, according to him, it is 100 percent complete, because no land acquisition is required. Financing side also there is no problem anymore. “So, the important thing is serious work to be completed in order to plant,” he said.