Market Flash: iSHARES MSCI Indonesia Investable Market Index Fund (EIDO:US) PRICE: 28.530 USD Down -0.360 (-1.246%) >>> BI: Rupiah Melemah Akibat Kondisi Eropa >>> Pertemuan FED pertimbangkan langkah baru dorong ekonomi >>> KIJA akan Terbitkan MEN Valas USD150 Juta >>> PT Indika Energy Perusahaan Teladan Dunia 2011 >>> Govt Promises Revision of Cost Recovery Regulation >>> BPMigas Demands PGN to Pay US$6 per MMBTU >>> Jababeka to Raise US$150 Million from Debt Markets >>> SCG Chemicals buys Chandra Asri >>> Solusi Tunas eyes Rp380 bio IPO >>> SMR Utama scouts Rp300 bio IPO >>> Alam Sutera picks two bond arrangers >>> ASII Tetap Rajai Penjualan Mobil Agustus 2011 >>> Perusahaan Thailand kuasai Saham TPIA senilai Rp 3,76 Triliun >>> Agis Main ke Tambang, Sahamnya Masuk Dalam Pengawasan >>> ACES Mendekati The Northern Agar Mau Kurangi Kepemilikan >>> IHSG masih harus berjuang terus bertahan diatas MA200 >>> Melirik Peluang Akumulasi di Saham Perbankan >>> Analisa Saham BUMI: Kuat Bertahan & Berpeluang Kembali Uptrend >>> Analisa Saham JSMR: Bertahan Di Support, What Next? >>> INDF Tertahan Di Area Support Kuat, Berpeluang Rebound >>> ASII Break Minor Support, Sell on Strength >>> ADRO Membentuk Descending Wedges, Berpeluang Rebound Terbatas >>> Wall Street ends flat as early gains evaporate >>> Fed begins policy meeting, tiptoes toward easing >>> Fed meeting to help decide on long-term Treasuries >>> Greece Makes 'Good Progress' in Reform Talks: EC >>> China worried Europe debt crisis will hit trade >>> China could roll out 4.65tr yuan stimulus package >>> IMF sees Mideast stagnation >>> NYMEX-Crude ends higher at Oct contract expiry >>> Asian Crude Palm Oil Up On Technical Buying, Soyoil >>> Foreign net Sell - 61.785.746

Jumat, 19 Agustus 2011

Bumi Minerals 1H net profit surges 96.82% - Insider Stories

PT Bumi Resources Minerals Tbk (BRMS), a non-coal subsidiary of coal miner PT Bumi Resources Tbk (BUMI), reported a 96.82% jump in net profit for the first half of this year.
In a press statement today, the profit jump was mainly driven by the favorable realized commodity prices and the reduced interest and financing charges.
Bumi Minerals booked Rp343.82 billion in 1H 2011 from Rp174.69 billion. Revenue slightly increased 7.14% to Rp67.26 billion from Rp62.78 billion, despite the lower gold and copper production.

Ken Farrell, the CEO of BRMS, said the temporary production drop by PT Newmont Nusa Tenggara (NNT) has been anticipated due to the delayed phase six developments in the Batu Hijau mine site.
NNT is currently producing copper and gold from the maturing phase five and from the lower grade stock pile ores nearby.
As the phase six development is being finalized, NNT is expected to increase its copper and gold production rate early in 2013.
"BRMS is also on track to commence its first iron ore production from the Bumi Mauritania S.A. early in 2012, while our zinc and lead project operated by PT Dairi Prima Mineral plans to initiate production in 2013 subject to the borrow and use exploitation permit issued by the Ministry of Forestry by end of this year,” said Ken Farrel.

Yuanita Rohali, the CFO of BRMS, added the company's realized copper and gold prices in the 1H 2011 increased by 36% and 25% respectively from the same period of last year.
In addition, BRMS has successfully de-leveraged its balance sheet and maintained a relatively strong net debt to equity ratio of 0.1x.
"Consequently, the company’s interest and financing charges were reduced by 61% to its current level. These factors were responsible for the 96% profit increase to Rp 343 billions,” she said.
Posted by Saham Pilihan at 05.34

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)