Monthly Archives: October 2010
Gajah Tunggal earning rises 10.67% (1)
October 30th, 2010
Sales coming from the local tire market remained the biggest main driver for Gajah Tunggal’s total sales, counting 62.79%. Java market contributed Rp2.82 trillion, a 26.15% growth, while outside Java market made Rp1.63 trillion in sales. The tire export ...
Gajah Tunggal earning rises 10.67%
October 30th, 2010
Indonesia’s top rank tire maker PT Gajah Tunggal Tbk today reports a 21.63% increase in sales for the first 9 months of this year to Rp7.10 trillion from Rp5.84 trillion a year earlier. To read the remaining stories, please ...
Adaro Energy 9M net profit plunges 52%
October 29th, 2010
Publicly listed one of Indonesia’s largest coal miner PT Adaro Energy Tbk (ADRO) today announces a 43% decrease in net income to US$186 million or a 52% decrease to Rp1.69 trillion for the first 9 months period ended September ...
Krakatau Steel final price
October 28th, 2010
Despite a strong demand, which is close to 6 folds oversubscribed, there was high tension during a meeting on Friday last week. There was an intention to convey the final price at Rp850 per share, which is Rp50 higher ...
Borneo Lumbung Energi, owner & debt
October 10th, 2010
Borneo Lumbung Energi is planning to offload 3.32 billion shares or 20% into the stock market, snapping up US$400 million. Referring to the target, the company’s valuation is US$2 billion, a similar target valuation of PT Bumi Resources Minerals ...
