1. Bank CIMB Niaga (BNGA)
- The company recorded net income realization along 2017 (unaudited) amounted to Rp 2.9 trillion, or rose 41.6% on an annual basis or year on year (yoy). The profit in 2017 driven by net interest income rose 3.5%, while operating expenses were down 9.7%. Total assets at the end of 2017 reached Rp 263.5 trillion or up from 2016 of Rp 236.9 trillion.
- The company is optimistic the revenue could rise significantly this year along with the rising oil prices. The company allocates capital expenditures of around Rp 400 - 500 billion in 2018.
- In 2018, the company will spur the upstream segment business based on non asset such as Engineering Procurement Construction (EPC) and Operation and Maintenance (OM), as well as seismic system development.
- Based on the financial report of 2017, ELSA had revenues totaling Rp 4.98 trillion. Details, revenue from distribution service and energy logistics Rp2,5 trillion, oil and gas gas upstream services Rp2,27 trillion trillion, as well as oil and gas support services Rp 206,87 billion.
- The company plans to add 250 new outlets in the year 2018 or increased fivefold compared with the addition of shops by the year 2017. In the year 2017, the ERAA has had 747 Mas outlet consisting of Erafone outlets (megastore, multibrand and joint business), Urban Republic outlets, Samsung Experience Store outlets, iBox outlets, Mi Store outlets and operator outlets (XPlor, Ooredoo Store).
- ERAA record net sales in the quarter III-2017 to the western region of Rp 3.48 trillion, the central region of Rp 10.68 trillion, and the eastern region of Rp 2.49 trillion. Total net sales of Rp 16.65 trillion.
- The company's net profit surged by 93% in 2017 to $253 million compared with the realisation of profit on 2016 US $131.09 million. Meanwhile, revenues of US $1.69 billion in 2017, it means that the net profit margin of ITMG on 2017 recorded amounted to 14.97%.
- The magnitude of the profit earned in 2017 was appraised as positive sentiment for stocks. In the future, the performance of the ITMG is estimated to remain positive so it can push its stock price increase.
- The company had revenues of US $439,28 million in 2017, or up 13% compared in 2016 that amounted to US $388,66 million. Meanwhile, there was a rise in the operating expenses US $373,05 million or 23.8% year-on-year (yoy) of US $301,29 million. The company posted a net profit of the current year amounted to US $50,94 million, or up 13.3% (yoy) from the year 2016 which amounted to US $57,74 million.
- Rising the price of soybean oil carry the positive sentiment on the price movement of crude palm oil (CPO). Soybean oil rose amid the angst of failed harvests in Argentina, because Argentina is the biggest exporter of soybeans and soybean oil in the world.
- The positive trend of price movement of CPO is estimated to be able to survive on earlier this week. Citing Bloomberg Monday (26/2) at 15.00 GMT, the price of CPO contract delivery May 2018 on the Malaysia Derivatives Exchange rose 1.19% to RM 2,553 per metric ton. The price rise of about 1.51% compared to the previous week.
- Prefabricated concrete production was still running, although there is a temporary suspension on the projects of elevated infrastructure. Production stop was elevated work, but non-elevated production still running.
- This year, WSBP will add two new plant in East Kalimantan and North Sumatra with a capacity ranging from 500,000-600,000 tons per year. In addition, the company also want to increase the production capacity of the existing plant. Both of the factory started operating on the semester II-2018.
- Sales and revenues per 31 December 2017 reached Rp 765.30 billion, down 7.52% in 2016 which is Rp 827.60 billion. Meanwhile, net profit rose 1.28% yoy to Rp 118.55 billion.
- In the same period, the company's liabilities of Rp 507.12 billion and equity the company Rp 1.00 trillion. The company's assets reached Rp 1.51 trillion at the end of 2017 or rose from 2016 of Rp 598.4 billion.
- This year the company wants to speed up the performance of the company. This automotive components manufacturer estimated capital expenditure (capex) amounting to Rp 2 trillion or a rise compared to last year which amounted to Rp 700 billion.
- The company is optimistic the export performance would increase 7 - 8% compared to last year. Until the third quarter of 2017, total exports reached Rp 889 billion. The value contributed as much as 8.9% of the total revenue of $9.97 trillion.
- As for the company's net income grew 4.3% to Rp 9.55 trillion compared to the previous three-year quarter's achievement.
- BBNI showed a significant increase of branchless banking agencies conduct by Laku Pandai and Agen46 agents.
- Until December 2017 the amount agen46 BNI has reached approximately 70,000 agents with BNI Pandai accounts reached 4.8 million accounts or grow 302% from the previous year or year on year (yoy).
- From the volume and banking transactions through agents, sharp rise from the previous year. The number of transactions recorded as many as 35 million transactions or grow 389% yoy and the volume of transactions of Rp 6.5 trillion, or grow 447% yoy.
- This year, the BBNI expects total funds from wealth management (WM) business can grow 14% yoy to Rp 130.7 trillion, or rose compared to the approximate end of the year 2017 reached Rp 114.7 trillion.
- Until the end of the year 2017, BBRI already has 279,750 BRILink agent. This number increased dramatically compared to the year 2016 as much 84,550 people. The company is targeting will have 500,000 of agents by the end of 2018.
- Through the year 2017, BRILink agent is able to record the 202.1 million financial transactions or grow 105.4% yoy with a total volume of transactions worth Rp 298 trillion or grew 114.2% yoy. It all contributed to the current account and savings account (CASA) worth Rp 3.9 trillion.
- The company continues expanding markets abroad. After the successful opening of a distribution office in the Philippines and Nigeria, the company is targeting a market can get into Thailand and Viet Nam. While there is already a distribution network in the United States, Australia, the Netherlands, Saudi Arabia, Malaysia and Singapore.
- For the domestic market, the company will flatten and maximize product distribution in eastern Indonesia. In addition, SIDO will also maximize the product variations.
- The company is optimistic the company's earnings can grow double digits, because the net profit margin is high, which is about 55 percent.
See also:
