Articles > Newspapers > International Newspapers, Local Markets A-Lh > AsiaPulse News news wires > July 2009

Article: INDONESIA'S PT INCO REPORTS Q2 EARNINGS OF US$17.4 MLN.(Financial report)

Article from:
AsiaPulse News
Article date:
July 31, 2009
Copyright

Jakarta, July 31 Asia Pulse - PT International Nickel Indonesia Tbk (PT Inco) (JSX:INCO) has announced that the company`s gross profit margin in the second quarter of 2009 increased to 19.0 percent from 5.6 percent in the first quarter of 2009.

The increase was mainly due to a surge in the average realized price of nickel in matte compared to last quarter, lower oil prices and the company`s continued implementation of cost containment initiatives, PT Inco said in a press statement here on Friday.

"PT Inco is continuing to focus on increasing the efficiency of its operations. This includes implementation of our integrated business planning to identify ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: PROFIT OF PT INCO DECLINES DUE TO A FALL IN THE ...
Indonesian Commercial Newsletter;  November 23, 1992 ;     700+ words ... ... average price of nickel exported by PT Inco in the third quarter of 1992 was only US$ 2.58 ... matte) by the public company PT Inco during the first nine months ... problems. The volume of sales of PT Inco during the first nine months of ...

Article: Fitch Initiates Coverage on PT Inco; Rates L-T ...
Business Wire;  February 3, 2005 ;     700+ words ... ... International Nickel Indonesia Tbk (PT Inco) by assigning a 'BB' long-term foreign currency rating to PT Inco's outstanding senior secured debt ... March 31, 2006. The rating recognizes PT Inco's substantial high-quality ore reserves ...

Article: PT INCO'S NICKEL PRODUCTION DOWN
Indonesian Commercial Newsletter;  November 11, 1991 ;     700+ words ... ... pounds of nickel matte for 1991. PT Inco, a company operating a nickel ... content and exports all of it. PT Inco determines the price of its ... Exchange (LME). For the first quarter of 1991, the actual price of PT Inco's nickel matte was US$ 3 ...

Article: IMPROVEMENTS IN NICKEL PRICE ON WORLD MARKET BOOST PT ...
Indonesian Commercial Newsletter;  March 13, 1995 ;     700+ words ... ... boosted PT International Nickel Indonesia's (PT INCO) sales value and profit. According to PT INCO's n unaudited financial statement, the ... million pound in 1993 to 99.9 million pounds. PT INCO has been operating in Indonesia, namely in ...

Article: PT INCO RECEIVES FORESTRY PERMIT FROM INDONESIA.
AsiaPulse News;  September 5, 2007 ;     700+ words ... ... Pulse - PT International Nickel Indonesia Tbk (PT Inco)(JSE:INCO), announced here on Tuesday that ... Minister of Forestry has issued a forestry permit to PT Inco. The permit granted PT Inco the right to use a forest area adjacent to the ...

Article: Correction: Fitch Initiates Coverage on PT Inco ...
Business Wire;  February 4, 2005 ;     700+ words ... ... International Nickel Indonesia Tbk (PT Inco) by assigning a 'BB' long-term foreign ... Outlook is Stable. The rating recognizes PT Inco's substantial high-quality ore reserves ... management. The rating also recognizes PT Inco's exposure to nickel price volatility ...

Article: PT INCO'S PROFIT INCREASES BY ABOUT 82%
Indonesian Commercial Newsletter;  August 22, 1994 ;     700+ words ... ... by PT International Nickel Indonesia (PT INCO) reached US$ 96 million, up 23.7 ... One factor leading to the increase in PT INCO's profit was the fact that the company ... pound. For the first semester of 1994, PT INCO's nickel matte production also rose ...

Article: PT INCO RECORDS SHARP RISE IN Q2 SALES.(Financial ...
AsiaPulse News;  August 1, 2007 ;     700+ words ... ... the end of the second quarter of 2006," said Arif Siregar, PT Inco president and chief executive ... pound) in the first quarter of 2007. "Under PT Inco's long-term, must ... During the 2007 second quarter, PT Inco also provided approximately ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives