INVESTOR NEWSLETTER. Contents Investor Update 2... Financial Highlights 6... Share Price History 7... About LTLS.
|
|
- Nicholas Griffith
- 5 years ago
- Views:
Transcription
1 April 5 th, 2016 Distributor and Manufacturer - Basic and Specialty Chemicals INVESTOR NEWSLETTER Contents 1... Investor Update 2... Financial Highlights 6... Share Price History 7... About LTLS
2 INVESTOR UPDATE PT LAUTAN LUAS Tbk completed the new Distribution Centre strategically located in Semper, near the Tanjung Priok port, as part of efforts to strengthen the distribution network. This bulk chemical handling facility addresses the commitment of the Company to provide modern quality control systems. 1
3 FINANCIAL HIGHLIGHTS PT LAUTAN LUAS Tbk is pleased to announce its full year 2015 results as follows: Despite the domestic and regional economic environment, Lautan Luas (LTLS) posted full year 2015 revenue of Rp 6,466 billion, up by 9.8% compared to the previous year result of Rp 5,888 billion. The increase was driven mainly by growth in the Distribution segment, which was reflected to several product segments. Gross margin for the year was down slightly compared to the previous year on the weakness of the Rupiah due to the slow market conditions. Operating income was down by 22.5% versus the prior year period due mainly to lower other income. Last year, the Company recorded a net other income of Rp 104 billion, derived primarily from a gain on the sale of an investment undertaken in line with the Company s plan to focus on its core businesses. Net profit in the reported period was also impacted by increased financing costs due to higher bank borrowings, as well as less favorable performance from our affiliate companies. In 2015, EBITDA reached Rp 408 billion, down by Rp 118 billion from the prior year. The decrease was primarily due to lower other income on the 2014 sale of an investment undertaken in line with the Company s plan to focus on its core businesses, as described earlier. Global economic instability impacted Indonesian equity markets as well. Management approved a program to take advantage of the depressed valuations by authorizing a buyback of Company shares with a value up to 3% of paid-in capital. The program was funded through internal cash flows. 2
4 FINANCIAL HIGHLIGHTS CONSOLIDATED INCOME STATEMENT in Billion IDR FY15 FY14 YoY% 4Q15 3Q15 QoQ% Revenue 6,466 5, ,627 1, Gross Profit 1,084 1, Gross Profit Margin 16.77% 17.31% (0.54) 16.76% 16.63% 0.13 Selling, general and administrative (749) (684) 9.46 (196.85) (185.05) 6.38 expenses Forex Gain (Loss) (22) (19) (6.64) 3.85 (272.55) Other Income (Expenses) (88.60) Operating Income (22.47) Operating Income Margin 5.04% 7.13% (2.10) 4.72% 4.73% (0.02) Profit Before Income Tax (72.22) (3) 1 (349.12) Total Comprehensive Income (27.61) (89) 39 (324.88) Profit for The Year Attributable to Owners of the Parent Entity (97.53) (20) (14) Net Margin 0.06% 2.80% (2.74) (1.25%) (0.95%) (0.28) EBITDA* (22.33) USD : IDR Exchange Rate Average Rate** 13,457 11,802 13,457 13,261 Ending Rate 13,795 12,440 13,795 14,657 * EBITDA does not include foreign exchange gains or losses for the relevant period ** Average Rate is defined as the average closing rate at the end of each day for the relevant period 3
5 FINANCIAL HIGHLIGHTS CONSOLIDATED BALANCE SHEET in Billion IDR Dec-2015 Dec-2014 YoY% Dec-2015 As of 30- Sept-2015 QoQ% Cash & Equivalent (47.29) (71.33) Short Term Investments net (3.70) Trade Receivables 1,333 1, ,333 1, Inventories (2.17) Others (44.75) Current Assets 2,649 2, ,649 3,095 (14.41) Fixed Assets 1,589 1, ,589 1, Others 1,155 1, ,155 1,217 (5.13) Non-Current Assets 2,744 2, ,744 2, Total Assets 5,393 4, ,393 5,793 (6.90) in Billion IDR Dec-2015 Dec-2014 YoY% Dec-2015 As of 30- Sept-2015 QoQ% Bank Borrowings 1, ,338 1,680 (20.35) Trade Payables 1,146 1, ,146 1, Leasing / Bank Others (17.43) Current Liabilities 2,727 2, ,727 3,008 (9.33) Bond/Leasing/Bank (4.20) (1.28) Others Non-Current Liabilities 1,046 1,055 (0.80) 1,046 1, Equity 1,620 1, ,620 1,767 (8.33) Total Liabilities & Equity 5,393 4, ,393 5,793 (6.90) 4
6 Financial Highlights Working Capital Cycle in Billion IDR Trade Receivables (T/R) 1,333 1,127 1, ,049 T/R Days Inventories ,009 Inventory Days Trade Payables (T/P) 1,146 1,027 1, T/P Days Working Capital Trade 1, ,063 (T/R + Inv T/P) days Key Performance Ratios Asset Growth (%) Revenue Growth (%) (7.70) Gross Margin (%) Operating Margin (%) EBITDA */Net Int. Exp. ** (X) Net Debt ***/Equity (X) Net Debt ***/EBITDA* (X) Current Ratio (X) **** * EBITDA does not include foreign exchange gains or losses for the relevant period ** Net Interest Expense is defined as Interest Expense less Interest Income *** Net Debt is defined as Total Interest Bearing Loans less Cash & Cash Equivalents **** The Current Ratio includes the Company s Bond III/2008 obligations which matured in March
7 Share Price History Share(millions) 1,560 Price in 2015, Dec 30 (Rp) 500 Price / Earning (x) Dividend Yield (%) 9.20 ROE (%) wk High (Rp) wk Low (Rp) 825 EPS (in Rp) 3 6 6
8 About LTLS Established in 1951, PT LAUTAN LUAS Tbk is a distributor and manufacturer of basic and specialty chemicals. The Company represents over 100 international principals, distributing over 1,000 chemical products to more than 2,000 industrial customers throughout Indonesia and the Asia Pacific region. In addition to the Jakarta headquarter, the Company operates five branches and nine representative offices located in various major cities throughout the archipelago, including a regional office in Singapore that oversees company operations in China, Thailand, and Vietnam. In manufacturing, the Company currently has stakes in seventeen production facilities in Indonesia, two facilities in China, and one in Vietnam. Its Support & Services business comprise of three subsidiaries that were previously the Company s internal departments, offering supply chain, IT, and laboratory services. For more information, please contact Investor Relations Eurike Hadijaya Investor.relations@lautan-luas.com UPCOMING EVENT May 25 th, 2016 Analyst Meeting FY15 & 1Q16 Rose Garden International Restaurant Graha Indramas, 3 rd Floor Jln. AIP II K.S. Tubun Raya No. 77, Jakarta PT Lautan Luas 7
INVESTOR NEWSLETTER. Contents Financial Highlights 6... Share Price History 7... About LTLS. August 16 th, 2016
August 16 th, 2016 Distributor and Manufacturer - Basic and Specialty Chemicals INVESTOR NEWSLETTER Contents 2... Financial Highlights 6... Share Price History 7... About LTLS FINANCIAL HIGHLIGHTS PT LAUTAN
More informationDistributor and Manufacturer - Specialty and Basic Chemicals INVESTOR NEWSLETTER. Full Year 2017
Distributor and Manufacturer - Specialty and Basic Chemicals INVESTOR NEWSLETTER Full Year 2017 Contents 2... Financial Highlights 6... Share Price History 7... About LTLS PT Lautan Luas Tbk @PTLautanLuasTbk
More informationPT LAUTAN LUAS Tbk (LTLS) is pleased to announce its result for 1H2017 as follows: LTLS gain in net income was IDR85 billion during the 1H2017,
PT LAUTAN LUAS Tbk (LTLS) is pleased to announce its result for 1H2017 as follows: LTLS gain in net income was IDR85 billion during the 1H2017, against the IDR33 billion attained in 1H2016. The favorable
More informationCompany Presentation 1Q 2012 Results. 30 April 2012
Company Presentation 1Q 2012 Results 30 April 2012 Presentation Outline 1 Plantation Highlights 2 Financial Highlights 3 Strategies and Expansion 4 Appendix 1 1 Section 1 Plantation Highlights g 2 Planted
More informationPT. Indocement Tunggal Prakarsa Tbk. SELL. Equity Research. 6 November 2018 Basic Industry Cement. Investment Consideration
Equity Research PT. Indocement Tunggal Prakarsa Tbk. 6 November 2018 Basic Industry Cement Price IDR 17,350 Target Price IDR 16,000 JKSE Index 5,920.594 Stock Information Bloomberg Code INTP IJ Market
More informationIndofood CBP Sukses Makmur(ICBP IJ)
Equity Research Result note Tuesday,20 March 2018 BUY Maintain Last price (IDR) 8,825 Target Price (IDR) 9,700 Upside/Downside +9.9% Previous Target Price (IDR) 9,700 Stock Statistics Sector Bloomberg
More informationCompany Presentation 2Q and 1H 2012 Results. 15 Aug 2012
Company Presentation 2Q and 1H 2012 Results 15 Aug 2012 Presentation Outline 1 Plantation Highlights 2 Financial Highlights 3 Strategies and Expansion 4 Appendix 1 1 Section 1 Plantation Highlights g 2
More informationPT Semen Indonesia (Persero) Tbk 1H16 Earnings Review NEUTRAL. August 15 th, Company Update. Current Price: IDR 10,900
Company Update Henny Indrawati Research Associate henny.indrawati@sinarmassekuritas.co.id PT Semen Indonesia (Persero) Tbk 1H16 Earnings Review NEUTRAL PT Semen Indonesia (Persero) Tbk is a cement manufacturing
More informationCompany Presentation 3Q and 9M 2012 Results. 31 Oct 2012
Company Presentation 3Q and 9M 2012 Results 31 Oct 2012 Presentation Outline 1 Plantation Highlights 2 Financial Highlights 3 Strategies and Expansion 4 Appendix 1 1 Section 1 Plantation Highlights g 2
More information* 2011* 2012E 2013F 2014F
TRIM COMPANY FOCUS Feb 12, 2013 Bekasi Fajar Industrial Estate Capturing opportunity Bekasi Fajar own MM2100 industrial estate with total 2.100 licensed area. This estate was formed by JV with Marubeni
More informationJakarta, April 5 th, Unofficial Translation
Jakarta, April 5 th, 2017 Unofficial Translation Content Company Overview Operational Performance Financial Highlights Challenges & Strategies Appendix 2 An Introduction To Japfa Tbk Vertically integrated
More informationAdhi Karya Company Focus
Dec 9, 14 Adhi Karya Company Focus Maria Renata (maria.renata@trimegah.com) Cheapest infra proxy A story of the fallen angel Backed by disappointment from several default projects in the past, investors
More informationTHIRD QUARTER FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT
THIRD QUARTER FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT PART I INFORMATION REQUIRED FOR QUARTERLY (Q1, Q2 & Q3), HALF-YEAR AND FULL YEAR ANNOUNCEMENTS UNAUDITED FINANCIAL STATEMENT ANNOUNCEMENT FOR
More information4 th Quarter 2015 Financial Results
4 th Quarter 2015 Financial Results 23 rd February 2016 Disclaimer The presentation is prepared by Super Group Ltd ( Super or the Group ) and is solely for the purpose of corporate communication and general
More informationAKRA audited net profit for FY2015 surge 28% to Rp 1,034 billion
For Immediate Release AKRA audited net profit for FY2015 surge 28% to Rp 1,034 billion 2015 Summary of AKRA Key Achievements Growth in all business segments during 2015 despite tough year Improvement in
More informationPT. Indocement Tunggal Prakarsa Tbk. SELL. Equity Research. 26 February 2018 Basic Industry Cement. Investment Consideration Oversupply Still Exists.
Equity Research PT. Indocement Tunggal Prakarsa Tbk. 26 February 2018 Basic Industry Cement Price IDR 21,300 Target Price IDR 18,355 JKSE Index 6,619.804 SELL Investment Consideration Oversupply Still
More informationLondon Sumatra(LSIP IJ)
Equity Research Company Update Monday,30 July 2018 BUY Maintain Last price (IDR) 1,000 Target Price (IDR) 1,150 Upside/Downside +15.0% Previous Target Price (IDR) 1,300 Stock Statistics Sector Bloomberg
More informationBUY. Equity Research. PT Link Net, Tbk. 3 rd April 2018 Trading, Advertising Printing and Media. Investment Consideration
3/31/217 4/3/217 5/31/217 6/3/217 7/31/217 8/31/217 9/3/217 1/31/217 11/3/217 12/31/217 1/31/218 2/28/218 PT Link Net, Tbk Equity Research BUY 3 rd April 218 Trading, Advertising Printing and Media Price
More informationIndofood CBP Sukses Makmur(ICBP IJ)
Equity Research Result note Wednesday, 02 May 2018 BUY Maintain Last price (IDR) 8,675 Target Price (IDR) 9,700 Upside/Downside +11.8% Previous Target Price (IDR) 9,700 Stock Statistics Sector Bloomberg
More informationLondon Sumatra(LSIP IJ)
Equity Research Company Update Friday,02 November 2018 BUY Maintain Last price (IDR) 1,290 Target Price (IDR) 2,000 Upside/Downside +55.0% Previous Target Price (IDR) 1,150 Stock Statistics Sector Bloomberg
More informationBinggrae ( KS)
(518 KS) Operating profit to improve in 2H Food & Beverage Results Comment August 16, 213 (Maintain) Trading Buy Target Price (12M, W) 115, Share Price (8/14/13, W) 12, Expected Return 13% OP (13F, Wbn)
More informationInvestor Highlight. October 2016
Investor Highlight October 2016 Company Disclaimer Company Disclaimer This confidential document (the Presentation ) and the information contained herein do not constitute or form part of and should not
More informationCompany Presentation 1Q 2014 Results. 30 April 2014
Company Presentation 1Q 2014 Results 30 April 2014 Presentation Outline 1 Business Overview 2 Plantation Highlights 3 Financial Highlights 4 Strategies and Expansion 2 Section 1 Business Overview 3 Integrated
More informationTRIM COMPANY FOCUS. Express Trasindo Utama One and Only. BUY - Rp1,800. Aug 21, Company Update. Stock Data. Major Shareholders: Consensus
TRIM COMPANY FOCUS Express Trasindo Utama One and Only Aug 21, 213 TAXI is the second largest taxi operator in Indonesia, managing 825 taxi units at 212. Its biggest fleet serviced Jakarta, and a smaller
More informationTHIRD QUARTER FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT
THIRD QUARTER FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT PART I INFORMATION REQUIRED FOR QUARTERLY (Q1, Q2 & Q3), HALF-YEAR AND FULL YEAR ANNOUNCEMENTS UNAUDITED FINANCIAL STATEMENT ANNOUNCEMENT FOR
More informationPT Bukit Asam Tbk. Margin Expansion. BUY (TP: IDR 13,250) 23 October 2017
PT Bukit Asam Tbk. Margin Expansion BUY (TP: IDR 13,250) 23 October 2017 High production number, but lower sales volume. PTBA posted strong production output in 3Q17 at 7.48 mn tons (+40.3% YoY, +51.4%
More informationPT United Tractors Tbk
PT United Tractors Tbk Investor Bulletin, Fourth Quarter 2012 United Tractors Achieved Consolidated Revenue of Rp 55.95 Trillion Operational: Y.o.y Komatsu sales volume dropped 27%, coal production grew
More informationGlobal Markets Group. Trade Performance: Depressed by the Eid holiday Author: Juniman Chief Economist. Economic Research. Trade Outlook Monthly Report
Global Markets Group Trade Outlook Monthly Report Economic Research August 2016 Trade Performance: Depressed by the Eid holiday Author: Juniman Chief Economist Trade Highlights Exports in June 2016 rose
More informationAxiata Group registers PATAMI of RM2.6 billion, and pays dividend of 22 sen per share
MEDIA RELEASE Axiata Group registers PATAMI of RM2.6 billion, and pays dividend of 22 sen per share Group announces dividend payout of 22 sen per share, a 75% payout and a 5 percentage points increase
More informationEquity Research PT Eagle High Plantations Tbk
27-May-16 27-Jun-16 27-Jul-16 27-Aug-16 27-Sep-16 27-Oct-16 27-Nov-16 27-Dec-16 27-Jan-17 27-Feb-17 27-Mar-17 27-Apr-17 Equity Research PT Eagle High Plantations Tbk 3 May 217 Plantation, Equity Price
More informationWeekly Brief (September 17 21)
NH Korindo Research NH 해외주식 인도네시아 Weekly Brief (September 17 21) Summary: JCI notched on a high note last week after it moved at lagging pace in the early week. Last week s last two trading days, JCI posted
More informationEvergreen Fibreboard
PP10551/09/2011(028936) 09 November 2010 The Research Team +60 (3) 9207 7663 Research2 @my.oskgroup.com Company Update Evergreen Fibreboard MALAYSIA EQUITY Investment Research Daily Softer Second Half
More informationFinancial Highlights. Operational a Highlights
INTEGRATED AGRIBUSINESS WITH LEADING BRANDS Company Presentation 3Q10 and 9M10 Results 29 October 2010 Results Summary 3Q10 and 9M10 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000 800 750 700 650
More informationPT EXCELCOMINDO PRATAMA, TBK. (XL) FY 2008
PT EXCELCOMINDO PRATAMA, TBK. (XL) FY 2008 Disclaimer This document contains certain financial information and results of operation, and may also contain certain projections, plans, strategies and objectives
More informationSampoerna Agro(SGRO IJ)
Equity Research Company Update Tuesday,31 July 2018 HOLD Maintain Last price (IDR) 2,360 Target Price (IDR) 2,300 Upside/Downside -2.5% Previous Target Price (IDR) 2,700 Stock Statistics Sector Bloomberg
More informationJakarta, 28 October M16 Results Presentation
Jakarta, 28 October 2016 Results Presentation Highlights Inflation rate increased from 3.35% YoY (FY15) to 3.07% () Rupiah strengthened from 13,795 (FY15) to closing at 12,998 () CPO prices (CIF Rotterdam)
More informationEconomic outlook. Bangkok Bank position. Strategic priorities and targets
20110603 1 Topics 1 2 3 Economic outlook Bangkok Bank position Strategic priorities and targets 2 GDP growth outlook remains strong 6 Baht trn 4 +2.5% 2.3% +7.8% +4 5% +3.0% 2 0 2008 2009 2010 2011f 1Q11(A)
More informationKalbe Farma (KLBF IJ) 1Q18 review: Slow start
(KLBF IJ) 1Q18 review: Slow start Pharmaceutical Company Report May 2, 2018 (Maintain) Trading Buy Target Price (12M, IDR) 1,730 Share Price (4/30/18, IDR) 1,505 Expected Return 15.0% Consensus OP (18F,
More information(Registration no C)
3 rd rd Quarter & 9-Month 2014 Financial Results (unaudited) 11 November 2014 1 1 Important Note on Forward Looking Statements The presentation herein may contain forward looking statements by the management
More information3 rd Quarter FY2018. Financial Results. ended Dec. 31, 2017
3 rd Quarter FY2018 Financial Results ended Dec. 31, 2017 1. 3 rd Quarter FY2018 Financial Results 2. FY2018 Financial Forecasts 1-1) Overview of 3 rd Quarter Financial Results
More informationThai Beverage PLC. 1Q17 Financial Results. (First Quarter Ended 31 December 2016) 1Q17 (First Quarter Ended 31 December 2016) Thai Beverage PLC
Thai Beverage PLC 1Q17 Financial Results (First Quarter Ended 31 December 2016) 1Q17 (First Quarter Ended 31 December 2016) Thai Beverage PLC 1 Note on Forward Looking Statements The following presentation
More informationA Master Plan for Ports Port Development and Connectivity Asia Presented By: David Wignall David Wignall Associates
A Master Plan for Ports Port Development and Connectivity Asia 2016 Presented By: David Wignall David Wignall Associates September 2016 Who is doing well in the planning game? Country Liner Shipping Connectivity
More informationPT. Kalbe Farma Tbk.
9/29/2017 10/29/2017 11/29/2017 12/29/2017 1/29/2018 2/28/2018 3/31/2018 4/30/2018 5/31/2018 6/30/2018 7/31/2018 8/31/2018 Equity Research 28 September 2018 Consumer Goods PT. Kalbe Farma Tbk. Investment
More informationBUY. Lippo Karawaci EQUITY RESEARCH. Stable income through diversified products. TP: Rp880 (+19.7%) LPKR - Results Update - 10 October 2017
BUY TP: Rp880 (+19.7%) Lippo Karawaci Stable income through diversified products Sector Bloomberg Ticker Share Price Performance Property LPKR IJ Last price (Rp) 735 Avg. daily T/O (Rpbn/USDmn) 53.2/3.9
More informationSUMMARY OF UNAUDITED CONSOLIDATED STATEMENT OF INCOME
Oct 27, 2016 For Immediate release JAKARTA, 27 th Oct 2016 PT AKR Corporindo Tbk (IDX ticker code: AKRA.IJ) in its reporting with Indonesian Stock exchange submitted the unaudited consolidated financial
More informationWijaya Karya (WIKA IJ)
Equity Indonesia Construction Wijaya Karya (WIKA IJ) BUY (Unchanged) Stock Data Target price (Rp) Prior TP (Rp) Shareprice (Rp) Rp2,900 Rp2,900 Rp1,745 Upside/downside (%) +66.2 Sharesoutstanding (m) 8,970
More informationMatahari Putra Prima Company Focus
September 1, 2014 Matahari Putra Prima Company Focus Sebastian Tobing (Sebastian.tobing@trimegah.com) Paula Ruth (paula@trimegah.com) Re-rating Upside Potential Expect re-rating to continue We expect MPPA
More informationPETROSEA RESULTS FOR THE PERIOD ENDED 30 JUNE 2018
PETROSEA RESULTS FOR THE PERIOD ENDED 30 JUNE 2018 Share IDX Ticker PTRO Last Price (Rp) 1 1,700 Outstanding Shares (Billion) 1.01 Market Capitalization (Rp billion) 1.71 Financial Statements Highlights
More informationPT Indosat Tbk FY 2014 Results
PT Indosat Tbk FY 2014 Results Agenda Financial and Operational Highlights Management Focus and Key Updates Supplemental Information 2 Financial and Operational Highlights 3 4Q14 QoQ Overview Consolidated
More informationMAYORA INDAH (MYOR IJ)
Equity Research Company Update Tuesday,15 August 2017 HOLD UPGRADE Last price (IDR) 1,895 Target Price (IDR) 1,960 Upside/Downside 3.4% Previous Target Price (IDR) 1,790 Stock Statistics Sector Bloomberg
More informationBando Chemical Industries, Ltd.
Consolidated Business Results for the First Half of Fiscal 2011 November 4, 2011 Bando Chemical Industries, Ltd. 0 First Half Financial Summary for the Fiscal Year Ending March 31, 2012 1 (1)Settlement
More informationNine Month 2007 Result Page 1. PT Indosat Tbk Nine Month 2007 Results
Nine Month 2007 Result Page 1 PT Indosat Tbk Nine Month 2007 Results Disclaimer The information contained in this presentation is only current as of date. All actions and statements made herein or otherwise
More informationTogether We Build a Better Future 0
Together We Build a Better Future 0 INDONESIA S CEMENT INDUSTRY: NOW and THE FUTURE FEBRUARY 2014 SMGR Corporate Presentation Together We Build a Better Future 1 CEMENT INDUSTRY AT A GLANCE 2 1 Kuala Lumpur
More informationAstra Agro Lestari (AALI IJ)
Equity Research Company Update Wednesday,07 November 2018 BUY MAINTAIN Last price (IDR) 11,775 Target Price (IDR) 16,500 Upside/Downside +40.1% Previous Target Price (IDR) 11,800 Stock Statistics Sector
More informationKalbe Farma(KLBF IJ) BUY(Unchanged) Not a Fruitful Year. Equity Indonesia Consumer. Results Note. 29 February 2016
Equity Indonesia Consumer Kalbe Farma(KLBF IJ) BUY(Unchanged) Stock Data Target price (Rp) Prior TP (Rp) Shareprice (Rp) Rp1,600 Rp1,710 Rp1,275 Upside/downside (%) +25.5 Sharesoutstanding (m) 47 Marketcap.
More informationTogether We Build a Better Future 0
Together We Build a Better Future 0 INDONESIA S CEMENT INDUSTRY: NOW and THE FUTURE OCTOBER 2013 SMGR Corporate Presentation Together We Build a Better Future 1 CEMENT INDUSTRY AT A GLANCE 2 1 Kuala Lumpur
More informationTogether We Build a Better Future 0
Together We Build a Better Future 0 INDONESIA S CEMENT INDUSTRY: NOW and THE FUTURE APRIL 2014 SMGR Corporate Presentation Together We Build a Better Future 1 CEMENT INDUSTRY AT A GLANCE 2 1 Kuala Lumpur
More informationINVESTOR PRESENTATION 9M PT Japfa Comfeed Indonesia Tbk
INVESTOR PRESENTATION 9M 2015 PT Japfa Comfeed Indonesia Tbk Agenda Company Overview Key Investment Highlights Financial Highlights Appendix 2 Company Overview Introduction to Japfa Tbk Established vertically
More informationNEWS RELEASE FROM ADARO ENERGY
NEWS RELEASE FROM ADARO ENERGY General Media: For further information please contact: Mr. Andre J. Mamuaya Director and Corporate Secretary Tel: (6221) 521 1265 Fax: (6221) 5794 4687 Email: corpsec@ptadaro.com
More informationIndonesia Market Outlook Weekly 2H17 Brief (July 30 August 03)
NH Korindo Research Indonesia Market Outlook Weekly 2H17 Brief (July 30 August 03) Summary: JCI closed higher by 1.98% last week underpinned by the rupiah appreciation until this week s last trading session.
More informationWeekly Brief (October 01 05)
NH Korindo Research NH 해외주식 인도네시아 Weekly Brief (October 01 05) Summary: Last week JCI finished in a positive territory. The backdrop enabled JCI to successfully maintain its rally further within the 3
More informationBank Mandiri Presentation H Results
Bank Mandiri Presentation H1 2004 Results 0 Bank Mandiri Presentation Contents Overview Page # H1 2004 Summary P&L 3 Key Balance Sheet Items & Financial Ratios 4 Reconciliation to IFRS 5 Quarterly Loan
More informationMitra Pinasthika Mustika Company Focus
30 March, 2015 Mitra Pinasthika Mustika Company Focus Willinoy Sitorus (willinoy.sitorus@trimegah.com) Adjust Earnings, Maintain BUY Earnings lower than expected Share price down 13% since 13 Mar 15 on
More informationFull Year 2011 Results
Jakarta, 28 March 2012 PT Semen Gresik (Persero) Tbk. JSX : SMGR Reuters : SMGR.JK Bloomberg : SMGR.IJ Market Capitalization as of 30/12/2011 Rp 67,915,904,000,000 Issued shares 5,931,520,000 Share Price
More informationRamayana Lestari (RALS IJ)
Ramayana Lestari (RALS IJ) HOLD (Unchanged) 29 March 2018 Results Note Equity Indonesia Retail Stock Data Target price (Rp) Prior TP (Rp) Shareprice (Rp) Rp1,185 Rp1,030 Rp1,280 Upside/downside (%) (7.4)
More informationTRIM Company Update HOLD. RALS: Good August, Change in Expansion Plan. Maintained. September 14, 2011
September 14, 2011 TRIM Company Update RALS: Good August, Change in Expansion Plan Maintained HOLD Share Price : Rp770 Sector : Retail Price Target : Rp870(13.0%) (Previously Rp880) Stock Data Reuters
More informationThird Quarter 2016 Results
Jakarta, October 28, 2016 PT Semen Indonesia (Persero) Tbk. JSX : SMGR Reuters : SMGR.JK Bloomberg : SMGR.IJ Market Capitalisation: Rp59 trillion (US$4.5 billion) Issued shares since August 07, 2007 5,931,520,000
More informationCompany Update Nine Months 2018
Nine Months 2018 29 October 2018 Share Price Data (as of 26 October 2018) Ticker @IDX DOID Last Price (Rp) 795 Outstanding Shares (mn) 8,564 Market Capitalization (Rp bn) 6,809 Market Capitalization (USD
More informationTelkom (TLKM IJ) HOLD (from Buy) Recovery mostly priced-in. Equity Indonesia Telecommunication. Company Update. 28 November 2018
Equity Indonesia Telecommunication Telkom (TLKM IJ) HOLD (from Buy) Stock Data Target price (Rp) Prior TP (Rp) Shareprice (Rp) Rp4, Rp4,1 Rp3,72 Upside/downside (%) +7.5 Sharesoutstanding (m) 99,62 Marketcap.
More informationPublic-Private Partnerships and Financial Inclusion
Section 8: Public-Private Partnerships and Financial Inclusion Workshop on Enhancing Access to Formal Financial Services in Indonesia Eugene Keith Galbraith President Commissioner PT Bank Central Asia
More informationCompany Update, 27 September 2013
Sep-12 Nov-12 Jan-13 Apr-13 May-13 Aug-13 Vol m Company Update, Buy (from Neutral) Industrial - Engineering & Construction Target Price: SGD3.49 Market Cap: USD2,797m Price: SGD3.13 Acquires Singapore
More informationKino Indonesia (KINO IJ)
Equity Research Result note Monday,02 April 2018 HOLD MAINTAIN Last price (IDR) 1,970 Target Price (IDR) 2,100 Upside/Downside +6.6% Previous Target Price (IDR) 2,100 Stock Statistics Sector Bloomberg
More informationPT. BANK RAKYAT INDONESIA (PERSERO) Tbk. Financial Update Q Jakarta, October 2008
PT. BANK RAKYAT INDONESIA (PERSERO) Tbk. Financial Update Q3 2008 Jakarta, October 2008 Highlight on Indonesia s Macro Economy in 3Q 2008 Indonesia s macro economy is affected by the global economic turbulence.
More information2015 Full Year Results Presentation
2015 Full Year Results Presentation 17 February 2016 Disclaimer: This material should be read as an overview of OCBC s current business activities and operating environment. It should not be solely relied
More informationProfit of PT TIMAH (Persero) Tbk Increases 141% YoY Financial Report till 3 rd Quarter 2014
FOR IMMEDIATE RELEASE For further information, please contact: Agung Nugroho, Corporate Secretary telepon : +62 (21) 23528000 faksimili : +62 (21) 3444012 e-mail : corporatesecretary@pttimah.co.id website
More informationFourth quarter and full-year report 2017 Stockholm, January 31, 2018
Fourth quarter and full-year report Stockholm, January 31, 2018 FOURTH QUARTER HIGHLIGHTS See page > > Reported sales decreased by -12%. Sales adjusted for comparable units and currency declined by -7%
More informationMatahari Putra Prima(MPPA IJ)
Equity Research Company Update Friday, 03 August 2018 SELL Maintain Last price (IDR) 236 Target Price (IDR) 200 Upside/Downside -18.0% Previous Target Price (IDR) 250 Stock Statistics Sector Bloomberg
More informationIndocement Tunggal Prakarsa
2/16 3/16 4/16 5/16 6/16 7/16 8/16 9/16 10/16 11/16 12/16 1/17 2/17 (INTP IJ) Waiting for sentiment to improve Better QoQ volume growth in 4Q16, but weak FY16 performance overall Basic Industry Company
More informationMitra Keluarga Company Focus
October 13, 2015 Mitra Keluarga Company Focus Patricia Gabriela (patricia.gabriela@trimegah.com) Titan in medical industry Initiate coverage on MIKA with BUY We initiate our coverage on MIKA with a Buy
More informationGlobal Markets Group. Trade Performance: Narrowing Surplus Author: Juniman Chief Economist. Economic Research. Trade Outlook Monthly Report
Global Markets Group Trade Outlook Monthly Report Economic Research November 2016 Trade Performance: Narrowing Surplus Author: Juniman Chief Economist Trade Highlights Exports in September 2016 fell to
More informationEarnings Presentation for 3Q FY2012
Earnings Presentation for 3Q FY2012 Feb 13, 2013 The estimates and projection in this presentation are forward-looking statements based on the information available at the time of the announcement. Actual
More informationHighlights. 9M17 Results. Rp billion; % 9M16 9M17 % FY16 1Q17 2Q17 3Q17
Investor Newsletter December 2017 Shareholding Composition Sep-16 Sep-17 Bank Danamon Indonesia 92.1% 92.1% Public ( 5%) 7.9% 7.9% Credit Ratings (PEFINDO) Rating/Outlook Corporate Bonds Mudharabah Bonds
More informationBuy. Gudang Garam Tbk (GGRM) Proves Outstanding Performance. NH Korindo Sekuritas Indonesia. Dec 2019 TP (IDR) 88,650.
Tbk (GGRM) Proves Outstanding Performance Company Report Sep 18, 2018 GGRM s Sales Grows Fantastically GGRM posted the fantastic sales of 15.0% in 2Q18 from IDR20.2 trillion in 2Q17 into IDR23.32 trillion
More informationEquity Research PT Eagle High Plantations Tbk
Equity Research PT Eagle High Plantations Tbk April 23, 2018 Plantation, Equity Price IDR. 296 Target Price IDR. 580 JKSE Index 6337.695 Stock Code Bloomberg code BWPT IJ Market cap (IDR.bn) 9772.8 52-Week
More informationPT Wijaya Karya Beton Tbk
2-Dec-16 2-Jan-17 2-Feb-17 2-Mar-17 2-Apr-17 2-May-17 2-Jun-17 2-Jul-17 2-Aug-17 2-Sep-17 2-Oct-17 2-Nov-17 7 December 2017 Precast, Equity Price IDR. 510 Target Price IDR. 775 JKSE Index 6,035.508 250
More informationConference Call. FY2008 Results: Delivering Higher Performance
Conference Call FY2008 Results: Delivering Higher Performance March 17, 2009 SGG IS THE #1 CEMENT COMPANY IN INDONESIA BRIEF BRIEF HISTORY HISTORY 1957 Inauguration of Gresik I 1991 Initial Public Offering,
More informationIndofood Sukses Makmur(INDF IJ)
Equity Research Company Update Thursday,27 September 2018 BUY MAINTAIN Last price (IDR) 5,975 Target Price (IDR) 8,200 Upside/Downside +37.2% Previous Target Price (IDR) 8,000 Stock Statistics Sector Bloomberg
More informationTune Ins Holdings Berhad ( K) - Financial Results 3Q Analyst Presentation Nov 2013
Tune Ins Holdings Berhad (948454-K) - Financial Results 3Q 2013 - Analyst Presentation Nov 2013 Agenda 1. 3Q 2013 Group Financial Results : Key Highlights 2. 3Q 2013 Pro Forma Results 3. Online Insurance
More informationIMCD reports 9% EBITA growth in 2017
Press release IMCD reports 9% EBITA growth in 2017 Rotterdam, The Netherlands (2 March 2018) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food ingredients, today announces
More informationPT Bank Rakyat Indonesia (Persero) Tbk. FY Financial Update Presentation
PT Bank Rakyat Indonesia (Persero) Tbk. FY 2016 - Financial Update Presentation Outline Financial Updates (consolidated) Financial Update 1. Financial Highlight 8 2. Balance Sheet 9 3. Loan Mix and Growth
More informationPT United Tractors Tbk
PT United Tractors Tbk Investor Bulletin, First Half 2012 UT Generated Rp 3.09 Trillion Net Income Operational: Y.o.y Komatsu sales volume down 2%, coal production grew 12% and overburden increased 13%,
More informationPT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of March 31, 2013
PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of March 31, 2013 Disclaimer IMPORTANT: The following forms part of, and should be read in conjunction with, the other material
More informationIndonesia Economics Update
Indonesia Economics Update THEE Kian Wie and Siwage Dharma Negara Economic Research Centre Indonesian Institute of Sciences (P2E LIPI) Jakarta 24 September 2010 Macroeconomic Developments Growth Balance
More informationIntroduction to INDONESIA
Introduction to INDONESIA Indonesia is the fifth largest economy in Asia in nominal GDP terms and the third most populous nation behind China and India. It has recorded strong economic growth over the
More informationHOLD. Astra International EQUITY RESEARCH. Lower TP on market share loss concern. TP: Rp8,800 (+9.0%) ASII - Results Update - 01 March 2018
HOLD TP: Rp8,800 (+9.0%) Astra International Lower TP on market share loss concern Sector Bloomberg Ticker Share Price Performance Automotive ASII IJ Last price (Rp) 8,075 Avg. daily T/O (Rpbn/USDmn) 222.7/16.2
More informationPT. Sri Rejeki Isman Tbk.
PT. Sri Rejeki Isman Tbk. Equity Research 12 September 2018 Textile, Garment Price IDR 340 Target Price IDR 510 JKSE Index 5,831.117 450 400 350 300 250 200 150 100 50 0 Last price Stock Information Bloomberg
More informationKurita Water Industries Reports Earnings for the Nine Months ended December 31, 2010
FOR IMMEDIATE RELEASE Kurita Water Industries Reports Earnings for the Nine Months ended December 31, 2010 Tokyo, Japan, January 31, 2011 Kurita Water Industries Ltd. (TSE Securities Code 6370) announced
More informationInvestment Highlights
Vtech Holdings 15 November 2017 Maintaining TP of HK$130 Slower growth in top line Vtech Holdings (0303.HK) Export Sector Rating Buy Target Price HK$130.0 (12/18) Close Price 52 weeks high/low Market cap
More informationWaskita Karya (WSKT IJ)
Waskita Karya (WSKT IJ) BUY(Unchanged) 31 January 2018 Company Update Equity Indonesia Construction Stock Data Target price (Rp) Prior TP (Rp) Shareprice (Rp) Rp3,100 Rp3,100 Rp2,780 Upside/downside (%)
More informationPT XL AXIATA, TBK. (XL) FY09
PT XL AXIATA, TBK. (XL) FY09 Disclaimer This document contains certain financial information and results of operations, and may also contain certain projections, plans, strategies and objectives of XL,
More information