Social Security PT (Persero) posted a profit after tax in the first semester of 2013 amounted to Rp 1.69 trillion or 95 percent jump compared to the first half of 2012 amounted to Rp 870 billion. Director of Social Security Masasya G Masassya said that the increase in fee revenue over the first half of 2013 rose 64 percent to Rp 2.87 trillion in the same period last year to Rp 1.75 trillion.
»In the first half of 2013 we recorded a net income contribution of Rp 914.5 billion, surged 205 percent,” he said in a written statement, August 5, 2013.
Total revenue per June 2013 rose 202 percent to Rp 916 billion. Social Security investment income recorded a non-collateral (JHT) in the first semester of 2013 amounted to Rp 1.36 trillion, up 59 percent and revenue management of the investment fund old age insurance up 20 percent.
Social Security an operating profit in the first semester of 2013 rose 84 percent to Rp 3.14 trillion and profit before tax also rose 84 percent to Rp 1.97 trillion.
Director of Finance Social Security Trisanto Herdy adds up to June 2013 the company has been realizing managed fund of Rp 143.6 trillion. That figure represents 96.31 percent of the 2013 target of Rp 149.1 trillion. Additionally in June 2013, the company posted revenue of Rp 9.02 trillion investment or representing 61.72 percent of the 2013 target of Rp 14.6 trillion.
»The results of the development of old-age benefits by June 2013 amounting to Rp 6.32 trillion or 60.06 percent realize the 2013 target of Rp 10.5 trillion,” he said in a written statement.
In terms of net income, Social Security also booked Rp 1.69 trillion as of June 2013, representing 77.43 percent of the 2013 target of Rp 2.19 trillion. Acceptance of Social Security contributions by June 2013 amounted to Rp 12.3 trillion, representing 49.62 per cent of the 2013 target of Rp 24.84 trillion. And payment guarantees by June 2013 amounted to Rp 6.21 trillion or 59.75 percent of the realization of the 2013 target of Rp 10.4 trillion.

CATEGORIES : Factory, Market and Commercial/ AUTHOR : thearticlewarehouse/ 0 Comment


Head of Special Unit Manager Upstream Oil and Gas (SKK Migas), Rudi Rubiandini, said theft of oil in the piping groove-Plaju Tempino Jambi, South Sumatra, disrupt national oil production.

Decline in production, said Rudi, estimated at 12 thousand barrels per day. “This happens because the pumping is stopped,” he said, Thursday, July 25, 2013.

Although theft is harming the country, Rudi said he could not take any action. “We follow the first steps of Pertamina,” he said.

The theft occurred since July 17, 2013, or when the pipe connecting the oil field to the refinery fuel Tempino Plaju owned subsidiary of PT Pertamina operated. Police and employees of Pertamina EP and Pertagas find holes in 17 locations with a total loss of 17,563 barrels, or the equivalent of 18.29 percent of the amount of oil that flowed.

Looting occurred in July 24 when a leak was found four sites, of which at Bayung slick, Musi Banyuasin. Pertagas and PT Pertamina EP was forced to stop pumping oil.

Jambi Police spokesman, Assistant Commissioner of Almansyah, claimed not to know of the theft. This case, he said, will be followed by the Director of Vital Security Police Jambi.

President Director of Pertamina EP, Syamsu Alam, said the losses due to the theft of oil in a year to reach Rp 444 billion. January 2012 to March 2013, the volume of lost oil reaches 463 thousand barrels. “This does not include losses due to fire and damage the pipe,” he said.

Within a day, Pertamina EP oil pump as much as 11-13 thousand barrels. The crude oil produced Tempino field that has a production capacity of 9,500 barrels per day. Due to theft during the first semester of 2013, Pertamina suffered a cumulative loss of 290 thousand barrels, or around Rp 290 billion.

CATEGORIES : Production/ AUTHOR : thearticlewarehouse/ 0 Comment


PT Semen Indonesia Tbk (SMGR) posted a net profit of Rp 2.58 trillion, up 22.9 percent from the same period in 2012.
Dwi Soetjipto, Semen Indonesia President Director, said the company’s net profit growth driven by revenue growth by 31.9 percent to Rp 11.4 trillion a year earlier in 2012 amounted to Rp 8.6 trillion.
According to Dwi, total revenue was supported by the cement sales volume stood at 12.23 million tons, an increase of 18.3 percent over the same period last year amounted to 10.32 million tonnes, which consists of domestic sales volume amounted to 12.14 million tons (up 18.0 percent) and export sales of 0.09 million tonnes (up 170 percent).
Growth that exceeded the national cement sales volumes (industry) which grew 7.5 percent in the first half of 2013 to 27.83 million tons from 25.89 million tons.
“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V, so that we are able domestic market share increased to 43.6 percent from 40.9 percent last year.” Said dwi.
Most of the company’s revenue comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53 percent of total revenue in the first half of this year, an increase of 26.42 percent compared to the 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. 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 revenue of Rp 5.19 trillion or 47.57 percent 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 percent compared to overseas sales in the first half of last year which was only Rp 30.34 billion.

CATEGORIES : Factory, Market and Commercial/ AUTHOR : thearticlewarehouse/ 0 Comment


PT Bank Bukopin target net profit growth of 20% by the end of 2013. Last year, Bukopin profit of Rp 834.7 billion.

With growth of 20%, then the expected profit to Rp 1 trillion. To sustain these targets, Bukopin will perform additional service network and launch new products for the SME business segment, commercial and consumer.

The strategy is targeted to encourage the growth of interest and non-interest income in the range of 20%. The Company is also targeting growth in Third Party Funds (TPF) by 20% and credit growth of 15%.

“Bukopin will add network services in some cities, such as branch office, branch office or cash office,” said President Director of Bank Bukopin Glen Glenardi in a press release on Monday (04/08/2013).

Bukopin currently has 420 service points or outlets consisting of 36 branch offices, 107 branch offices, 136 cash offices, 87 micro offices, 42 payment points and 8 retrieval service (pick-up service). The outlets spread across 22 of the total 33 provinces in Indonesia.

Bukopin service network is also supported by online bank payment point (PPOB / point on-line banking services) 15,000 spread across urban and rural areas. This service is supported by information technology networks and real time on-line.

“For SMEs and micro segments, Bukopin will gradually increase one step process for channeling loans, which is still dominated by the two-step distribution pattern channeling,” added Glen.

Bukopin will also increase capacity and other non-interest income as Swamitra Program, Remittance, Trade Finance, Loan Syndication and Bank Guarantee. Promo savings program with prizes such as cars, motorcycles and gadgets as well as deposit program with a variety of advantages such as cost-free and can be withdrawn penalty whenever the main attraction of the products issued by private banks which had stood since 1970.

“With the addition of service point and the consumer base, Bukopin will continue to improve the performance in 2013. Earnings growth target of 20%, a credit of 15% and amounted to 19.92% asset growth will be achieved in 2013, “said Glen.

CATEGORIES : Market and Commercial/ AUTHOR : thearticlewarehouse/ 0 Comment


Semarang, – farm gate price of sugar in Central Java back drop. Currently the price to Rp 9,470 per kilogram from Rp 10,050 per kilogram. Chairman of the Council Indonesian Sugarcane Plantation Association (APTRI) Java Sukadi Wibisono said sugar prices have tumbled since two months ago.
Drop in sugar prices due to transport cut sugar factory management. The process of cutting transport queue until the production process reaches four to five days. Whereas the standard should not be more than one day. The new cane harvested, transported for processing directly in the sugar factory.
“As a result, sugar yield decreased to 6% only. Whereas previously could be more than 7%,” he said on the sidelines of the auction sugar by traders, yesterday.
According to him, the sugar factory shall fix the cut freight management. So that the loss rate is very high yield does not occur. Queues at the sugar factory railway yard too long, can be up to two days. So the amount of sugar cane that has been harvested from the garden lot that is not transported. Amount of cane that is not transported and left alone in the garden, making the yield down.
“If calculated, with a 6% yield of the sugar mills are profit. However aggrieved farmers. If you like this, long-time farmers are not interested in planting sugar cane,” he said.
Yield is the level of sugar content in the sugarcane expressed in percent. Yield 10%, meaning that the 100 kilograms of sugar cane to sugar mills digilingkan be obtained as much as 10 pounds of sugar.
“Wet dry conditions had no effect on the quality of the yield. Due to the rain does not happen every day,” he said.
He said that the falling price of sugar in auction rate farmers are very concerned, because it would threaten the sustainability of the cultivation of sugarcane plantations in Central Java. Not to mention cutting labor costs and increasingly burdensome transportation rose growers.
“It is feared that self-sufficiency can not be achieved,” added Sukadi.
This year APTRI predict the amount of sugar cane production in the province will increase to 42 million quintals. Last year, the amount of sugar cane production by 35, 714 million quintals, and 2011, only about 30 million quintals.
Currently sugar mills are having entered the milling season until October 2013. Of eleven sugar factories in operation, production is highest in PG

CATEGORIES : Market and Commercial/ AUTHOR : thearticlewarehouse/ 0 Comment

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