Mitra10 targets IDR 130 billion from three outlets.
PT Catur Sentosa Adiprana Tbk targets the sales of IDR 130 billion from the three renovated outlets.  The company’s director, Tjia Tjhin Hwa said that those three outlets were located in Jakarta (Daan Mogot and Percetakan Negara) and Surabaya (Wiyung). She said that the renovation has... Read Detail
Catur Sentosa won contract from Procter & Gamble (P&G)
PT Catur Sentosa Adiprana Tbk (CSAP), the largest independent distribution and modern retail (Mitra10) company in building materials, has signed a memorandum of understanding with Procter and Gamble Indonesia to distribute consumer goods products. To realize that plan, the company builds a new... Read Detail
Catur Sentosa Eyes on the Revenue of IDR 3.3 Trillion
The shareholders of PT Catur Sentosa Adiprana Tbk (CSAP) had agreed the acquisition of land for the opening of new distribution branches worth of IDR 19.4 billion. The acquisition is expected to boost sales to grow by 15% to IDR 3.3 trillion in 2010. The finance director of Catur Sentosa, Triana... Read Detail
Catur Sentosa targets its sales grow by 15%
PT Catur Sentosa Adiprana Tbk plans its sales grow by 15% from Rp 2.9 trillion (unaudited)in 2009  to Rp 3.3 trillion. Triana Soenaryo, Catur Sentosa’s finance director, said that the improved macro economy condition such as low interest rates and better property industry condition... Read Detail
Catur Sentosa aims for IDR 3.3 trillion sales
PT Catur Sentosa Adiprana Tbk targeted 2010 sales will be IDR 3.3 trillion, grew 15% from 2009 (IDR 2.85 trillion). Better economy growth expectation, inflation rate, BI rate and buying power will sustain this year sales.  Sales increase will be contributed from three business segments. The... Read Detail
April, the sales of Catur Sentosa’s subsidiary increased by 14.69%
The sales of PT Catur Sentosa Adiprana Tbk’s subsidiary, Mitra10, increased by 14.69% to IDR 166.16 billion in the first four month of 2009. That sales contributed for 16.54% to the total company’s consolidated sales .   The director of Catur Sentosa, Idrus H Widjadjakusuma... Read Detail
Net Income of CSAP rose 67%
The building material distribution company, PT Catur Sentosa Adiprana Tbk in 2008 booked a net profit of Rp 56.22 billion, rose 67% from Rp 33.49 billion in the previous year. “The surge in net profit was boosted by a 27.06% rise in sales from Rp 2.13 trillion in 2007 to Rp 2.71 trillion in... Read Detail
Retail Mitra 10 increase net income of CSAP
In the current economic condition, the building material store chain, PT Catur Sentosa Adiprana Tbk still can book an increase in the net profit and succeeded in increasing the net income by 67% from Rp 33.49 billion in 2007 to Rp 56.22 billion in 2008. The strong increase in net profit was... Read Detail
CSAP prepares Rp 150 billion for outlet expansion
PT Catur Sentosa Adiprana Tbk prepares Rp 150 billion to build ten new Mitra 10 outlets in this year. Those outlets will be opened in many areas such as Jabodetabek, Yogyakarta, Makassar and Bali. “The company will open Mitra 10 Express and Mitra 10, five outlets for each category”,... Read Detail
Prospective Sector in 2009
Vonita Febriyantie, a capital market observer working in PT Indo Premier Securities, listed three sectors that are prospective in 2009. 1. Infrastructure sector - The sector has the brightest opportunity as the government keeps pushing the infrastructure projects to increase the economic... Read Detail
Catur Sentosa Invests IDR 150 billion for new outlets
PT Catur Sentosa Adiprana Tbk invests IDR 100 billion – IDR 150 billion to build four new outlets of Mitra10 next year. The new outlets are expected to speed the growth of company’s retail business. “We have prepared the land, but the construction will be started next year”, said the director of Catur Sentosa, Idrus H Widjajakusuma. Idrus said that the new four Mitra10 outlets will be built in the city of Java and Sulawesi. The additional outlets are an anticipation to the demand increase of building materials since the global economy has shown recovery signal. Idrus added that about 70% of investments will be used bank loans and the rest is from internal cash. Until March 2009, Catur Sentosa cash position was IDR 28.46 billion. The company targets to open four Mitra10 outlets and two distribution branches. So total outlets will be 29 units and total distribution branches will be 34 units in 2010. The additional new outlets and branches is expected to increase Catur Sentosa’s revenue to IDR 3,58 trillion. The company has a IDR 725 billion contract from PT Arwana Citramulia Tbk (ARNA) to distribute 29 million m3of ceramics. The contract is expected to help the company to achieve IDR 3.41 trillion of revenue and IDR 75.9 billion of net income. Source: Investor Daily, July 13, 2009
 
 
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