DAILY UPDATE May 1, 2012 - panin-am.co.id · CORPORATE NEWS - cont’d INTP – PT Indocement...

DAILY UPDATE May 1, 2012

MACROECONOMIC NEWS

US Macro – Business activity expanded in April at the slowest

pace since the end of 2009, adding to evidence that

manufacturing is cooling. ISM-Chicago Inc. said its barometer

decreased to 56.2 from 62.2 in March. Meanwhile, consumer

spending climbed 0.3% in March after a revised 0.9% gain the

prior month, and incomes picked up, indicating the biggest part

of the economy will help sustain the expansion.

Spain in Recession– Spain’s economy contracted in the first

quarter, putting the euro region’s fourth-largest economy into

its second recession since 2009. GDP fell 0.3%, the same as in

the previous three months.

CORPORATE NEWS

BBTN – PT Bank Tabungan Negara plans to issue IDR2 trillion

bond as a source for credit funding. The bond will have 10 years

of maturity.

BMRI – PT Bank Mandiri plans to sell some of its recap bonds

this year. BMRI stated that there are 3 potential foreign buyers

of the recap bonds. Currently BMRI has IDR 53.7 trillion recap

bond as Available for Sale, IDR 23.4 trillion as Hold to Maturity

and IDR 1.4 trillion as Trading.

LPCK – PT Lippo Cikarang sold 41-ha industrial land worth IDR

491 billion along 1Q12. Cikampek toll road will soon provide

direct access to the area by the end of this year.

HMSP – PT HM Sampoerna will distribute cash dividend of IDR

1,550 per share with a total of IDR 6.793 trillion, in addition to

the IDR 200 dividend interim per share distributed last

December.

MNCN – PT Media Nusantara Citra will distribute dividend with

a total of IDR 500 billion or IDR 35 per share between June and

July.

PT. Panin Asset Management JSX Building Tower I, 3rd Floor Jl. Jend. Sudirman Kav. 52-53 , Jakarta 12190 T : (021) 515-0595 , F : (021) 515-0601

Equity Markets Closing % Change

Dow Jones 13214 -0.1

NASDAQ 3046 -0.7

MSCI excl. Jap 519 1.0

Nikkei 9428 -1.0

Hang Seng 21094 1.7

STI 2979 -0.1

JCI 4181 0.4

Indo ETF (IDX) 29.6 -0.5

Indo ETF (EIDO) 30.9 -0.7

Currency

Closing Last Trade

US$ - IDR 9177 9183

US$ - Yen 79.82 79.9

Euro - US$ 1.3239 1.3235

US$ - SG$ 1.2372 1.2369

Commodities

Last Price Chg %Chg

Oil NYMEX 104.7 0.04 0.0%

Coal NYMEX 57.5 0.25 0.4%

Coal Newcastle 101.6

Nickel 18100 -205 -1.1%

Tin 22500 275 1.2%

Gold 1665 1.0 0.1%

CPO Rott 1180 -5 -0.4%

CPO Malay 3476 5.5 0.2%

Indo Gov. Bond Yields

Last Yield Chg %Chg

1 year 4.15 -0.03 -0.6

3 year 4.77 0.00 -0.1

5 year 5.22 0.00 0.0

10 year 5.96 0.00 0.0

15 year 6.42 0.00 0.0

30 year 6.44 0.00 0.0

CORPORATE NEWS - cont’d

GGRM – PT Gudang Garam released its 3m 2012 financial result:

GGRM (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

9,479 11,476 21.07%

11,316 11,476 1.41%

Gross Profit

2,256 2,403 6.49%

2,578 2,403 -6.79%

Operating Profit

1,536 1,743 13.46%

1,613 1,743 8.06%

Pretax Earnings

1,484 1,633 10.03%

1,498 1,633 9.02%

Net Income

1,100 1,209 9.90%

1,107 1,209 9.21%

EPS

572 628 9.79%

576 628 9.03%

Gross Profit Margin

23.8% 20.9% -2.9%

22.8% 20.9% -1.8%

Operating Profit Margin

16.2% 15.2% -1.0%

14.3% 15.2% 0.9%

Net Profit Margin

11.6% 10.5% -1.1%

9.8% 10.5% 0.8%

HMSP – PT HM Sampoerna released its 3m 2012 financial result:

HMSP (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

11,708 15,403 31.55%

14,515 15,403 6.11%

Gross Profit

3,357 4,344 29.40%

4,183 4,344 3.85%

Operating Profit

2,439 3,295 35.11%

2,706 3,295 21.79%

Pretax Earnings

2,465 3,324 34.85%

2,818 3,324 17.95%

Net Income

1,824 2,476 35.73%

2,108 2,476 17.48%

EPS

416 565 35.82%

481 565 17.46%

Gross Profit Margin

28.7% 28.2% -0.5%

28.8% 28.2% -0.6%


20.8% 21.4% 0.6%

18.6% 21.4% 2.8%

Net Profit Margin

15.6% 16.1% 0.5%

14.5% 16.1% 1.6%

GJTL – PT Gajah Tunggal released its 3m 2012 financial result:

GJTL (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

2,896 3,146 8.64%

3,119 3,146 0.85%

Gross Profit

429 558 30.17%

473 558 17.98%

Operating Profit

281 393 39.84%

297 393 32.33%

Pretax Earnings

408 324 -20.57%

122 324 165.97%

Net Income

332 254 -23.35%

92 254 176.76%

EPS

95 73 -23.16%

26 73 180.77%

Gross Profit Margin

14.8% 17.7% 2.9%

15.2% 17.7% 2.6%


9.7% 12.5% 2.8%

9.5% 12.5% 3.0%

Net Profit Margin

11.5% 8.1% -3.4%

2.9% 8.1% 5.1%

UNVR – PT Unilever Indonesia released its 3m 2012 financial result:

UNVR (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

5,668 6,604 16.51%

6,147 6,604 7.44%

Gross Profit

2,888 3,316 14.81%

3,116 3,316 6.41%

Operating Profit

1,323 1,570 18.62%

1,404 1,570 11.78%

Pretax Earnings

1,323 1,554 17.43%

1,527 1,554 1.74%

Net Income

987 1,163 17.84%

1,139 1,163 2.12%

EPS

129 152 17.83%

149 152 2.01%

Gross Profit Margin

51.0% 50.2% -0.7%

50.7% 50.2% -0.5%


23.3% 23.8% 0.4%

22.8% 23.8% 0.9%

Net Profit Margin

17.4% 17.6% 0.2%

18.5% 17.6% -0.9%


INTP – PT Indocement Tunggal Prakarsa released its 3m 2012 financial result:

INTP (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

2,944 3,849 30.74%

4,108 3,849 -6.31%

Gross Profit

1,439 1,769 22.97%

1,829 1,769 -3.26%

Operating Profit

1,061 1,208 13.87%

1,222 1,208 -1.19%

Pretax Earnings

1,136 1,305 14.82%

1,320 1,305 -1.16%

Net Income

865 1,000 15.55%

1,011 1,000 -1.11%

EPS

235 272 15.54%

275 272 -1.11%

Gross Profit Margin

48.9% 46.0% -2.9%

44.5% 46.0% 1.5%


36.0% 31.4% -4.7%

29.8% 31.4% 1.6%

Net Profit Margin

29.4% 26.0% -3.4%

24.6% 26.0% 1.4%

SMCB – PT Holcim Indonesia released its 3m 2012 financial result:

SMCB (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,682 2,012 19.61%

2,116 2,012 -4.93%

Gross Profit

587 674 14.88%

892 674 -24.42%

Operating Profit

331 406 22.75%

486 406 -16.37%

Pretax Earnings

361 385 6.54%

472 385 -18.44%

Net Income

209 249 19.25%

323 249 -22.78%

EPS

27 33 22.22%

42 33 -21.43%

Gross Profit Margin

34.9% 33.5% -1.4%

42.2% 33.5% -8.6%


19.7% 20.2% 0.5%

23.0% 20.2% -2.8%

Net Profit Margin

12.4% 12.4% 0.0%

15.3% 12.4% -2.9%

MAPI – PT Mitra Adiperkasa released its 3m 2012 financial result:

MAPI (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,269 1,639 29.17%

1,681 1,639 -2.50%

Gross Profit

628 813 29.46%

876 813 -7.26%

Operating Profit

82 113 37.31%

192 113 -41.11%

Pretax Earnings

61 79 27.84%

158 79 -50.37%

Net Income

44 58 33.33%

122 58 -52.15%

EPS

26 35 34.62%

82 35 -57.32%

Gross Profit Margin

49.5% 49.6% 0.1%

52.1% 49.6% -2.5%


6.5% 6.9% 0.4%

11.4% 6.9% -4.5%

Net Profit Margin

3.4% 3.6% 0.1%

7.3% 3.6% -3.7%

RALS – PT Ramayana Agung Sentosa released its 3m 2012 financial result:

RALS (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

985 1,079 9.55%

1,042 1,079 3.52%

Gross Profit

312 348 11.68%

339 348 2.85%

Operating Profit

16 28 70.99%

-1 28 -2006.54%

Pretax Earnings

30 43 42.41%

12 43 249.38%

Net Income

31 40 29.95%

35 40 14.16%

EPS

4 6 30.00%

5 6 20.73%

Gross Profit Margin

31.7% 32.3% 0.6%

32.5% 32.3% -0.2%


1.6% 2.6% 0.9%

-0.1% 2.6% 2.7%

Net Profit Margin

3.1% 3.7% 0.6%

3.3% 3.7% 0.3%


ACES – PT Ace Hardware Indonesia released its 3m 2012 financial result:

ACES (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

526 721 37.06%

717 721 0.57%

Gross Profit

228 348 52.95%

346 348 0.83%

Operating Profit

70 113 60.17%

121 113 -6.85%

Pretax Earnings

74 116 56.23%

125 116 -7.37%

Net Income

57 88 55.01%

98 88 -10.03%

EPS

33 51 55.01%

57 51 -9.25%

Gross Profit Margin

43.3% 48.3% 5.0%

48.2% 48.3% 0.1%


13.4% 15.7% 2.3%

16.9% 15.7% -1.2%

Net Profit Margin

10.8% 12.2% 1.4%

13.7% 12.2% -1.4%

JSMR – PT Jasa Marga released its 3m 2012 financial result:

JSMR (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,499 1,469 -2.00%

1,365 1,469 7.62%

Operating Profit

564 688 22.09%

524 688 31.35%

Pretax Earnings

429 542 26.16%

359 542 50.89%

Net Income

353 411 16.41%

290 411 41.60%

EPS

52 61 16.34%

43 61 40.93%


37.6% 46.9% 9.2%

38.4% 46.9% 8.5%

Net Profit Margin

23.5% 28.0% 4.4%

21.2% 28.0% 6.7%

JPFA – PT Japfa Comfeed Indonesia released its 3m 2012 financial result:

JPFA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

3,788 4,032 6.44%

3,762 4,032 7.18%

Gross Profit

769 761 -0.95%

592 761 28.58%

Operating Profit

369 362 -1.95%

224 362 61.39%

Pretax Earnings

380 295 -22.46%

138 295 113.69%

Net Income

263 185 -29.53%

76 185 143.83%

EPS

127 89 -29.92%

37 89 141.85%

Gross Profit Margin

20.3% 18.9% -1.4%

15.7% 18.9% 3.1%


9.7% 9.0% -0.8%

6.0% 9.0% 3.0%

Net Profit Margin

6.9% 4.6% -2.3%

2.0% 4.6% 2.6%

CPIN – PT Charoen Pokphand Indonesia released its 3m 2012 financial result:

CPIN (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

4,380 4,894 11.73%

4,459 4,894 9.76%

Gross Profit

1,006 1,251 24.36%

937 1,251 33.55%

Operating Profit

811 1,030 26.97%

613 1,030 68.00%

Pretax Earnings

847 1,021 20.46%

520 1,021 96.26%

Net Income

653 784 19.98%

424 784 84.86%

EPS

40 48 20.00%

26 48 87.50%

Gross Profit Margin

23.0% 25.6% 2.6%

21.0% 25.6% 4.6%


18.5% 21.0% 2.5%

13.7% 21.0% 7.3%

Net Profit Margin

14.9% 16.0% 1.1%

9.5% 16.0% 6.5%


MNCN – PT Media Nusantara Citra released its 3m 2012 financial result:

MNCN (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,162 1,316 13.25%

1,478 1,316 -10.95%

Operating Profit

295 378 28.06%

305 378 23.73%

Pretax Earnings

318 474 48.99%

307 474 54.29%

Net Income

243 352 44.85%

221 352 59.69%

EPS

18 25 44.85%

16 25 59.69%


25.4% 28.7% 3.3%

20.7% 28.7% 8.1%

Net Profit Margin

20.9% 26.8% 5.8%

14.9% 26.8% 11.8%

TSPC – PT Tempo Scan Pacific released its 3m 2012 financial result:

TSPC (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,311 1,545 17.80%

1,551 1,545 -0.42%

Gross Profit

501 608 21.46%

518 608 17.44%

Operating Profit

207 241 16.17%

103 241 134.52%

Pretax Earnings

227 259 14.29%

109 259 137.68%

Net Income

192 222 15.47%

85 222 161.79%

EPS

43 49 13.95%

19 49 157.89%

Gross Profit Margin

38.2% 39.4% 1.2%

33.4% 39.4% 6.0%


15.8% 15.6% -0.2%

6.6% 15.6% 9.0%

Net Profit Margin

14.6% 14.3% -0.3%

5.5% 14.3% 8.9%

INTA – PT Intraco Penta released its 3m 2012 financial result:

INTA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

730 901 23.40%

931 901 -3.24%

Gross Profit

97 154 58.45%

207 154 -25.47%

Operating Profit

51 90 77.53%

134 90 -32.70%

Pretax Earnings

49 51 5.03%

72 51 -28.76%

Net Income

36 42 18.63%

42 42 0.45%

EPS

16 20 18.63%

19 20 0.45%

Gross Profit Margin

13.3% 17.1% 3.8%

22.2% 17.1% -5.1%


7.0% 10.0% 3.1%

14.4% 10.0% -4.4%

Net Profit Margin

4.9% 4.7% -0.2%

4.5% 4.7% 0.2%

MASA – PT Multistrada Arah Sarana announced its 1Q12 financial results:

MASA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

657 794 20.80%

785 794 1.17%

Gross Profit

131 154 18.05%

148 154 4.47%

Operating Profit

86 62 -28.09%

93 62 -34.06%

Pretax Earnings

85 24 -72.02%

10 24 139.81%

Net Income

66 17 -73.52%

7 17 136.50%

EPS

11 2 -82.41%

1 2 171.43%

Gross Profit Margin

19.9% 19.5% -0.5%

18.8% 19.5% 0.6%


13.0% 7.8% -5.3%

11.9% 7.8% -4.1%

Net Profit Margin

10.0% 2.2% -7.8%

0.9% 2.2% 1.3%


TBLA – PT Tunas Baru Lampung released its 3m 2012 financial result:

TBLA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

929 1,007 8.41%

768 1,007 31.08%

Gross Profit

360 305 -15.42%

204 305 49.41%

Operating Profit

183 171 -6.97%

120 171 42.45%

Pretax Earnings

212 143 -32.28%

58 143 148.91%

Net Income

163 111 -32.27%

51 111 116.44%

EPS

35 22 -35.65%

7 22 214.91%

Gross Profit Margin

38.8% 30.2% -8.5%

26.5% 30.2% 3.7%


19.7% 16.9% -2.8%

15.6% 16.9% 1.4%

Net Profit Margin

17.6% 11.0% -6.6%

6.7% 11.0% 4.3%

RMBA – PT Bentoel Internasional Investama released its 3m 2012 financial result:

RMBA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

2,233 2,232 -0.04%

2,937 2,232 -24.00%

Gross Profit

518 365 -29.53%

669 365 -45.44%

Operating Profit

185 14 -92.33%

63 14 -77.65%

Pretax Earnings

157 -38 -124.19%

7 -38 -675.84%

Net Income

112 -36 -131.86%

-12 -36 201.89%

EPS

15 -5 -131.84%

-2 -5 159.79%

Gross Profit Margin

23.2% 16.4% -6.8%

22.8% 16.4% -6.4%


8.3% 0.6% -7.6%

2.2% 0.6% -1.5%

Net Profit Margin

5.0% -1.6% -6.6%

-0.4% -1.6% -1.2%

TCID – PT Mandom Indonesia released its 3m 2012 financial result:

TCID (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

413 496 20.30%

445 496 11.51%

Gross Profit

159 173 9.09%

163 173 6.64%

Operating Profit

78 65 -17.59%

44 65 45.27%

Pretax Earnings

80 65 -18.53%

42 65 55.35%

Net Income

59 48 -19.17%

31 48 54.13%

EPS

295 239 -18.98%

155 239 54.19%

Gross Profit Margin

38.5% 34.9% -3.6%

36.5% 34.9% -1.6%


19.0% 13.0% -6.0%

10.0% 13.0% 3.0%

Net Profit Margin

14.4% 9.7% -4.7%

7.0% 9.7% 2.7%

GZCO – PT Gozco Plantation released its 3m 2012 financial result:

GZCO (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

95 84 -11.20%

136 84 -38.42%

Gross Profit

33 26 -21.11%

35 26 -26.29%

Operating Profit

24 15 -36.70%

7 15 106.02%

Pretax Earnings

49 34 -30.71%

37 34 -10.09%

Net Income

46 34 -26.38%

37 34 -8.92%

EPS

9 7 -26.40%

7 7 -8.89%

Gross Profit Margin

34.6% 30.8% -3.9%

25.7% 30.8% 5.1%


25.2% 18.0% -7.2%

5.4% 18.0% 12.6%

Net Profit Margin

48.2% 40.0% -8.2%

27.0% 40.0% 13.0%


BNII – PT Bank Internasional Indonesia released its 3m 2012 financial result:

BNII (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Net Interest Income

975.25 1,167.43 19.70%

1,058.77 1,167.43 10.30%

Non Interest Income

786.8 799.75 1.60%

736.97 799.75 8.50%

Other Operating Expense 1,607.89 1,638.42 1.90%

1,666.66 1,638.42 -1.70%

Operating Profit

154.16 328.77 113.30%

129.07 328.77 154.70%

Net Income Before Tax

215.88 379.5 75.80%

194.88 379.5 94.70%

Net Income

150.06 266.62 77.70%

114.94 266.62 132.00%

EPS (diluted)

2.67 4.74 77.50%

2.02 4.74 134.70%

Mar '11 Mar '12 YoY

Dec '11 Mar '12 QoQ

CAR (after Market Risk)

11.68% 12.71% 8.80%

11.83% 12.71% 7.40%

NIM

5.67% 5.51% -2.80%

5.22% 5.51% 5.60%

ROE

8.26% 14.40% 74.30%

9.16% 14.40% 57.20%

ROA

1.12% 1.57% 40.20%

1.13% 1.57% 38.90%

NPL (Gross)

2.57% 2.00% -22.20%

2.14% 2.00% -6.50%

NPL (Net)

1.40% 1.04% -25.70%

1.10% 1.04% -5.50%

LDR

93.75% 96.30% 2.70%

95.07% 96.30% 1.30%

HRUM – PT Harum Energy reported its 1Q12 financial reports:

HRUM (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,514 2,685 77.30%

2,196 2,685 22.27%

Gross Profit

629 872 38.71%

874 872 -0.16%

Operating Profit

502 625 24.45%

574 625 8.99%

Pretax Earnings

480 669 39.39%

630 669 6.21%

Net Income

309 424 37.17%

384 424 10.49%

EPS

114 157 37.17%

142 157 10.49%

Gross Profit Margin

41.5% 32.5% -9.0%

39.8% 32.5% -7.3%


33.2% 23.3% -9.9%

26.1% 23.3% -2.8%

Net Profit Margin

20.4% 15.8% -4.6%

17.5% 15.8% -1.7%

INCO – PT Vale Indonesia reported its 1Q12 financial reports:

INCO (USD mio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

322 197 -38.91%

237 197 -16.90%

Gross Profit

168 26 -84.44%

43 26 -39.21%

Operating Profit

161 23 -85.63%

39 23 -40.23%

Pretax Earnings

150 5 -96.44%

21 5 -74.10%

Net Income

112 4 -96.58%

14 4 -72.45%

EPS

0.011 0.000 -96.58%

0 0 -72.45%

Gross Profit Margin

52.0% 13.2% -38.8%

18.1% 13.2% -4.9%


50.0% 11.8% -38.2%

16.3% 11.8% -4.6%

Net Profit Margin

34.7% 1.9% -32.8%

5.9% 1.9% -3.9%


ANTM – PT Aneka Tambang reported its 1Q12 financial reports:

ANTM (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,991 2,464 23.75%

2,529 2,464 -2.56%

Gross Profit

626 557 -10.97%

448 557 24.38%

Operating Profit

470 353 -24.94%

80 353 341.45%

Pretax Earnings

466 487 4.58%

459 487 6.17%

Net Income

347 379 9.42%

370 379 2.52%

EPS

36 40 9.42%

39 40 2.52%

Gross Profit Margin

31.4% 22.6% -8.8%

17.7% 22.6% 4.9%


23.6% 14.3% -9.3%

3.2% 14.3% 11.2%

Net Profit Margin

17.4% 15.4% -2.0%

14.6% 15.4% 0.8%

TINS – PT Timah reported its 1Q12 financial reports:

TINS (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

2,249 2,173 -3.38%

1,933 2,173 12.39%

Gross Profit

644 453 -29.74%

311 453 45.48%

Operating Profit

473 315 -33.32%

152 315 108.07%

Pretax Earnings

472 297 -37.20%

86 297 243.08%

Net Income

355 208 -41.43%

37 208 462.03%

EPS

70 41 -41.43%

7 41 462.03%

Gross Profit Margin

28.7% 20.8% -7.8%

16.1% 20.8% 4.7%


21.0% 14.5% -6.5%

7.8% 14.5% 6.7%

Net Profit Margin

15.8% 9.6% -6.2%

1.9% 9.6% 7.6%

PGAS – PT Perusahaan Gas Negara reported its 1Q12 financial reports:

PGAS (USD mio) 3m 2011 3m 2012 YoY Q4 2011* Q1 2012 QoQ

Revenue

535 582 8.89%

596 582 -2.34%

Gross Profit

338 359 6.34%

328 359 9.65%

Operating Profit

257 276 7.67%

184 276 50.43%

Pretax Earnings

332 375 12.82%

205 375 82.46%

Net Income

242 276 13.91%

159 276 74.06%

EPS

0.010 0.011 13.91%

0.007 0.011 74.06%

Gross Profit Margin

63.2% 61.7% -1.5%

55.0% 61.7% 6.7%


48.0% 47.5% -0.5%

30.8% 47.5% 16.7%

Net Profit Margin

45.3% 47.4% 2.1%

26.6% 47.4% 20.8%

*USD 1 = IDR 9,000

TOTO – PT Surya Toto Indonesia announced its 1Q12 results:


ASRI – PT Alam Sutera Realty reported its 3m12 results:

ASRI (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

413 675 63.37%

357 675 88.92%

Gross Profit

213 414 94.44%

229 414 80.63%

Operating Profit

187 371 98.88%

202 371 84.01%

Pretax Earnings

180 378 109.97%

202 378 87.25%

Net Income

158 345 117.93%

187 345 84.31%

EPS

9 19 117.93%

10 19 84.31%

Gross Profit Margin

51.50% 61.30% 9.80%

64.10% 61.30% -2.80%


45.20% 55.10% 9.80%

56.50% 55.10% -1.50%

Net Profit Margin

38.40% 51.20% 12.80%

52.50% 51.20% -1.30%

BSDE – PT Bumi Serpong Damai reported its 3m12 results:

BSDE (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

621 800 28.85%

731 800 9.52%

Gross Profit

379 499 31.48%

454 499 9.90%

Operating Profit

202 260 28.43%

250 260 3.81%

Pretax Earnings

227 341 50.31%

326 341 4.51%

Net Income

162 265 63.98%

221 265 19.79%

EPS

9 15 63.98%

13 15 19.79%

Gross Profit Margin

61.10% 62.30% 1.20%

62.10% 62.30% 0.20%


32.60% 32.50% -0.10%

34.30% 32.50% -1.80%

Net Profit Margin

26.00% 33.10% 7.10%

30.30% 33.10% 2.80%

CTRA – PT Ciputra Development reported its 3m12 results:

CTRA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

378 552 46.09%

651 552 -15.25%

Gross Profit

174 280 61.08%

332 280 -15.76%

Operating Profit

63 158 151.86%

190 158 -16.89%

Pretax Earnings

84 164 94.61%

154 164 6.95%

Net Income

32 83 162.12%

95 83 -12.20%

EPS

2 5 162.12%

6 5 -12.20%

Gross Profit Margin

46.00% 50.70% 4.70%

51.00% 50.70% -0.30%


16.60% 28.70% 12.00%

29.20% 28.70% -0.60%

Net Profit Margin

8.40% 15.10% 6.70%

14.60% 15.10% 0.50%

CTRP – PT Ciputra Property reported its 3m12 results:

CTRP (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

98 179 82.39%

115 179 54.95%

Gross Profit

58 111 91.57%

88 111 26.64%

Operating Profit

28 79 184.74%

29 79 175.83%

Pretax Earnings

40 90 125.51%

50 90 80.46%

Net Income

30 73 143.32%

50 73 45.54%

EPS

5 12 143.32%

8 12 45.54%

Gross Profit Margin

59.40% 62.30% 3.00%

76.30% 62.30% -13.90%


28.20% 44.00% 15.80%

24.70% 44.00% 19.30%

Net Profit Margin

30.50% 40.70% 10.20%

43.30% 40.70% -2.60%


CTRS – PT Ciputra Surya reported its 3m12 results:

CTRS (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

151 212 40.23%

180 212 17.86%

Gross Profit

67 101 51.12%

100 101 1.58%

Operating Profit

38 76 99.94%

59 76 28.37%

Pretax Earnings

40 64 59.01%

24 64 169.62%

Net Income

29 53 80.00%

11 53 384.78%

EPS

15 27 80.00%

5 27 384.78%

Gross Profit Margin

44.50% 47.90% 3.50%

55.60% 47.90% -7.70%


25.30% 36.00% 10.80%

33.10% 36.00% 2.90%

Net Profit Margin

19.40% 24.90% 5.50%

6.00% 24.90% 18.80%

SMRA – PT Summarecon Agung reported its 3m12 results:

SMRA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

399 814 103.87%

772 814 5.45%

Gross Profit

182 358 97.27%

306 358 16.95%

Operating Profit

91 210 130.68%

181 210 16.10%

Pretax Earnings

83 197 137.95%

171 197 15.36%

Net Income

58 150 156.96%

134 150 12.09%

EPS

8 22 156.96%

19 22 12.09%

Gross Profit Margin

45.50% 44.00% -1.50%

39.70% 44.00% 4.30%


22.80% 25.80% 3.00%

23.50% 25.80% 2.40%

Net Profit Margin

14.60% 18.40% 3.80%

17.30% 18.40% 1.10%

JRPT – PT Jaya Real Property reported its 3m12 results:

JRPT (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

196 235 19.84%

280 235 -16.30%

Gross Profit

106 116 8.49%

166 116 -30.36%

Operating Profit

74 73 -1.76%

118 73 -38.18%

Pretax Earnings

84 89 6.20%

143 89 -37.59%

Net Income

75 77 2.99%

125 77 -38.19%

EPS

27 28 2.99%

46 28 -38.19%

Gross Profit Margin

54.40% 49.20% -5.10%

59.10% 49.20% -9.90%


37.80% 31.00% -6.80%

41.90% 31.00% -11.00%

Net Profit Margin

38.40% 33.00% -5.40%

44.70% 33.00% -11.70%

BKSL – PT Sentul City reported its 3m12 results:

BKSL (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

95 156 64.25%

168 156 -7.42%

Gross Profit

59 96 61.93%

78 96 23.55%

Operating Profit

42 75 80.05%

51 75 48.51%

Pretax Earnings

41 78 89.92%

24 78 226.09%

Net Income

37 71 91.59%

16 71 354.43%

EPS

1 2 91.59%

0 2 354.43%

Gross Profit Margin

62.40% 61.50% -0.90%

46.10% 61.50% 15.40%


43.90% 48.10% 4.20%

30.00% 48.10% 18.10%

Net Profit Margin

38.80% 45.30% 6.50%

9.20% 45.30% 36.10%


KIJA – PT Kawasan Industri Jababeka reported its 3m12 results:

KIJA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

188 252 34.11%

545 252 -53.70%

Gross Profit

81 125 53.61%

259 125 -51.73%

Operating Profit

37 87 133.17%

218 87 -60.34%

Pretax Earnings

37 60 65.23%

206 60 -70.71%

Net Income

25 53 112.31%

202 53 -73.95%

EPS

1 3 112.31%

10 3 -73.95%

Gross Profit Margin

43.20% 49.40% 6.30%

47.40% 49.40% 2.00%


19.70% 34.30% 14.60%

40.10% 34.30% -5.70%

Net Profit Margin

13.20% 20.80% 7.70%

37.00% 20.80% -16.20%

ELTY – PT Bakrieland Development reported its 3m12 results:

ELTY (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

425 401 -5.71%

568 401 -29.41%

Gross Profit

196 186 -5.18%

362 186 -48.66%

Operating Profit

83 21 -74.39%

30 21 -30.38%

Pretax Earnings

57 -66

-89 -66

Net Income

15 -50

-35 -50

EPS

0 -1

-1 -1

Gross Profit Margin

46.10% 46.30% 0.30%

63.70% 46.30% -17.40%


19.40% 5.30% -14.20%

5.40% 5.30% -0.10%

Net Profit Margin

3.60% -12.40% -16.10%

-6.10% -12.40% -6.30%

WIKA – PT Wijaya Karya reported its 3m12 results:

WIKA (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,541 1,749 13.50%

2,299 1,749 -23.93%

Gross Profit

150 194 29.30%

328 194 -40.81%

Operating Profit

107 150 40.32%

268 150 -44.01%

Pretax Earnings

124 158 27.44%

268 158 -40.93%

Net Income

86 95 10.65%

139 95 -31.83%

EPS

14 16 10.65%

23 16 -31.83%

Gross Profit Margin

9.80% 11.10% 1.40%

14.30% 11.10% -3.20%


6.90% 8.60% 1.60%

11.70% 8.60% -3.10%

Net Profit Margin

5.60% 5.40% -0.10%

6.10% 5.40% -0.60%

APLN – PT Agung Podomoro Land reported its 3m12 results:

APLN (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

1,939 3,824 97.25%

1,153 3,824 231.67%

Gross Profit

612 1,408 130.22%

357 1,408 294.63%

Operating Profit

297 831 179.30%

197 831 321.82%

Pretax Earnings

382 888 132.23%

225 888 294.98%

Net Income

241 581 140.98%

236 581 146.11%

EPS

12 28 140.98%

12 28 146.11%

Gross Profit Margin

31.50% 36.80% 5.30%

30.90% 36.80% 5.90%


15.30% 21.70% 6.40%

17.10% 21.70% 4.60%

Net Profit Margin

12.40% 15.20% 2.80%

20.50% 15.20% -5.30%


LPCK – PT Lippo Cikarang reported its 3m12 results:

LPCK (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

130 254 95.69%

291 254 -12.78%

Gross Profit

53 122 129.85%

148 122 -17.05%

Operating Profit

41 102 150.73%

122 102 -16.25%

Pretax Earnings

37 103 180.46%

123 103 -16.53%

Net Income

30 90 195.04%

110 90 -18.07%

EPS

16 49 195.04%

59 49 -18.07%

Gross Profit Margin

41.00% 48.20% 7.20%

50.70% 48.20% -2.50%


31.40% 40.30% 8.80%

41.90% 40.30% -1.70%

Net Profit Margin

23.50% 35.40% 11.90%

37.70% 35.40% -2.30%

PWON – PT Pakuwon Jati reported its 3m12 results:

PWON (IDR bio) 3m 2011 3m 2012 YoY Q4 2011 Q1 2012 QoQ

Revenue

350 494 41.26%

536 494 -7.77%

Gross Profit

178 276 55.21%

277 276 -0.42%

Operating Profit

153 239 56.19%

235 239 1.77%

Pretax Earnings

147 204 38.92%

176 204 16.04%

Net Income

115 170 48.68%

139 170 22.67%

EPS

10 14 48.68%

12 14 22.67%

Gross Profit Margin

50.90% 55.90% 5.00%

51.80% 55.90% 4.10%


43.70% 48.40% 4.60%

43.80% 48.40% 4.50%

Net Profit Margin

32.80% 34.50% 1.70%

25.90% 34.50% 8.60%

MAIN – PT Malindo Feedmill announced its 1Q12 results:

KAEF – PT Kimia Farma announced its 1Q12 results:

Disclaimer

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DAILY UPDATE May 1, 2012 - panin-am.co.id · CORPORATE NEWS - cont’d INTP – PT Indocement...

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