Last year, net profit of Rp1 bukukan Japfa T

J Erna

Sindonews.com PT Japfa Comfeed Indonesia-Tbk (JPFA) in 2012 managed to obtain a net profit amounting to Rp1,07 trillion, up 99,84 percent over the previous year totaling Rp671,47 billion.

In the report of the company on the Indonesia stock exchange disclosure (BEI) yesterday (Tuesday, 26/3/2013) revealed soaring net profit rise supported net sales in that year.

The company recorded sales up 14.08 percent to Rp17,83 billion compared to the year 2011 worth Rp15,63 trillion. However, the rise in net sales resulted in a load of goods sold increased to Rp14,65 trillion compared to the previous year rp13 07? trillion.

However, the net profit can be attributed to the owner of the parent entity rose 60,71 percent to Rp991,66 billion compared to the previous year totaling Rp617,47 billion. Basic earnings per share rose to 472 from 2011 valued at 298 per share.

However, the company recorded total assets rose to Rp10,96 billion compared to Rp8,27 billion the previous year, with the number of recorded debt rose to Rp6,2 trillion from 2011 positions amounted to Rp4,48 trillion.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

China Construction Bank net profit USD31,2 print M

Dani Mohammad Dahwilani

Sindonews.com -China Construction Bank, the fourth-largest bank reported a net profit increase of 14.1 percent year-on-year in 2012, lifted net interest income growth.

Reported by Global Post, Monday (25/3/2013), the bank said, the company's net profit totaled 193,2 billion yuan (USD31,2 billion), up from 169,3 billion yuan in 2011. Net-interest income calculated from interest earned minus interest payments the customer-16.0 percent jump to 353,2 billion yuan, accounted for more than two-thirds of the bank's operating income last year.

However, the bank warned of a gradual liberalization of interest rates in China will hurt corporate profits in the future.

The Central Bank last year extending its range, that bank deposit and credit interest rates can soar to the benchmark level, an action that could result in the bank's net interest margin narrowed.

The bank stated, will be active doing research on interest rate liberalization by growing and improve the ability in responding to the price reform.

The Non-performing loan ratio dropped to 0.99 per cent last year, from 1,09 percent in 2011. While the Capital adequacy ratio, a measure of capital to assets, rose to 14,32 percent last year, from 13,68 percent in 2011, helped by the issuance of bonds of 40 billion yuan.

Shares of China Construction Bank climbed 2.43 percent to HKD 6.32 (USD0,81) in midday trading on the Hong Kong and Shanghai rose 1.49 percent to 4.78 yuan.

(dmd)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

PetroChina reported a net profit decline of 13%

Dani Mohammad Dahwilani

Sindonews.com -PetroChina reported a net profit decline of 13.3 percent, despite increased production due to slowing the pace of China's economic growth.

China's largest oil companies recorded a profit of 115,33 billion yuan (USD18,56), lower from 2011 amounted to 132,96 billion yuan. While revenue rose 9.6 percent to 2.2 trillion in 2012. PetroChina also reported increases in oil and natural gas production amounted to 4.5 per cent compared to 2011.

"In the face of a complicated economic environment and hard, both domestically and abroad in 2012, the company tried hard change step of development with a focus on quality and efficiency of growth," said PetroChina in a statement, as reported by the Global Post, Thursday (21/3/2013).

The company also reduced profits due to "macro-regulation and control" of the price of oil is distilled in the State is lower than the sale of natural gas imports.

China's leaders have been cutting prices of distilled oil products last May and June in line with weakening crude oil prices squeeze profit margins, international from domestic refineries.

China's economy grew 7.8 percent in 2012, the worst performance in 13 years due to weakening in the sector domestically and overseas, after briefly experiencing record growth of 9.3 percent in 2011 and 6.5 percent for 2010.

(dmd)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Startup weekend, IHSG overshadowed profit taking

Dana Aditiasari

Sindonews.com -composite index (IHSG) at today's trading will still show their ability and level of support are on-resistance-4.787 4.844. Three white soldiers pattern in very overbought area formed over IHSG indicates a bullish continuation overshadowed profit taking.

As head of the MNC Research delivered Securities, Edwin Sebayang started the first week of this month, Monday (4/3/2013).

From abroad, some contribute on JCI's sentiments. One of them is after a gain of 0.64 percent over last week, Dow Jones appears to have a chance to reach the highest level some time in the future on new levels of 14,200.

But economic reports and important news of the US and Europe may decide where a direction will go from current levels. Among all the important economic data will be dirrilis throughout this week, the labor report to be released Friday, the February nonfarm payrolls is paramount, it is estimated there will be an increase of 160 thousand jobs, while the unemployment rate is expected to stabilise at level 7, 9 percent.

In addition, another important economic data to consider, such as the ISM Nonmanufacturing (Tuesday); ADP employment, Factory orders, the Beige book (Wednesday); Chain Store Sales, and Initial Claims (Thursday).

According to Edwin, foreign fund inflow plus dasyatnya strong growth in net profit amid the strengthening rupiah encouraged issuers IHSG rose sharply last week amounted to 160,49 points (3.45 percent), where net foreign exchange buy Indonesia for 1 week Rp4,61 trillion and Rp18,77 trillion for the next nine weeks.

While compare total net foreign buying all 2012 of Parlay trillion, so by the rise in stock valuations make much more expensive. As a result, investors need to do selective buying.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Volkswagen net profit USD28,7 billion bukukan

Izzudin -Sindonews

Sindonews.com -Volkswagen AG, scored a net profit of 21.7 billion euros or about USD28,7 billion for 2012 or ride up to 41 percent.

Meanwhile, the income earned by car manufacturer Germany also rose by 21 percent to 192,7 billion euros. For 2012, Volkswagen was able to sell as many as 9.3 million units, or up 12.2 percent over the previous year throughout the world.
As quoted from Inautonews, Saturday (23/2/2013), this year the company expects income exceeds the income earned in 2012. However, operating profit is expected to be similar to 2012, due to economic uncertainty.

"The economic Environment for our business is becoming more difficult on the taste last year. Nevertheless, we managed to meet our target in 2012, "said Volkswagen Chief Executive Martin Winterkorn,.

According to him, the business profits by 2012 amounted to 11.5 billion euros or 2.1 percent rise, compared to 2011. While the profit before tax amounted to 25.5 billion euros.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

IHSG prone to profit taking action

Dana Aditiasari -Sindonews

Sindonews.com -composite index (IHSG) at today's trade diproyeksi will be in the range of-4.653 4.596. With the inverted hammer pattern placed over her amid the overbought Stochastics indicator indicates rawannya exposed to profit taking.

So disclosed Research Head MNC Securties, Edwin Sebayang, Friday (22/2/2013).

Statement of The Federal Reserve Bank of Philadelphia said Business Conditions Index-Mid-Atlantic Region in February that sharp terkontraksi 2 consecutive months be-12.5 (indicate the manufacturing sector terkontraksinya in the area).

In addition, the sharp increase in Weekly unemployment benefit Claims jumped 20,000 unit wrote a sharp adjustment level becomes a factor in the decline of the 362,000 back Dow Jones of 46.92 points (-0.34 percent) accompanied the rise in The Vix closed down 3.68 percent + at level 18.

It happened in the middle of his in line the existing home sales data be 4,92 million homes but offer homes for sale terkontraksi to as low as the lowest in 13 years as well as The Leading Economic Index increased in January, thus giving a signal of economic activity grew.

The impact statement of The Fed's bond-buying program will stop the alias being "the Era of Cheap Money" back push commodity prices down sharply, oil-1.5 per cent, gold-0.15 percent (to level USD1500), nickel-tin-1.8 percent and 2.44 percent.

"With the fall of the" so it for 4 days in a row, the price of Nickel was down 9.16 percent and Tin-down-8.25 percent makes enough reason to Sell commodity-based stocks or • avoid, "said Edwin.

In addition, he said, with the Dow's fall back into negative sentiment for the overnight trade Friday amid the JCI this valuation overvalued him some big caps stocks & 2nd liners amid a major factor not to fall arrestor JCI, i.e. "The Liquidity Driven Market" which reached AS of YTD (Thursday, 8/02), net foreign buying amounted to Rp13,10 trillion.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics