News - IDR
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Indonesia infrastructure investment company targets more acquisition in 2011 Jakarta, Indonesia (PRWEB) May 04, 2011 Inovisi Infracom's total net asset as at December 31, 2011, was up 603 percent to Indonesian Rupiah 1.22 trillion from Indonesian Rupiah 186 billion as at the same period last year. Inovisi in a statement on Tuesday said the increase in total assets would strengthen its position as the leading telecommunication infrastructure company in Indonesia by assets. The diversified investment company today also reported that its consolidated net profit for the financial year 2010 jumped to Indonesian Rupiah 125.4 billion, from Rp 28.1 billion in the same period earlier, representing an increase of 346 percent. It said the higher net profit was contributed by the increase in operating income as the telecommunication infrastructure business riding on mobile Internet and cloud data services bullish demand.
ARLINGTON, Va., April 20 /PRNewswire-USNewswire/ -- The Technology & Maintenance Council (TMC) of American Trucking Associations has expanded an important industry practice designed to help equipment owners compare the performance of aftermarket brake linings.
Text of report in English by influential Indonesian newspaper The Jakarta Post English-language website on 3 September [Unattributed article: "State suffers Rp 7.63 t from subsidy miscalculation"] The state suffered IDR 7.6 trillion (USD 830 million) in losses in 2006 and 2007 due to an oil and gas subsidy miscalculation by state-owned PT Pertamina, according to the State Audit Agency (BPK).
Fitch Ratings John Culver, CFA, 312-368-3216 (Chicago) Bill Densmore, 312-368-3125 (Chicago) Brian Bertsch, 212-908-0549 (Media Relations, New York) Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings (IDRs) for AT&T Inc.
