| Related Reports |
Related Indonesia Industry Reports
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Related Tariffs and Trade Reports
| • | Breeding fowls. HS: 0105.11.10.00 | | • | Breeding fowls, other than fighting cocks. HS: 0105.94.10.00 | | • | Breeding fowls, other than fighting cocks. HS: 0105.94.10.00 | | • | Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included. HS: 2308.00.00.00 | | • | Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included. HS: 2308.00.00.00 | | • | Of kind suitable for poultry. HS: 2309.90.11.00 |
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Major Competitors Financial Reports
| • | Charoen Pokhphand Jaya Farm, PT | | • | Lima Benua, UD | | • | Malindo Feedmill Tbk., PT | | • | Sierad Produce Tbk., PT | | • | Wonokoyo Jaya Corporindo, PT | | • | Central Proteinaprima Tbk., PT | | • | Charoen Pokphand Indonesia Tbk., PT | | • | Cheil Jedang Indonesia, PT | | • | Gold Coin Specialities, PT | | • | Usaha Tani Maju, PT | | • | Wirifa Sakti, PT | | • | Other Industry Players |
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Company News
Sierad Sells Wendy’s and Hartz Chicken
page A20, 2005-12-22
PT Sierad Produce Tbk plans to sell three units of business including PT Sierad Biotek, PT Wendy Citarasa, and PT Sierad Pangan. This is done because those three units bring no profit and tend to be a burden the main company. The company also plans to downsize more than 1,500 of its employees to cut costs.
Sierad Lays Off 1,500 Employees
Kompas, page 19, 2005-12-21
PT Sierad Produce Tbk has laid off 1,500 employees for the last two months. Eight hundred of the employees were employed in PT Biotek Indonesia and PT Wendy Citarasa, while the rest of the employees were laid off for rationalization purposes. Per September 2005, the limited liability company booked Rp.33.8 billion in net loss. In order to acquire more profit in 2006, Sierad had decided to sell its subsidiaries PT Biotek Indonesia, PT Wendy Citarasa and PT Sierad Pangan.
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| Major Businessline : Holding company, Poultry, Livestock and bird, Animal feed |
| PT. Dataindo Inti Swakarsa | Telp : (62 - 21) 719 3832 |
| 3rd Floor, Gapura Raya Building | Telp : (62 - 21) 719 3834 |
| Jl. Bangka Raya No. 4, Pela Mampang | Email : dis@diswebpage.com |
| Jakarta 12720, Indonesia | |
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| PROFIT AND LOSS |
2005 |
2006 |
2007 |
| Revenue |
13,613,840 |
13,229,085 |
15,397,484 |
| Cost of Goods |
N/A |
N/A |
N/A |
| Gross Profit |
13,613,840 |
13,229,085 |
15,397,484 |
| Net Profit Before Tax |
3,139,711 |
4,528,733 |
5,123,618 |
The data above is sample data only
| Balance Sheet (In RP Millions) |
2005 |
2006 |
2007 |
| Total Assets |
133,260,087 |
149,168,842 |
150,180,752 |
| Non Current Assets |
1,888,511 |
1,935,151 |
2,024,748 |
| Other Assets |
2,885,953 |
4,075,426 |
50,103,265 |
| Cash on Hand in Bank |
47,751,808 |
43,551,174 |
27,213,874 |
| Placement in other Bank |
3,697,885 |
2,558,909 |
7,344,934 |
| Notes & Securities |
48,516,569 |
57,691,639 |
10,714,256 |
| Loans |
28,329,341 |
39,280,369 |
52,778,750 |
| Total Liabilities |
120,634,642 |
135,243,441 |
134,333,598 |
| Cash |
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| Minority |
776 |
990 |
1,268 |
| Total Deposits |
118,251,011 |
131,985,222 |
129,555,406 |
| Call Money |
796,988 |
672,224 |
720,321 |
| Notes Issued |
252,202 |
425,039 |
652,439 |
| Borrowings |
219,652 |
484,127 |
525,316 |
| Other Liabilities |
1,114,013 |
1,675,839 |
2,878,848 |
| Shareholder"s Equity |
12,625,445 |
13,925,401 |
15,847,154 |
The data above is sample data only
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