After a long time no hear, Acer reportedly serious secretly working on a new tablet model featuring support for NVIDIA Tegra 4 processor and high resolution screen.
Based on reports published by Notebook Italia on benchmark results for the latest Acer tablet with the model number of this TA272HUL reportedly has the support of NVIDIA Tegra 4 1.8GHz processor. Not only that, the new Acer tablet based on the Android 4.2.2 will also be equipped with a high screen resolution support WQHD (2560 × 1440 pixels) and 2GB of RAM.
The use of quad-core processor ARM Cortex-A15 will supposedly make the most of existing devices may have reliability and high-performance fast. Yes, that’s the least that has been disclosed in a relevant benchmark results support the processor models in Nenamark and Passmark recently.
And regardless of whether or not the existence of these rumors, unfortunately still unknown specific info from related parties so far.
Is ground transportation services brand Express, Express Transindo Main Tbk PT (TAXI) earned a net profit of Rp 60.5 billion. The amount of net income increased 54% when compared to net income in the same period in 2012 amounting to Rp 39 billion. This achievement exceeded the company’s target of Rp 59 billion.
The rise in net profit driven by the acquisition of the company’s total revenue per June 30, 2013 which reached Rp 331.3 billion, an increase of 40% when compared to the same period of the previous year of Rp 237 billion.
“The Company’s financial performance this semester boast, revenue growth and significant earnings thanks to the success and efficiency of the Company’s expansion strategy, in addition to our success was due to maintaining the quality of service,” said Chief Financial Officer Taxi Express David Santoso in a press release, in Jakarta, Friday (2 / 8/2013).
He said the biggest contribution is still dominated by regular taxi which reached 84%. The rest of the Business Value Added Business Transportation Limousine dominated by vehicles that are in Bali, Lombok, Bandung and Jakarta.
Express regular cab fleet itself which operates to this day more than 8,800 units, which is targeted to reach 10 035 units by year-end.
“This year we expect to be able to add to our regular fleet of 2,000 units,” added David.
For this year, he said, the company aims to add 5 new pool in the area Jadetabek.
According to him, from the target, the Company has been getting 3 new locations for the pool. The Company is currently looking for a location for a second pool. Indeed most current pool still in Jadetabek. In addition to the Jadetabek, Express Group also has a pool in the other areas, namely in Bali, Lombok, Medan, Surabaya and Semarang.
Meanwhile, with regard to the new tariff set Express Group, David explained that it does not affect the Company’s financial.
This is because the Express Group implemented a partnership scheme with the driver, so that the new tariff solely to adjust the driver’s income and maintain the welfare of each individual driver’s partner.
While the driver of the Company’s partners deposit value remained elevated and did not participate. “We will continue to focus on improving service to our customers. We are confident in the consistency of the Company’s future financial performance has continued to increase, especially taxi business in Indonesia is very potential, “he explained.
NEW YORK (TheStreet) — Facebook’s (FB_) second-quarter earnings focused on mobile revenue. Shares were soaring in premarket trading Thursday as Wall Street raised price targets and upgraded shares.
Analysts surveyed by Thomson Reuters were expecting Facebook to earn 14 cents a share on $1.62 billion in revenue for the quarter.
The company ended the quarter with 1.15 billion monthly active users (MAUs), up 21% year over year. There was a 51% annual increase in mobile MAUs, which drove the strength in mobile revenue. Daily active users (DAUs) were 699 million, up 27% annually.
Following the earnings, many analysts were bullish, with several upgrading shares and raising price targets. Here’s what some analysts on Wall Street had to say:
JPMorgan analyst Doug Anmuth (Overweight, $44 PT)
“Facebook delivered its strongest quarter yet as a public company–results that we think could be thesis-changing for many–and we would continue to buy Facebook shares even after the ~17% move up in the after-market. Our revenue and nonGAAP EPS estimates increase 12% and 38% for 2013, and 22% and 46% for 2014.”
Topeka Capital Markets analyst Victor Anthony (Buy, $40 PT)
“Facebook needed to, and delivered, a blowout quarter. What is clear from the results is advertisers have validated Facebook as an advertising platform. For full year 2013, our revenue and Adj. EPS increases to $7.196B and $0.71, resp, from $6.733B and $0.63. We still see more upside for the stock and recommend purchase. There are several well defined catalysts over the next two years that should lead to further share price appreciation, including: 1) monetizing Instagram, which, per CEO Zuckerberg, will generate “a lot of profits”, 2) launch of auto-play video ads, 3) monetizing Graph Search, 4) a bigger push into e-commerce, and 5) the potential for S&P 500 inclusion. Further, only 1mm or 6% of FB’s 18mm potential advertisers are buying ads, implying a huge runway for advertiser uptake exists.”
Sterne Agee analyst Arvind Bhatia (Buy, $37 PT)
“We are incrementally bullish on FB’s prospects following 2Q results and believe the stock should be a core holding in Internet portfolios. 2Q’s highlight was Mobile advertising (+76% q/q versus consensus +20%). Overall revenue (53% y/y) and EBITDA (+57% y/y) accelerated from 1Q’s 38%/35% revenue/EBITDA growth. Better than expected user engagement, strong monetization and good cost control helped FB outperform even the most bullish expectations on the Street. Reiterating Buy.”
Oppenheimer analyst Jason Helfstein (Outperform, $36 PT)
“Following materially better than expected 2Q results, we are increasing our estimates and price target, and are reiterating our Outperform rating. 2Q upside was driven by higher advertiser demand for newsfeed, both on volume and price, and since mobile Newsfeed pricing is similar to desktop and advertisers are largely indifferent between mobile and desktop, revenues are tracking the consumer shift to smartphones. We believe this dynamic is an important differentiator vs. other ad-supported internet companies, that are being hurt by the mobile mix shift. As such, we are increasing ’13E and ’14E revenue by 3% and 5%, and non-GAAP EPS by 7% and 9%, respectively. Raising target to $36 from $32.”
Shares of Facebook were soaring following earnings, tacking on 30.48% to $34.59 in premarket trading.
Net income of PT Kalbe Farma Tbk (KLBF) rose 14.2% in the first half of 2013 to Rp 922 billion. The rise in profits was driven significant sales growth.
In line with net income, earnings per share also increased to Rp 20 per share from Rp 17 per share. While net sales grew by 18.9% to Rp 7.421 trillion from Rp 6.244 trillion in the same period in 2012.
“Despite rising inflation, we see the demand for pharmaceutical products, consumer health and nutrition products can last up to the first half of 2013,” said Chief Financial Officer and Corporate Secretary Kalbe Vidjongtius in a press release on Wednesday (31/07/2013).
Gross profit increased by 18.3% to Rp 3,623 billion, in line with sales growth. The ratio of gross profit to sales decreased 0.3% to 48.8% from 49.1% in the first half of last year, among others, due to the impact of the depreciation of Rupiah and change the composition of the business.
“We remain wary of the rupiah and anticipate continued volatility in the short term and their impact on the Company’s margins. Nevertheless, we remain confident of achieving the target this year,” he said.
Prescription Drug Division recorded net sales of Rp 1,887 trillion, up 18.1%, driven mainly by volume growth. Prescription Drug division contributed 25% to total net sales.
Health Division recorded growth of 19% to net sales of Rp 1,194 trillion. Health Division contributed 16% to total sales
Nutrition Division maintains the momentum achieved net sales of USD 1.759 trillion, an increase of 32.1% over the same period in 2012. Nutrition division now contributes 24% to total sales.
Distribution and Logistics division grew 11.6% to reach sales of Rp 2,581 billion. Distribution and Logistics division contributed 35% to total net sales, down from 37% in the first half of 2012.
Fair Monas, Central Jakarta, drew the attention of many visitors, so it is an opportunity for traders to reach a large turnover in the month of Ramadan, despite the weather influence the profits.
“Yes, with a show like this biased because fortunately many visitors also respond well to this event. Prices can also be an expensive stand ketutup. Last week I was lucky to hit Rp 5, 5 million,” said traditional Chinese clothes seller, Anggi on Monday.
This was the first event held in 2013. Many visitors who come and are very excited to welcome the party of the people, so that a distinct advantage for traders who open a booth.
Variety of goods and foods sold in Monas Fair, like, toast peanuts, meatballs, iftar meal, women and men’s apparel, accessories, lighting or home decoration and so on.
“Towards the iftar many come than during the day. Turnover during the month of Ramadan is also on the rise as more and more visitors are coming,” says the seller of perfume, Yus.
Benefits achieved could reach three times the sales in the store. Weather in Jakarta but also affect the profits of the merchants, if the weather is rainy then sales will decline because empty of visitors.
Visitors came from various regions, even visitors from abroad. “I am from Jakarta to Ambon often, but only this time there are events like this in the monument, is great if you need to continue to be held every year,” said a housewife, Nani.
Cleanliness and safety of the show is pretty guarded by the organizing committee.
“We always check identification and also the interests of any person who want to get into. There are two layers of safeguards so that the event is also taking place conducive,” said the provincial municipal police, Joseph.
Society hopes remain held an event like this because it can benefit all parties, but it should be more mature in the hold and organize this event so that more and more visitors are interested in coming out of the city and outside the city.
It is undeniable that over time, the popularity of Linux is increasing every day. Linux Kernel project which was originally just a fun project by Linux apparently transformed into a project that became the basis for the evolution of the digital world today.
We can see that more and more digital devices are therein using Linux in it. Changes were made in all areas so that Linux can be used by all users, both from the ground level up to the experts though.
One thing that remains a hallmark of Linux is the existence of a shell that is never lost on any Linux distro. Shell is a command-line interpreter on duty to translate the commands entered by the user directly to the system through the help of a terminal or console as a zoom interface (such as Command Prompt on the Windows platform). Although today most of the Linux distributions already to offering graphical display, the shell is still regarded as one of the strengths of Linux shell bridge where users can interact with the system in order to be more flexible. Many things can be done on a shell because we are dealing directly with the system, coupled with the many variants of the shell that offers a variety of features in it, such as csh, sh, bash, ksh, tcsh, ash, zsh, etc.
One of the most common type of shell used is BASH (Bourne-Again Shell) which was created by Bryan Fox in 1988. Shell is a replacement of the Bourne Shell (sh) existing first and is still used in some Linux distributions. Currently BASH shell has become a de facto standard for almost all Linux distributions because it is considered the most feature-rich and has a fairly high degree of portability. For comparison between variants shell can be seen on the Wikipedia website
To be able to understand the Linux system with better and also improve your productivity and take advantage of the flexibility offered by Linux, so it’s good we are trying to learn programming BASH script. PCplus using Slackware Linux distro, but this tutorial can be applied to all Linux distributions for use BASH version 4.2 and above. You can use any text editor because basically BASH script is plain text file. You can also try it on a Windows platform with the help of Cygwin,
open the editor:
1. The first step in creating a shell script is telling the system what shell you want to use, because it could be available in a Linux distribution over the shell variant. Because we want to use bash, then write this line in the first row of each bash shell script that will be created
This code is called the shebang and a special instruction that will determine what the interpreter is going to be used to process a shell script. For example, for a script that utilizes Perl interpreter, it will contain information
2. Because the shell script is basically able to execute commands on the shell, then we can run shell commands from a shell script. For example, we want to display today’s date along with the name that we use username to login. Use the code on the listing-1 as an example. Before you can run the script, give it execute permissions on the file with the command chmod + x’s listing 1.sh (adjust the file name you gave) then run the command.
Date command displays the current date information while whoami will menapilkan your user information to login.
3. What if we want to display the text coupled with a shell command? Use the echo function to display a message to the screen shown in listing-2. Echo function accepts parameters in the form of a text message that will be displayed kelayar. You might ask, why the date and user information are on different lines with text displayed? This is due essentially echo function will display a message and then change the next line. To be able to display an information to the right of the text is displayed, use the-n parameter on the function like echo in the listing-3.
4. You can try some of the commands contained in the location / bin and / usr / bin. If not sure of the usefulness of a command, run the command man <nama-perintah> on the console or terminal, for example, man ls and manual information about the ls command will be displayed. Each command has a variation of different parameters with each other, so there are times when we have to read the manual to know every option available.
Popped into town Cianjur not afdol if not carrying tauco as souvenirs. In a city famous for the production of quality local rice, the mainstay tauco a cottage industry products.
Tauco is one pelezat food ingredients. This product was adapted from China, a yellow soy beans are boiled, add salt and natural microbes. It was savory and salty variety is often added to stir fry and other dishes.
In Cianjur tauco an existing home prosuk since 1900 in the form of cottage industry. The industry developed from house to house to this day there are some local tauco brands are well known in Cianjur.
The main ingredient is soy yellow tauco imported from America, brown sugar, flour and other seasonings. The result will tauco reddish brown. Among several brands tauco, notably the tauco cap ‘Biruang’. Tauco owned by Achmad Sofian’s Babe started in 1960. This home-based products are halal certified
To maintain the quality of the owners choosing halal certified halal raw materials. Also in the fermentation process are concerned that fermentation only cause a distinctive sour taste without khamer. Because if it is not perfect it will result in soybeans contain alcohol. Therefore, when buying tauco, be sure to get tauco of LPPOM MUI halal certified local.
HighJump Software, a global provider of supply chain management software, announced today it has named Jonathan Kwok director of Asia-Pacific (APAC) sales. Based in Shanghai, he is responsible for channel management and will lead the expansion of the HighJump™ Supply Chain Advantage suite in the region.
Kwok has nearly 20 years of experience in logistics software, from development and system design to professional services and channel management with some of the largest supply chain solution companies in the world. He was drawn to HighJump Software because of its adaptable solutions’ early success in China and Southeast Asia.
“APAC is one of the fastest growing markets in the world, and companies here are under huge pressure to react quickly to market and consumer demands,” said Kwok. “HighJump Software has a flexible, agile and adaptable warehouse management system that companies here need and this distinguishes them in the market. I am thrilled to be part of an organization that is so committed to the Asia-Pacific region and lead its expansion.”
“Jonathan brings the depth of experience and expertise that I am looking for to lead APAC. He has run a business in China, which is so important to the success of this huge market. And he is based out of Shanghai, which is a strategic location for building networks in Greater China, India and Southeast Asia,” said David Houser, vice president of international sales, HighJump Software. “Jonathan is a key addition to our team and we are delighted to have him on board.”
HighJump Software also has a research and development center in Shanghai that supports the entire supply chain product suite.
About HighJump Software Inc.
HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. HighJump Software solutions for distribution and logistics, direct store delivery, trading partner connectivity, mobility and manufacturing include: warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales, the TrueCommerce™ EDI Solutions Platform.
Production of Pertamina Hulu Energi (PHE) West Madura Offshore increase. If the beginning of June 2013 and in the range of 20,300 barrels of oil per day (bopd), in early July it pierces 22,200 bopd. Increase in production was achieved from 3 new production wells.
WMO block production was 70% higher than when handed over to the government of Kodeco Pertamina Energy, May 7, 2011. When it blocks the production of 13,000 bpd WMO stay. 22.2000 bopd to production performance is also higher than the target set by the oil and gas SKK 20 443 boph.
Good news from WMO block was made Senior Executive VP & General Manager of PHE WMO Bambang Kardono after accepting the award from the Governor of East Java Environment on page Soekarwo PT Semen Indonesia, last weekend in Gresik. “PHE WMO has reached a level of 22,200 bopd of oil production,” he said.
He added that the recent increase in production obtained from the drilling of new production wells 38B-5 PHE, PHE PHE 40A-5 and 40A-3. Therefore, it is confident that by the end of 2013 could surpass the average production target of 20,443 bopd given by the government.
Bambang explained, of 3 new production wells that produced approximately 4,000 bopd. But because it is also absorbed to cover declaining rate reached 50% per year, the production of WMO block can only go up from 20,300 bopd in early June to 22,200 bopd.
“This year we expect to drill 21 production wells and nine exploration wells. Needs a lot of wells drilled since we also had to cope with a relatively high rate declaining, as well as trying to find new oil and gas reserves,” he said.
Bambang added that, in addition to continue to drill new production wells, is now concentrating PHE WMO project complete new installation of the subsea pipeline connecting several new production platform with Poleng Processing Platform (PPP).
“Hopefully early August subsea pipeline installation projects it already can diselesaikan.Keberadaan new pipe that can further increase the production rate of oil-rig a new production platform,” said Bambang Kardono.
Since April 1, PHE WMO continues to increase production from 9,000 bopd to 12,000 bopd. After the break in May 17,000 bopd and 20,300 bopd in June. Peak at the beginning of production back in July increased to 22,200 bopd.
“The climax at the beginning of July back production increased to 22,200 bopd, where it is expected to end in 2013 still continues to rise more than that, do’akan, yes,” said Bambang Kardono.
- Reveals new details of the forthcoming 22nm Intel® Atom™ processors C2000 product family, enabling the company to target a larger portion of the datacenter market.
- Unveils future roadmap of 14nm datacenter products including a system-on-chip (SoC) that for the first time will incorporate Intel’s next-generation Broadwell architecture to address an even broader range of workloads.
- Rackspace Hosting* announces that it will deploy a new generation of rack designs as part of its hybrid cloud solutions aligned with Intel’s Rack Scale Architecture vision.
As the massive growth of information technology services places increasing demand on the datacenter, Intel Corporation today outlined its strategy to re-architect the underlying infrastructure, allowing companies and end-users to benefit from an increasingly services-oriented, mobile world.
The company also announced additional details about its next-generation Intel® Atom™ processor C2000 product family (codenamed “Avoton” and “Rangeley”), as well as outlined its roadmap of next-generation 14nm products for 2014 and beyond. This robust pipeline of current and future products and technologies will allow Intel to expand into new segments of the datacenter that look to transition from proprietary designs to more open, standards-based compute models.
“Datacenters are entering a new era of rapid service delivery,” said Diane Bryant, senior vice president and general manager of the Datacenter and Connected Systems Group at Intel. “Across network, storage and servers we continue to see significant opportunities for growth. In many cases, it requires a new approach to deliver the scale and efficiency required, and today we are unveiling the near and long-term actions to enable this transformation.”
As more mobile devices connect to the Internet, cloud-based software and applications get smarter by learning from the billions of people and machines using it, thus resulting in a new era of context-rich experiences and services. It also results in a massive amount of network connections and a continuous stream of real-time, unstructured data. New challenges for networks, computing and storage are emerging as the growing volume of data is transported, collected, aggregated and analyzed in datacenters. As a result, datacenters must be more agile and service-driven than ever before, and easier to manage and operate.
The role of information technology has evolved from being a way to reduce costs and increase corporate productivity to becoming the means to deliver new services to businesses and consumers. For example, Disney* recently started providing visitors with wirelessly connected-wristbands to enhance customers’ in-park experience through real-time data analytics. Additionally, a smart traffic safety program from Bocom* in China seeks to identify traffic patterns in a city of ten million people and intelligently offers better routing options for vehicles on the road.
‘Re-Architecting’ Network, Storage and Servers
To help companies prepare for the next generation of datacenters, Intel revealed its plans to virtualize the network, enable smart storage solutions and invest in innovative rack optimized architectures.
Bryant highlighted Intel’s Rack Scale Architecture (RSA), an advanced design that promises to dramatically increase the utilization and flexibility of the datacenter to deliver new services. Rackspace Hosting*, an open cloud company, today announced the deployment of new server racks that is a step toward reaching Intel’s RSA vision, powered by Intel® Xeon® processors and Intel Ethernet controllers with storage accelerated by Intel Solid State Drives. The Rackspace design is the first commercial rack scale implementation.
The networking industry is on the verge of a transition similar to what the server segment experienced years ago. Equipping the network with open, general purpose processing capabilities provides a way to maximize network bandwidth, significantly reduce cost and provide the flexibility to offer new services. For example, with a virtualized software defined network, the time to provision a new service can be reduced to just minutes from two to three weeks with traditional networks. Intel introduced Open Network Platform reference designs to help OEMs build and deploy this new generation of networks.
Data growth is a challenge to all datacenters and transferring this large volume of data for processing within a traditional, rigid storage architecture is costly and time consuming. By implementing intelligent storage technologies and tools, Intel is helping to reduce the amount of data that needs to be stored, and is improving how data is used for new services.
Traditional servers are also evolving. To meet the diverse needs of datacenter operators who deploy everything from compute intensive database applications to consumer facing Web services that benefit from smaller, more energy-efficient processing, Intel outlined its plan to optimize workloads, including customized CPU and SoC configurations.
As part of its strategy, Intel revealed new details for the forthcoming Intel® Atom™ processors C2000 product family aimed for low-energy, high-density microservers and storage (codenamed “Avoton”), and network devices (codenamed “Rangeley”). This second generation of Intel’s 64-bit SoCs is expected to become available later this year and will be based on the company’s 22nm process technology and the innovative Silvermont microarchitecture. It will feature up to eight cores with integrated Ethernet and support for up to 64GB of memory.
The new products are expected to deliver up to four times1,3 the energy efficiency and up to seven times1,2 more performance than the first generation Intel Atom processor-based server SoCs introduced in December last year. Intel has been sampling the new Intel Atom processor server product family to customers since April and has already more than doubled the number of system designs compared to the previous generation.
Roadmap for Expansion
The move to services-oriented datacenters presents considerable opportunities for Intel to expand into new segments. To help bolster the underlying technologies that power much of the next generation of datacenters, Intel outlined its roadmap of next-generation products based on its forthcoming 14nm process technology scheduled for 2014 and beyond. These products are aimed at microservers, storage and network devices and will offer an even broader set of low-power, high-density solutions for their Web-scale applications and services.
The future products include the next generation of Intel Xeon processors E3 family (codenamed “Broadwell”) built for processor and graphic-centric workloads such as online gaming and media transcoding. It also includes the next generation of Intel Atom processor SoCs (codenamed “Denverton”) that will enable even higher density deployments for datacenter operators. Intel also disclosed an addition to its future roadmap – a new SoC designed from the ground up for the datacenter based on Intel’s next-generation Broadwell microarchitecture that follows today’s industry leading Haswell microarchitecture. This SoC will offer higher levels of performance in high density, extreme energy efficient systems that datacenter operators will expect in this increasingly services-oriented, mobile world.
PT Astra International Tbk (ASII) recorded a profit of Rp 4.3 trillion at the end of March 2013. Thinning profit 7% of the acquisition of the same period of the previous year of Rp 4.6 trillion.
The fall in profit was in line with the Astra stagnanya Astra turnover alias net income in the first quarter of 2013 amounted to Rp 46.7 trillion, edged up 1% compared to the same period in 2012 of Rp 46.4 trillion.
“Indonesia’s economic outlook remains positive, although in the short term gains Astra will be affected by rising labor costs, weakening commodity prices, competition in the automotive industry and the impact of regulations on the minimum down payment auto financing sharia,” said President Director of Astra International Prijono Sugiarto in press release, Wednesday (24/04/2013).
Astra Group activities focus on six core business lines, namely Automotive Division, Financial Services, Heavy Equipment and Mining, Agribusiness, Infrastructure and Logistics, and Information Technology with the following details.
Automotive Division’s net profit fell by 10% to Rp 2.2 trillion, consisting of Rp 1 trillion from the Company and its subsidiaries, as well as the contribution from associates and jointly controlled entities in the automotive field of Rp 1.2 trillion.
Throughout the first quarter of 2013, demand for motor vehicles remains high, mainly supported by rising incomes and borrowing rates are affordable. However, increased competition due to increased domestic production capacity and rising labor costs have led to a reduction of the net profit contribution of automotive segments. This condition is expected to continue in the second quarter.
Regulatory minimum down payment on auto financing imposed sharia financing for companies since January 1, 2013 and applies in the bank on 1 April 2013, had little impact on the performance of the first quarter. The new regulation is expected to have an impact on the motorbike sales in the first half.
Total national car sales increased 18% to 296,000 units. Astra’s car sales (Toyota, Daihatsu, Isuzu, UD Trucks and Peugeot) increased 7% to 155,000 units, with a market share of 52%. In the first quarter Astra launched three new models and five facelift models.
Astra Daihatsu Motor has completed construction of a new factory in Karawang with a total production capacity of 120,000 units per year, so overall production capacity to reach 460,000 units per year.
While the national motorcycle sales rose 2% to 2 million units. Honda motorcycle sales output of PT Astra Honda Motor (AHM) rose 14% to 1.2 million units, with an increase in market share from 55% to 62%.
Throughout the first quarter of 2013, PT Astra Honda Motor launched two new models and four models facelift. PT Astra Honda Motor has increased the production capacity for sport type motorcycle from 900 units to 1,300 units per day.
PT Astra Otoparts Tbk (AOP), component manufacturing company in which 95.7% owned by the Company, recorded a net profit of Rp 267 billion, an increase of 2%, where 71% is the contribution from associates and jointly controlled entities. 11% increase in revenues eroded by rising labor costs.
Division of Financial Services net profit rose 23% to Rp 1 trillion. Total financing through Astra automotive finance business consisting of Federal International Finance (FIF), Astra Credit Companies (ACC), and Toyota Astra Financial Services (TAFS) grew 6% to Rp 13.2 trillion, including joint financing through bank financing without recourse .
Total weight of equipment financing through PT Surya Artha Nusantara Finance and PT Komatsu Astra Finance fell 40% to Rp 1.3 trillion. PT Bank Permata Tbk is 44.6% owned by the Company, posted a net profit of Rp 356 billion, an increase of 7%. Net interest income increased driven by higher loan growth by 36%, despite the increase in operating costs.
PT Asuransi Astra Buana (AAB) subsidiaries engaged in insurance business had a net profit due to higher growth in gross premium income in excess payment of reinsurance and claims costs are high.
Net income and Mining Equipment division fell 26% to Rp 0.7 trillion. PT United Tractors Tbk (UT), which is 59.5% owned by the Company, reported a 26% drop in net income to Rp 1.1 trillion, while net income decreased by 17%.
Business segment net revenue of construction machinery fell 42%, due to lower sales of Komatsu heavy equipment by 42% to 1,272 units. This happens due to decreased demand from the mining sector, especially for large units. Although when compared with the final quarter of 2012, unit sales increased by 70%.
Pamapersada PT Nusantara (PAMA), a subsidiary of UT in the field of coal mining contractor posted a net income increase of 19%, in line with the increase in coal production by 12% to 24 million tons and increase soil removal work (overburden removal) by 3% to 199 million bcm. Good performance was driven by increased mining capacity and good weather conditions.
UT subsidiaries in mining reported net income decreased by 36%, which is caused by the decrease in coal sales by 23% to 1.2 million tons. Decline in coal prices and rising fuel prices have a negative impact on gross profit margin.
Agribusiness Division’s net profit decreased by 6% to Rp 0.3 trillion. PT Astra Agro Lestari Tbk (AALI), which is 79.7% owned by the Company, reported net income of Rp 356 billion.
Palm oil production increased 22% to 352,000 tonnes, which resulted in increased revenue by 6% to Rp 2.7 trillion, although compared to the first quarter of 2012 the average CPO price decreased 16% to Rp 6.464/kg. Overall net income decreased, due to the high cost of production and operational costs.
Net income Infrastructure and Logistics Division declined by 19% to Rp 124 billion. PT Marga Mandala Sakti (MMS), which operates the toll road operator pathway Tangerang – Merak along 72.5 km, which is 79.3% owned by the Company, noted an increase in the volume of vehicle traffic by 10% to 10 million vehicles.
PT PAM Lyonnaise Jaya (PALYJA), a leading provider of clean water in the area west of Jakarta, reported a decline in water sales volume by 3% to 37 million m3. PT Serasi Autoraya (SERA), recorded an increase in revenue, mainly supported by the increasing number of vehicles on lease contracts TRAC vehicle rental business by 6% by the number of vehicles of more than 31,000 units. The high cost of depreciation and operating costs lead to lower net income compared to the first quarter of 2012.
Net income and Information Technology Division of Rp 20 billion, down 22% compared to the first quarter of 2012. PT Astra Graphia Tbk (AG), a company engaged in the field of information technology and the sole agent of Fuji Xerox in Indonesia, which is 76.9% owned by the Company, recorded a net profit of Rp 26 billion.