“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, March 24, 2008

Indonesia's Semen Gresik Q4 profit jumps 87 pct

Sun Mar 23, 2008 11:24pm EDT

JAKARTA, March 24 (Reuters) - PT Semen Gresik Tbk SMGR.JK, Indonesia's largest cement firm, posted results on Monday indicating a better-than-expected 87 percent rise in fourth quarter net profit, boosted by a building boom and more efficient operations.

Southeast Asia's biggest economy has seen a push by authorities to increase investment on ageing infrastructure including toll roads, ports, airports and power plants.

State-owned Semen Gresik's net profit rose to 503.5 billion rupiah ($54.85 million) rupiah in October-December from 268.7 billion rupiah a year ago, according to Reuters calculations based on its full year earnings released on Monday and nine-month results.

Analysts polled by Reuters Estimates had predicted a full-year net profit of 1.65 trillion rupiah, implying a fourth quarter net profit of 378.7 billion rupiah.

Gresik's revenue climbed 11.8 percent in the quarter to 2.51 trillion rupiah, as its sales volume for the period climbed 35 percent to 3.9 million tonnes, outpacing a 6.1 percent rise in national consumption.

In 2007, domestic demand for cement rose 6.6 percent to 34.2 million tonnes in 2007 from the previous year, due to such infrastructure projects and property developments in the biggest cities, although Gresik's domestic sales volume for the year rose only by only 1.6 percent.

To meet anticipated higher demand in the future, Gresik had said it plans to construct new factories and its own power plants in an effort to boost its annual capacity by 5 million tonnes, with a total investment of $1.5 billion.

The company had said it aims to boost its capacity by 40 percent to 22.9 million tonnes by 2013 from around 16 million tonnes currently. ($1=9,180 rupiah)

(Reporting by Harry Suhartono, editing by Ed Davies)

No comments: