AGMS and EGMS: Developing Achievements Towards The Leading Infrastructure Company
16 May 2015
Author: Administrator
- Nusantara Infrastructure continues its commitment to record the positive growth performance in the midst of a challenging national economy.
- Nusantara Infrastructure held the Annual General Meeting of Shareholder (AGMS) followed by the Extraordinary General Meeting of Shareholder (EGMS) on May 12, 2015 in Jakarta.
Nusantara Infrastructure should be grateful to get through challenging economic conditions, such as tight financial liquidity, high interest rates, and the depreciation of the rupiah. Moreover, many record of important accomplishments achieved by Nusantara Infrastructure throughout the year 2014-2015. Starting from the AGMS which recorded positive financial performance, achievement issuers developers displacement board to the main board, and the inclusion of META listed in the Shariah Stock List 1st Period of 2015.
Positive Financial Performance
Until the first quarter of 2015 (January-March 2015), Nusantara Infrastructure recorded a net profit growth of 64% and 25% increase in income. This is supported by the right business strategy.
In the financial report presented in public exposure mentions the net income of Nusantara Infrastructure is Rp44.45 billion approximated, 64% increase from the same period in 2014, Rp27,1 billion.
Income also increased by 25% from Rp104.78 billion to Rp130.66 billion in the first quarter of 2014. Total assets per March 2015 reached Rp4.11 trillion, an increase of total assets per December 2014 were Rp4.07 trillion.
AGMS and EGMS were held on May 12. The AGMS has been presented to all shareholders of Nusantara Infrastructure about the positive financial performance record in 2014.
The significant contribution of Nusantara Infrastructure performance improvement is derived from business telecommunications unit, toll roads and water treatment. The Record of positive growth occurred in a number of business units Nusantara Infrastructure, especially KIN, the newest business unit Nusantara Infrastructure in the telecommunications sector, experiencing tremendous growth. KIN achieved outstanding performance with total revenue of Rp133.2 billion.
While MUN (toll roads management), contributed income of Rp341.5 billion and for the water treatment business recorded an increase in net profit more than quadrupled.
On these positive results, the Director of Nusantara Infrastructure Danni Hasan said that Nusantara Infrastructure management is very grateful to have been successful in continuing the positive growth momentum in the middle of a very tight economic challenges during 2014.
Business development strategy through mergers and acquisitions that have taken a very significant results for the improvement of the company performance. To strengthen the company's fundamentals, the future strategy will keep running.
This is part of Nusantara Infrastructure's vision to become a leading infrastructure company in Indonesia. Improved performance and contribution of the business units of the company's performance is proof that the strategy undertaken already on the right track.
As an important note, the achievement of the Company's continued success throughout 2014 which continues to show positive growth in the last three years. To that end, Nusantara Infrastructure will continue to maintain this positive growth momentum to enhance the Company's value. Looking ahead, the potential of the infrastructure business is still wide open. Nusantara Infrastructure optimistic, as the Company's long-term business fundamentals will continue to strengthen.
The AGMS was attended by Darjoto Setyawan (Commissioner), Hartopo Soetoyo (Independent Commissioner), David Emilyn Parry (Independent Commissioner), Ramdani Basri (Director), Danni Hasan (Director), Ridwan Irawan (Director) and Dr. Scott Younger (Director).
Financial Performance Table of PT Nusantara Infrastructure Tbk for the Period of 2012-2014
In Million Rupiah
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| Total Assets | 2,019.52 | 2,579.58 | 4,074.89 |
| Net Income | 48,163 | 80,654 | 152.22 |
| Revenue | 270,397 | 425,862 | 518.37 |
| EBITDA | 171,373 | 193,078 | 273.76 |
