Month: May 2017

BSD Bag Sales of Rp 4, 19 Trillion

Published / by jiukuaiy

PT Bumi Serpong Damai Tbk (BSDE) recorded pre-sales of Rp 4, 19 trillion in the first semester of 2013. The achievement equivalent to a growth of 79 percent compared with the same period in 2012 amounted to Rp2, 35 trillion.

“In the first semester of 2013 BSDE has gained 60 percent or Rp 4, 19 trillion marketing sales target of 2013, the Company determined that 7 trillion,” said Director and Corporate Secretary of PT Bumi Serpong Damai Tbk, Hermawan Wijaya quoted from a written statement the company on Tuesday (16/07/2013).

Accelerated growth, he added, is sustained partnership strategy and solid demand for the products of particular residential property that we offer both in BSD City as well as in other projects that we manage.

Under the project, BSD City as a flagship project of the members of the group Sinar Mas Land posted the biggest contribution to marketing sales which amounted to 82 percent. While Tourism contributes the second largest city with a seven per cent next Grand Tourism Bekasi contribute five percent and others.

Based on segment income, the biggest contributor of marketing sales the first half of 2013, recorded by the proportion of land sales by 64 per cent to the total sales and marketing accounted for by the second largest contributor with 26 per cent of residential sales. This was driven by the sale of the land to the three strategic partners of the Company through a subsidiary that was formed by the joint venture scheme. The three partners are, among others, Hongkong Land, AEON Mall Japan and Dyandra.

“In 2012, contribution of land sales in the range of 32 percent residential and 58 percent was recorded. Segment of land this year be the growth driver for the Company, it is our strategy to double its growth through value creation on land-bank that we manage,” he explained.

Home Shop segment (Shophouse) during the first half of 2013 contributed nine percent or Rp391, 72 billion compared to gains in the same period in 2012 which is Rp169, 12 billion. This segment grew 43 percent year on year (yoy) and became the third largest contributor to the Company’s marketing sales.

Net Income Exceeds MNC Rp1 Trillion

Published / by jiukuaiy

PT Media Nusantara Citra Tbk (MNCN) posted a rise in net income for the period by 21.1 per cent to Rp1, 01 trillion, compared to the previous period in 2012 amounted to Rp834 billion. The increase in profit was also followed by an increase in revenue to Rp 3, 13 trillion compared to previous periods amounting to Rp3, 04 trillion.

As for the company’s direct expenses decreased to Rp1, 31 trillion, compared with the previous Rp1, 45 trillion. While the company’s gross profit increased to Rp1, 81 trillion compared to the previous period in 2012 amounted to Rp1, 59 trillion. Comprehensive income also rose to Rp969 billion compared to the previous amount of Rp849 billion.

Cash and cash equivalents per the company’s June 30, 2013 amounted to Rp381 billion from Rp809 billion for the previous. The company’s total current assets as at 30 June Rp 7, 88 trillion compared to December 31, 2012 amounting to Rp 6, 76 trillion. The amount of non-current assets by June 30, 2013 amounted to Rp2, 37 trillion from Rp2, 19 trillion.

The company’s total current liabilities per June 30, 2013 amounted to Rp2, 36 trillion compared to December 31, 2012 amounted to Rp1, 25 trillion. Long-term liabilities the company June 30, 2013 amounted to Rp291 billion compared to December 31, 2012 amounted to Rp413 billion.

While the total equity of the company June 30, 2013 amounted to Rp 7, 60 trillion, compared with the previous December 31, 2012 amounting to Rp 7, 29 trillion.

OPEC Oil Production Down in June

Published / by jiukuaiy

OPEC oil exporting production declined in June, and its share in global oil supply is expected to fall in the next two years due to rising non-OPEC oil supply in the next few years.
“Total OPEC crude oil production an average of 30.38 million barrels per day in June, a decline of 0.31 million barrels per day compared to the previous month,” Organization of Petroleum Exporting Countries is headquartered in Vienna said in its monthly report on Wednesday.
Statistics show that the decline was driven by a reduction in Libyan production, which production fell 206,000 barrels per day in June, contributing nearly 70 percent of the decline in total production, while Saudi Arabia continues to increase its production in the last two months.
Non-OPEC supply growth is expected to be the most dynamic of crude oil production in 2013 and 2014, is projected to average 53.92 million barrels per day in 2013 and 55.06 million barrels per day in 2014, according to the report.
Strong growth trend from supply-led by U.S. crude oil production, growth should be the highest among the non-OPEC countries in 2013 and 2014, and production is expected to average 11.33 million barrels per day in 2014 in a report .
Due to growth in the supply of non-OPEC crude oil and weak world oil demand, OPEC will likely see lower market share in the world oil market in 2013 and 2014, which is estimated to be 33.8 percent in 2013.