DOCSLIB.ORG

Astramagz-Agustus-2018.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Astramagz-Agustus-2018.Pdf Edisi 8 Agustus 2018 Semangat Nasionalisme Insan Astra pada Hari Kemerdekaan | Partisipasi Aktif Grup Astra pada GIIAS 2018 | Seminar Ekonomi Makro 2018 | SEMANGAT ASTRA, SEMANGAT INDONESIA! For You ** DAFTAR ISI SENARAI Semangat Astra, Semangat Indonesia Gelorakan Asian Games 2018 Edisi 8 | Agustus 2018 Asian Games yang pada 12 tahun ini menginjak pelaksanaan ke-18 menjadi momentum bersejarah Semangat Nasionalisme dan penting bagi bangsa Insan Astra Indonesia. Setelah 56 pada Hari Kemerdekaan tahun berlalu, Indonesia kembali didapuk sebagai penyelenggara pergelaran akbar olahraga se-Asia 18 ini. PT Astra International Tbk mendukung penuh Asian Games 2018 dengan menjadi salah satu Partisipasi Aktif Grup Astra Official Prestige Partner. pada GIIAS 2018 28 RAGAM 03 Analyst Gathering: Tren Positif pada Semester Pertama 2018 SAMPUL DEPAN EKSKLUSIF 32 Astra Gema Islami 2018: Festival Persaudaraan Muslim Grup Astra PROFIL KARYAWAN 38 Direktur Engineering, CISTProduction PT United Tractors& Pandu Engineering PROFIL PERUSAHAAN 40 PT Samadista Karya JALAN-JALAN 49 Boven Digoel Tembang Orang-orang yang Terbuang REHAT 50 Kenali dan Hindari E-mail Phising Edisi 8 | Agustus 2018 1 DARI REDAKSI Asian Games yang pada tahun ini menginjak pelaksanaan ke-18 menjadi momentum bersejarah dan penting bagi bangsa Indonesia. Setelah 56 tahun berlalu, Indonesia kembali didapuk sebagai penyelenggara pergelaran akbar olahraga se-Asia ini. PT Astra International Tbk mendukung penuh Asian Games 2018 dengan menjadi salah satu Official Prestige Partner. Astra Magz kembali hadir dengan serangkaian Republik Indonesia, partisipasi Grup Astra pada berita menarik yang sayang untuk dilewatkan. GIIAS 2018 yang mana Astra Financial menjadi Edisi Agustus 2018 dibuka dengan rangkaian sponsor utamanya, dan pelaksanaan Astra Gema berita menarik yang kami rangkum di Rubrik Islami 2018. Ragam. Simak informasi teranyar seputar Grup Astra, di antaranya Analyst Gathering semester Pada edisi kali ini, kami juga menampilkan sosok pertama 2018, Toyota yang mendukung yang inspiratif: Direktur Engineering, Production & riset kendaraan elektrifikasi, DaihatsuCIST yang PT United Tractors Pandu Engineering Arinto menyerahkan unit rekondisi Daihatsu Setia 2018 Danardono. Sementara untuk Profil Perusahaan, di Samarinda, dan FIFGROUP yang menggelar kami suguhkan informasi mengenai PT Samadista silaturahmi di Banda Aceh. Karya yang bergerak di bisnis properti. Pada Rubrik Utama, kami bawa Anda merasakan Selain beragam berita di atas, jangan lewatkan kemeriahan pelaksanaan Asian Games 2018 yang juga berita-berita menarik lainnya yang kami berlangsung di Jakarta dan Palembang. Dengan rangkum dalam Rubrik Human Capital, Serba- Semangat Astra Terpadu Untuk Indonesia Serbi Yayasan (SSY), Inspirasi, KBA yang (SATU Indonesia), PT Astra International Tbk menyajikan berita-berita seputar Kampung menyambut pelaksanaan Asian Games 2018 Berseri Astra, Lingsos, Solusi, Jalan-jalan, dengan menjadi salah satu Official Prestige Rehat, dan Ulasan. Ikuti pula Quiz serta Opini Partner. yang tersaji di setiap terbitan Astra Magz untuk mendapatkan hadiah menarik dari Tim Redaksi. Memasuki Rubrik Eksklusif, kami memiliki serangkaian berita menarik, yaitu kemeriahan Akhir kata, selamat membaca Astra Magz edisi rangkaian peringatan Hari Ulang Tahun ke-73 Agustus 2018. EDITORIAL Koresponden Astra Magz Arief Wijaya Junor, Elvani Harifaningsih (TAM), Dhimas Edisi 8 | Agustus 2018 Iman Pratama (ADM), Raras (DSO), Cynthia (IAMI), Lely Fachrul Ilmi (ISO), Adi Hartanta (BSO), Mizwar Astra Magz adalah majalah internal Grup Astra Ilmi (PSO), Angga (AHM), Shahril Koto (Astra Motor), yang berfungsi sebagai media komunikasi seluruh Penasihat Safira Selviana Yusko (AOP), Henny (AstraWorld), A. karyawan, dalam upaya meningkatkan produktivitas Prijono Sugiarto Zarkasih (Denso), Arif Reza (FIFGROUP), Ni Made dan efektivitas kerja, serta rasa memiliki perusahaan Pemimpin Umum Wahyuni (ACC), Iwan L. Pranoto (Asuransi Astra), (sense of belonging) dan rasa kekeluargaan dalam Pongki Pamungkas Siska W. Andayani (PermataBank), Ornella Elizabeth grup (sense of group). Diberikan secara cuma-cuma Penanggung Jawab & Pemimpin Redaksi (UT), P. Budi U. (PAMA), Tofan Mahdi, Fenny Sofyan kepada karyawan Astra & anak-anak perusahaannya Boy Kelana Soebroto (AAL), Astri (SERA), Nur Indah Permanasari (MMS), dan dilarang diperjualbelikan. Semua tulisan yang Wakil Pemimpin Redaksi Anastasia Resinta (AG), Melinda Pudjo (AGDS), Mita dimuat di dalam majalah dilarang untuk dikutip Wisnu Wijaya Jasmine (AGIT), Marcella Metta (AXI), Tjut Aliffah tanpa izin khusus dari Redaksi. Redaktur Eksekutif (AMV), Agustin (YDBA), Cahya (YPA-MDR). Surat Tanda Terdaftar No. 080/SK/DITJEN PPG/ Karnanda Kurniardhi STT/1976, tanggal 29 April 1976 dan SK No. 603/K/ Redaktur Pelaksana DITJEN PPG/1987 tanggal 24 Juli 1987 tentang Regina Panontongan, Elmeirillia Lonna, Alamat Redaksi Astra Magz: Perubahan Pengurus Majalah Astra. Edwina Tjahja Corporate Communications Division Surat Ijin Cetak: No. SKEP/32-PK/IC/Kh/VII/1976 Staf Redaksi Kantor Pusat PT Astra International Tbk Deddy Pradityo Opficon, Elyana Kulsum, Jl. Gaya Motor Raya no. 8 Ruth Davina, M. Ilham Abdillah, Mulawarman, Sunter II, Jakarta 14330 Penerbit Agrie Pratama Jakaria, Metha Regina, Telp. : 652 2555 Suwartiningsih, Yudha Prasetya, Hazrina Damitta, Faks. : 6530 4957 Dwi Permana Putra e-mail : [email protected] 2 Edisi 8 | Agustus 2018 RAGAM BERITA ANALYST GATHERING: TREN POSITIF PADA SEMESTER PERTAMA 2018 ecara keseluruhan, hasil kinerja dan perkembangan bisnis PT Astra S International Tbk pada semester pertama 2018 menunjukkan tren yang positif. Hal ini disampaikan oleh Presiden Direktur PT Astra International Tbk Prijono Sugiarto dalam pertemuan Analyst Gathering–First Half 2018 Results di Kantor Pusat PT Astra International Tbk, Jakarta, 31 Juli 2018. Acara yang digelar secara rutin oleh Corporate Investor Relations PT Astra International Tbk ini merupakan kesempatan bagi Astra untuk memaparkan hasil kinerja selama semester pertama tahun 2018 dan prospek bisnis Astra ke depan kepada para undangan yang terdiri dari bankers, analysts, serta fund managers. Direksi PT Astra International Tbk yang didampingi oleh Tira Ardianti menghadiri Analyst Gathering First Half 2108 Result. PENINGKATAN PENDAPATAN LABA BERSIH kerugian awal dari beroperasinya jalan tol Dalam kesempatan ini, Head of Corporate Cikopo-Palimanan yang diakuisisi pada Investor Relations Tira Ardianti menjelaskan semester pertama tahun 2017 dan baru tentang pertumbuhan bisnis PT Astra beroperasinya tol Semarang-Solo. Sementara International Tbk sepanjang semester pertama itu, segmen teknologi informasi yang dikelola 2018. Hasil yang menggembirakan ini terutama oleh PT Astra Graphia Tbk berhasil mencatat disebabkan oleh kenaikan kontribusi dari lini kenaikan laba bersih sebesar 24% menjadi bisnis alat berat, pertambangan, konstruksi, Rp 68 miliar, dan lini bisnis terakhir, segmen dan energi, dimana PT United Tractorsproperti, mencatatkan penurunan laba bersih Tbk yang menaungi lini bisnis tersebut menjadi Rp 48 miliar dibandingkan Rp 68 miliar mencatatkan kenaikan laba bersih sebesarpada tahun sebelumnya. Rp 5,5 triliun, atau naik 60% dibandingkan Secara konsolidasi, pendapatan dan laba semester pertama tahun lalu. Harga batu bara bersih Astra pada semester pertama 2018 ini yang stabil memberikan keuntungan tersendiri mengalami peningkatan dibanding semester bagi PT United Tractors Tbk yang mana bisnis pertama 2017 dengan perolehan pendapatan utamanya bergerak di bidang alat berat dan bersih sebesar Rp 112,6 triliun (naik 15%) dan pertambangan. laba bersih sebesar Rp 10,4 triliun (naik 11%). Tira mengungkapkan bahwa pada segmen otomotif, pangsa pasar kendaraan roda dua mampu mempertahankan posisi pangsa pasar sebesar 74%, tapi tekanan kompetisi pada pasar roda empat mengakibatkan penurunan pangsa pasar roda empat Astra dari 56% menjadi 48%. Sementara itu, lini bisnis jasa keuangan menunjukkan tren yang positif dengan kenaikan laba bersih sebesar 5% menjadi Rp 2,1 triliun akibat meningkatnya kontribusi dari bisnis pembiayaan konsumen otomotif. Turunnya harga Crude Palm Oil (CPO) telah memengaruhi kinerja bisnis PT Astra Agro Lestari Tbk, sehingga laba bersih dari segmen agrobisnis turun 23% menjadi Rp 625 miliar. Selanjutnya, lini bisnis infrastruktur dan logistik mencatatkan penurunan laba bersih Suasana Analyst Gathering First Half 2018 Result yang mengundang bankers, analysts, dan menjadi Rp 4 miliar yang disebabkan adanya fund managers. Edisi 8 | Agustus 2018 3 RAGAM BERITA TOYOTA DUKUNG RISET KENDARAAN ELEKTRIFIKASI oyota Indonesia melalui PT Toyota Motor Manufacturing Indonesia T (TMMIN) dan PT Toyota Astra Motor (TAM) bersama enam universitas di Indonesia mengadakan seremoni kick-off kegiatan Penelitian dan Studi Komprehensif Kendaraan Elektrifikasi di Gedung Kementerian Perindustrian Republik Indonesia, 4 Juli 2018. Seremoni kick-off dihadiri di antaranya oleh Menteri Perindustrian RI Airlangga Hartarto, Direktur Jenderal Penguatan Riset dan Pengembangan Kementerian Riset, Teknologi, dan Airlangga Hartarto menerima kunci mobil elektrifikasi Toyota secara simbolis dari President Director TMMIN Warih Andang Tjahjono dan President Director PT Toyota Astra Motor (TAM) Yoshihiro Nakata, pada cara Pendidikan Tinggi RI Dr. Muhammad kick-offPenelitian dan Studi Komprehensif Kendaraan Elektrifikasi. Dimyati, serta Direksi dan Manajemen Toyota Indonesia. yang terdiri dari enam unit Toyota Prius, Toyota Indonesia juga membangun
Load more

Recommended publications
  • Annual Report 2018 Laporan Tahunan 2018
    Inovasi dan Digitalisasi: Menciptakan Nilai untuk Tumbuh Secara Berkelanjutan Innovation and Digitalization: Creating Value to Sustain Growth PT Astra International Tbk Laporan Tahunan 2018 Annual Report Laporan Tahunan 2018 Annual Report Innovation and Digitalization: Creating Value to Sustain Growth Amidst challenges in the economy and business throughout 2018, Astra Group maintained the sustainability of its business by continuing to build its capabilities focusing on four core areas: continuous innovation, developing globally oriented employees, being an agile organization, and being a partner of choice. Also, in the face of massive, rapid and unpredictable changes in the business landscape, Astra Group has stepped-up its digitalization initiatives to drive more effective business processes, optimize market penetration capability, and introduce various innovations and new services on digital platforms. By building digital capabilities while continuing to encourage the creation of added value for its customers, employees, business partners, shareholders and the people of Indonesia, Astra Group moves forward in its strategic journey towards the Pride of the Nation. Laporan Tahunan 2018 Annual Report ASTRA 1 Highlights Management Reports Company Profile Human Capital Management Discussion and Analysis Corporate Governance Corporate Social Responsibility Consolidated Financial Statements 2018 Inovasi dan Digitalisasi: Menciptakan Nilai untuk Tumbuh Secara Berkelanjutan Di tengah berbagai tantangan perekonomian dan bisnis sepanjang tahun
    [Show full text]
  • State-Owned Enterprise Governance and Privatization Program
    Completion Report Project Number: 32517 Loan Number: 1866 November 2008 Indonesia: State-Owned Enterprise Governance and Privatization Program CURRENCY EQUIVALENTS Currency Unit – rupiah (Rp) At Appraisal At Program Completion (28 February 2000) (7 October 2005) Rp1.00 = $0.000137 $0.000097 $1.00 = Rp7,305 Rp10,305 ABBREVIATIONS ADB – Asian Development Bank MOF – Ministry of Finance MSOE – Ministry of State-Owned Enterprises OECD – Organisation for Economic Co-operation and Development PPP – public-private partnership PSO – public service obligation SCI – statement of corporate intent SOE – state-owned enterprise TA – technical assistance NOTES (i) The fiscal year (FY) of the Government ends on 31 December. “FY” before a calendar year denotes the year in which the fiscal year ends. (ii) In this report, “$” refers to US dollars. Vice President C. Lawrence Greenwood, Jr., Operations Group 2 Director General A. Thapan, Southeast Asia Department (SERD) Director J. Ahmed, Governance, Finance, and Trade Division, SERD Team leader K.-P. Kriegsmann, Senior Financial Sector Specialist, SERD CONTENTS Page BASIC DATA i I. PROGRAM DESCRIPTION 1 II. EVALUATION OF DESIGN AND IMPLEMENTATION 2 A. Relevance of Design and Formulation 2 B. Program Outputs 3 C. Program Costs and Disbursements 10 D. Program Schedule 10 E. Implementation Arrangements 10 F. Conditions and Covenants 11 G. Related Technical Assistance 11 H. Consultant Recruitment and Procurement 12 I. Performance of Consultants, Contractors, and Suppliers 12 J. Performance of the Borrower and the Executing Agency 12 K. Performance of the Asian Development Bank 12 III. EVALUATION OF PERFORMANCE 13 A. Relevance 13 B. Effectiveness in Achieving Outcome 13 C. Efficiency in Achieving Outcome and Outputs 14 D.
    [Show full text]
  • Memberdayakan Keunggulan Internal Building up Our Natural Capabilities Building up Our Natural Capabilities
    Laporan Tahunan Annual Report 2017 MEMBERDAYAKAN KEUNGGULAN INTERNAL BUILDING UP OUR NATURAL CAPABILITIES BUILDING UP OUR NATURAL CAPABILITIES The year 2017 is an important milestone as Astra commemorated the 60th year anniversary since it was first established in 1957. In Astra’s six decades of journey to aspire to “Prosper with the Nation”, Astra has transformed to become an Indonesian group company with more than 210,000 employees spread across more than 200 companies throughout Indonesia. Amid the various business challenges in 2017, Astra made breakthroughs by focusing on building our natural capabilities, such as our technical and non-technical competencies, solid company culture, established management system, wide network, strong customers’ trust and high value of Astra brand. The result was Astra generated outstanding operational and business performance in 2017. With this, Astra continue its course to reach its 2020 Goal, to be “Pride of the Nation”. 1 MEMBERDAYAKAN KEUNGGULAN INTERNAL Tahun 2017 merupakan tonggak penting perjalanan Astra yang telah mencapai usia 60 tahun sejak didirikan pada tahun 1957. Dalam perjalanan enam dasawarsa Astra dalam menginspirasi negeri sekaligus mewujudkan cita-cita “Sejahtera Bersama Bangsa”, Astra telah bertransformasi menjadi satu grup perusahaan di Indonesia yang menaungi lebih dari 210.000 karyawan yang tersebar di lebih dari 200 perusahaan di seluruh tanah air. Dalam menghadapi berbagai tantangan bisnis sepanjang tahun 2017, Astra melakukan terobosan-terobosan yang memfokuskan pada pendayagunaan kapabilitas internal berupa kompetensi teknikal dan non-teknikal yang mumpuni, budaya organisasi yang kokoh, sistem manajemen yang mapan, jaringan yang luas, kepercayaan pelanggan yang kuat dan brand value Astra yang tinggi. Hasilnya, Astra meraih kinerja operasional dan bisnis yang menggembirakan di tahun 2017.
    [Show full text]
  • MNCS Compendium / III / September 2018 1
    MNCS Compendium / III / September 2018 1 MNCS Compendium / III / September 2018 2 MNCS Compendium / III / September 2018 Contents 04 Kata Sambutan Direktur Utama Analisis Emiten MNC Group MNC Sekuritas 06 Analisis Makroekonomi 55 PT Adaro Energy Tbk 71 MNC College Wisnu Wardana 57 PT Astra International Tbk 99 PT MNC Land Tbk 10 Investment Strategy 59 PT Bank Central Asia Tbk 61 PT Bank Tabungan Negara Tbk 13 Bond Market Update 63 PT XL Axiata Tbk Appendixes 65 PT Gudang Garam Tbk 17 SGX Indonesia Equity Futures 67 PT Indofood CBP Sukses Makmur Tbk 103 MNCS Stock Universe 69 PT Japfa Comfeed Indonesia Tbk 104 Data Obligasi 75 PT Arwana Citramulia Tbk 105 Heat Map dan Nilai Tukar Analisis Sektoral 77 PT Blue Bird Tbk 106 Kalender Ekonomi 80 PT GMF Aero Asia Tbk 21 Sektor Consumer 107 Special Thanks 83 PT Buyung Poetra Sembada Tbk 24 Sektor Telecommunication 85 PT Hartadinata Abadi Tbk 27 Sektor Metal Mining 87 PT London Sumatra Indonesia Tbk 30 Sektor Automotive 89 PT Industri Jamu dan Farmasi 35 Sektor Banking Sidomuncul Tbk 38 Sektor Coal Mining 91 PT Waskita Beton Precast Tbk 41 Sektor Plantation 44 Sektor Construction 47 Sektor Cement 50 Sektor Property 53 HARA - Empowering Billions 94 Expert Talks Session Daniel Nainggolan 73 Expert Talks Session 97 Tips & Tricks from Investment Figure 102 Learn from Millenials Adrianto Djokosoetono Sukarto Bujung LastDay Production 3 MNCS Compendium / III / September 2018 Sambutan Direktur Utama MNCS Compendium Para nasabah MNC Sekuritas yang terhormat, Tidak terasa tahun 2018 akan segera berlalu. Semangat nasionalisme terasa semakin kental setelah Indonesia sukses menjadi tuan rumah dalam kompetisi olahraga Asian Games 2018.
    [Show full text]
  • Astra International (ASII IJ) Maintain Steadily Improving
    Equity Research Company Update Thursday,13 August 2020 BUY Astra International (ASII IJ) Maintain Steadily improving Last price (IDR) 5,400 From the recent virtual meeting, Astra Int’l (ASII) is preparing to further raise Target Price (IDR) 6,700 its automotive production by operating two shifts in August 2020 while remaining cautious given the uncertainty surrounding the Covid-19 Upside/Downside +24.1% pandemic. As such, we expect a steady improvement in car sales in the Previous Target Price (IDR) 5,600 coming months of 2020. Maintain BUY with a higher TP of IDR6,700 (SOTP valuation) as we roll over our valuation to 2021 and fine tune our forecasts. Stock Statistics Sector Automotive Preparing to operate two shifts for automotive manufacturing. After the relaxation of large-scale social distancing restrictions (PSBB) in June 2020, the Bloomberg Ticker ASII IJ company resumed its manufacturing facilities (at a slow pace and with low No of Shrs (mn) 40,484 capacity) and its dealerships. While Astra remains cautious amid uncertainty Mkt. Cap (IDRbn/USDmn) 218,611/14,811 in regard to the Covid-19 pandemic denting purchasing power, the company is preparing to operate two shifts for automotive production in August 2020 Avg. daily T/O (IDRbn/USDmn) 244.6/16.6 given hopes of a steady recovery in car demand and in anticipation of the Major shareholders (%) depletion of car stocks at dealers. Astra indicated healthy car inventory for the month of August 2020. Jardine Cycle & Carriage 50.1 Covid-19 hit consumer behavior in regard to auto purchases. The Covid-19 Estimated free float 49.9 pandemic has affected consumer behavior in regard to auto purchases, especially first-time buyers.
    [Show full text]
  • ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 a Bimonthly Newsletter of Developments in the Auto and Auto Components Markets
    BDA Business Development Asia ASIA IS A BUSINESS IMPERATIVE NOW MORE THAN EVER ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 A bimonthly newsletter of developments in the auto and auto components markets CONTENTS CHINA/HK INTRODUCTION .............................................. 1 Ami Doduco, a unit of Technitrol Company of CHINA / HONG KONG ................................. 1 the US and a global leader in electrical contacts, has INDIA ..................................................................... 2 agreed to acquire Tianjin Electrical Metal Works INDONESIA ........................................................ 2 (TEM), an electrical contacts business based in JAPAN ..................................................................... 3 Tianjin, from Tianjin XinHao Investment Devel- KOREA ................................................................... 3 opment Company. Ami Doduco has established a MALAYSIA ............................................................ 4 wholly-owned enterprise in Tianjin City and obtained SINGAPORE ........................................................ 5 all approvals necessary to manufacture and sell sil- THAILAND .......................................................... 5 ver-based electrical contact products used in the ap- VIETNAM ............................................................. 5 pliance, automotive and construction industries. (No- FOCUS: Fast Fit Market in Asia ....................... 6 vember 10, 1999) Daewoo Motor Co has opened three car component JV plants
    [Show full text]
  • Vanguard FTSE International Index Funds Annual
    Annual Report | October 31, 2020 Vanguard FTSE International Index Funds Vanguard FTSE All-World ex-US Index Fund Vanguard FTSE All-World ex-US Small-Cap Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com.
    [Show full text]
  • Indonesia Auto
    Indonesia Sector Update 17 January 2020 Consumer Cyclical | Auto & Autoparts Indonesia Auto Neutral (Maintained) Stocks Covered 2 ASII’s Dec-19 Share Lowest In Last Six Months Ratings (Buy/Neutral/Sell): 1 / 1 / 0 Last 12m Earnings Neutral Revision Trend: Stay NEUTRAL. Dec 2019 4-wheeler (4W) national wholesales declined to Pecking Order Target Price 86.6k units (-4.6% MoM, -1.4% YoY), bringing FY19 wholesales to 1,026k Astra Otoparts (AUTO IJ) – BUY IDR2,100 units (-10.9% YoY). Astra International’s Dec 2019 market share declined to Astra International (ASII IJ) – NEUTRAL IDR6,700 47.4% (Nov 2019: 52.7%), the lowest in the past six months. Meanwhile, Mitsubishi and other small automotive brands’ market shares picked up. Key Analyst downside risk: Tougher competition in MPVs and SUVs. Key upside risk: Easier financing (from declining interest rates), which boosts auto sales. Andrey Wijaya +6221 5093 9846 Lower December 4W wholesales. FY19 4W domestic wholesales closed at [email protected] 1,026k units (-10.9% YoY, 2018: 1,151k units). Although the decline in sales persisted throughout the year, the result notched above Gaikindo’s revised target of 1,000k units (initial target was at 1,150k units). Dec 2019 4W national wholesales declined to 87,534 units (-4.6% MoM, -1.4% YoY). ASII’s market share declined to 47.4%, the lowest in last six months. This softening was mostly attributed to Daihatsu, whose market share narrowed to ASII’s market share 12.5% in Dec 2019 (Nov 2019: 17.5%). Toyota, ASII’s biggest contributor to Astra's market share (LHS) sales, saw its market share drop to 31.7% in Dec 2019 (Nov 2019: 32.0%).
    [Show full text]
  • Michael Malley
    T he 7th D evelopment Cabinet: Loyal to a Fault? Michael Malley Five years ago, amid speculation that B. J. Habibie and his allies in the Association of Indonesian Muslim Intellectuals (ICMI) would gain a large number of seats in the cabinet, State Secretary Moerdiono announced that "expertise" would be Soeharto's chief criterion for choosing ministers. This year, despite the economic crisis that enveloped the country, few people even thought to suggest that Soeharto sought the most technically qualified assistants. As the outgoing cabinet's term wore to a close, the jockeying for influence among ministers and their would-be successors emphasized the most important qualification of any who would join the new cabinet: loyalty. As if to diminish any surprise at the lengths he would go to create a cabinet of loyalists, Soeharto fired his central bank chief, Soedradjad Djiwandono, in mid- February, just two weeks before the 6 ^ Development Cabinet's term expired. Together with the finance minister, Mar'ie Muhammad, Soedradjad had worked closely with the International Monetary Fund to reach the reform-for-aid agreements Soeharto signed in October 1997 and January this year. Their support for reforms that would strike directly at palace-linked business interests seems to have upset the president, and neither were expected to retain their posts in the 7 ^ Cabinet. But Soedradjad made the further mistake of opposing the introduction of a currency board system to fix the rupiah's value to that of the US dollar. The scheme's main Indonesian proponents were Fuad Bawazier, one of Mar'ie's subordinates, and Peter Gontha, the principal business adviser to Soeharto's son Bambang Trihatmodjo.
    [Show full text]
  • Sustainability Report 2018 Laporan Keberlanjutan
    2018 Sustainability ReportSustainability Laporan Keberlanjutan Laporan Keberlanjutan 2018 Berkontribusi dan Sustainability Report Menginspirasi: Berkontribusi dan Menginspirasi: dan Menginspirasi: Berkontribusi Berkontribusi dan and Inspiring: Contributing Menuju Pembangunan Menginspirasi: Berkelanjutan Menuju Pembangunan Berkelanjutan Contributing and Inspiring: Towards Sustainable Development Contributing and Inspiring: Sustainable Development Towards Menuju Pembangunan Berkelanjutan Menuju Pembangunan Towards Sustainable Development PT Astra International Tbk Laporan Keberlanjutan 2018 Sustainability Report PT Astra International Tbk Jl. Gaya Motor Raya No. 8 Sunter II, Jakarta 14330 Indonesia Tel: (62-21) 5084 3888 www.astra.co.id Laporan Keberlanjutan 2018 Sustainability Report Contributing and Inspiring: Towards Sustainable Development Astra purpose is to give an essence to the society by providing innovative products and services. Astra aims to develop society and preserve natural environment in order to increase the wellbeing of the people. Through the Public Contribution Roadmap, Astra contributes in the mission to achieve the Sustainable Development Goals (SDGs) by implementing 4 pilars of CSR (Health, Education, Environment, Enterpreneurship). Astra has also consistently share inspirations throughout Indonesia to motivate the people. This is because Astra believes that any goals would be beneficial for all when it is pursued within the same effort. Laporan Keberlanjutan 2018 Sustainability Report ASTRA 1 Introduction Portfolio
    [Show full text]
  • 118 DAFTAR PERUSAHAAN LQ 45 PERIODE 2014 LQ45 Index
    118 DAFTAR PERUSAHAAN LQ 45 PERIODE 2014 LQ45 Index Constituents for the period LQ45 Index Constituents for the period of February – July 2014 of August 2014 – January 2015 1. AALI Astra Agro Lestari Tbk. 1. AALI Astra Agro Lestari Tbk. 2. ADHI Adhi Karya (Persero) Tbk 2. ADHI Adhi Karya (Persero) Tbk. 3. ADRO Adaro Energy Tbk. 3. ADRO Adaro Energy Tbk. 4. AKRA AKR Corporindo Tbk. 4. AKRA AKR Corporindo Tbk. 5. ASII Astra International Tbk. 5. ANTM Aneka Tambang Tbk. 6. ASRI Alam Sutera Realty Tbk. 6. ASII Astra International Tbk 7. BBCA Bank Central Asia Tbk. 7. ASRI Alam Sutera Realty Tbk. 8. BBNI Bank Negara Indonesia (Persero) 8. BBCA Bank Central Asia Tbk 9. BBRI Bank Rakyat Indonesia (Persero) 9. BBNI Bank Negara Indonesia (Persero) Tbk. Tbk. 10. BDMN Bank Danamon Tbk. 10. BBRI Bank Rakyat Indonesia (Persero) 11. BKSL Sentul City Tbk. Tbk. 12. BMRI Bank Mandiri (Persero) Tbk. 11. BBTN Bank Tabungan Negara 13. BMTR Global Mediacom Tbk. (Persero) Tbk. 14. BSDE Bumi Serpong Damai Tbk. 12. BDMN Bank Danamon Tbk. 15. CPIN Charoen Pokphand Indonesia 13. BMRI Bank Mandiri (Persero) Tbk. Tbk. 14. BMTR Global Mediacom Tbk. 16. CTRA Ciputra Development Tbk. 15. BSDE Bumi Serpong Damai Tbk. 17. EXCL XL Axiata Tbk. 16. CPIN Charoen Pokphand Indonesia 18. GGRM Gudang Garam Tbk. Tbk 19. HRUM Harum Energy Tbk. 17. CTRA Ciputra Development Tbk. 20. ICBP Indofood CBP Sukses Makmur 18. EXCL XL Axiata Tbk. Tbk. 19. GGRM Gudang Garam Tbk 21. INDF Indofood Sukses Makmur Tbk. 20. HRUM Harum Energy Tbk. 22.
    [Show full text]
  • Dewan Komisaris
    GOING FORWARD DELIVERING EXCELLENCE LAPORAN TAHUNAN 20188 ANNUAL REPORT Dalam menghadapi situasi perekonomian dan kondisi pasar yang tidak stabil, Perseroan terus merancang dan mengimplementasikan serangkaian kebijakan strategis guna membangun pertumbuhan bisnis yang berkelanjutan. Tahun ini, Perseroan menerbitkan Laporan Keberlanjutan untuk pertama kalinya, di mana Perseroan akan menyediakan informasi mengenai kinerja ekonomi, lingkungan dan sosial secara terintegrasi. Dalam laporan ini, Perseroan juga akan melakukan analisis, mengungkapkan strategi yang dijalankan untuk menghadapi berbagai tantangan usaha serta tanggung jawab kepada alam dan masyarakat. Perseroan terus bergerak maju untuk mencapai visi yang diinginkan, dengan terus berinovasi dan mencari solusi-solusi untuk menghadapi kondisi pasar serta tantangan yang dapat mempengaruhi Perseroan. iv PT ASTRA OTOPARTS TBK • Laporan Tahunan 2018 going forward, delivering excellence To face the unstable economic situation and market conditions, the Company continues to design and implement a range of strategic policies that will build sustainable business growth. This year, the company SXEOLVKHVWKH6XVWDLQDELOLW\UHSRUWIRUWKHͤUVWWLPHZKLFKSURYLGH LQIRUPDWLRQVUHJDUGLQJHFRQRPLFVHQYLURQPHQWDODQGVRFLDOSHUIRUPDQFH in an integrated manner. In this report, the Company will also carry out an DQDO\VLVUHYHDOWKHVWUDWHJ\WKDWLWHPSOR\VWRIDFHWKHYDULRXVEXVLQHVV FKDOOHQJHVDVZHOODVRXUUHVSRQVLELOLW\WRWKHHQYLURQPHQWDQGWKH community. 7KH&RPSDQ\FRQWLQXHVWRPRYHIRUZDUGWRDFKLHYHLWVGHVLUHGYLVLRQE\ FRQWLQXLQJWRLQQRYDWHDQGͤQGVROXWLRQVWRIDFLQJWKHPDUNHWFRQGLWLRQV
    [Show full text]