02 May 2017

PRESS RELEASE


PT Aneka Gas Industri Tbk (“AGII”) announces its first quarter 2017 financial performance

JAKARTA, 30 April 2017

PT Aneka Gas Industri, Tbk. (“AGII”) has released its interim financial statements for the three months ended on 31 March 2017.

Financial Highlights and Operational Indicators

AGII generated higher net revenue for the three months ended on March 31, 2017 of Rp. 42.554 billion or around 10,93% to Rp 431.927 billion from Rp 389.372 billion in the first quarter of 2016. This higher net revenue was mainly due to the increase in gas sales of Rp.32.934 billion or around 9.5% to Rp 381.328 billion that derived from volume growth of around 7.5%. Industrial gas sales prices throughout first quarter 2017 increased as a result of the impact of inflation and product mix as well as the increase in equipment and services sales of Rp. 9.621 billion or amounting to 23.48% to Rp.50.599 billion. The sales growth contribution in first quarter 2017 was mostly backed by the medical, infrastructure as well as the consumer goods sector, which accounted for around 10% compared to the same period in 2016. The number of filling stations in first quarter 2017 amounts to 85 units.

As a result of the significant sales growth, the Company also registered improved profitability ratios, namely in terms of its gross profit margin, EBITDA margin, EBIT margin and net profit margin for the year, which was respectively at 46.84%, 33.92%, 21.13%, and 6.54%.

The Company’s solvency ratio improved in the first quarter of 2017 compared to the same period in the previous year, which was caused by the Company’s total loans that registered a net decrease of Rp 21.167 billion to Rp 2.537 trillion thereby the Interest-bearing Debts/Equities ratio and Net Debts/Equities ratio as well as Interest-bearing Debt to Op. EBITDA and Net Interest-bearing Debt to Op. EBITDA improved respectively to 0.91x, and 1.09x as well as 3.94x and 3.57x.

About PT Aneka Gas Industri Tbk:

PT Aneka Gas Industri Tbk (“AGII”), is the largest industrial gas company in Indonesia and is engaged in four business lines, namely: 1) industrial gas production, 2) industrial gas trading, 3) industrial gas equipment trading and 4) industrial gas equipment installation.

AGII is publicly listed on the Indonesian Stock Exchange and is majority owned by the Samator Group.

As of March 31, 2017, AGII had 44 industrial gas plants and 85 filling stations in 22 provinces across Indonesia.

For more information, please contact :Corporate Secretary Rachmat Harsono – Aneka Gas Industri Tel: (62-21) 8370 9111 Email: corsec@anekagas.com

Investor Relations Edison Bako Tel: (62-21) 8370 9111 ext. 117 Email: edison.bako@anekagas.com

pdf version

28 Apr 2017

AGI Terbitkan Obligasi dan Sukuk Ijarah


News Source : www.photo.sindonews.com


Penerbitan Obligasi dan Sukuk Ijarah diumumkan melalui skema Penawaran Umum Berkelanjutan I (PUB I) dengan target dana yang dihimpun masing-masing Rp500 miliar yang akan diterbitkan dalam jangka waktu dua tahun ke depan.

28 Apr 2017

OBLIGASI DAN SUKUK IJARAH ANEKA GAS


News Source : www.amp.antarafoto.com

Dirut PT Aneka Gas Industri Tbk Heyzer Harsono (tengah), Wakil Dirut Rachmat Harsono (kanan) dan Komisaris Utama Arief Harsono, memberi keterangan pers seusai pengumuman penerbitan Obligasi dan Sukuk Ijarah melalui skema Penawaran Umum Berkelanjutan (PUB), di Jakarta, Kamis (27/4). PUB tahap I obligasi yang ditawarkan sebanyak Rp100 miliar, sedangkan Sukuk Ijarah Rp300 miliar.

28 Apr 2017

Aneka Gas Terbitkan Obligasi Rp 500 Miliar


News Source : www.finance.detik.com


PT Aneka Gas Industri, Tbk umumkan penerbitan Obligasi dan Sukuk Ijarah dengan target dana yang dihimpun masing-masing Rp500 miliar.

28 Apr 2017

Aneka Gas to issue Rp 400b in bonds and Islamic bonds


News Source : www.thejakartapost.com

East-Java based gas distributor PT Aneka Gas Industri plans to issue conventional bonds and Sukuk Ijarah (Islamic bonds) totaling Rp 400 billion within the next two years under the shelf registration issuance (PUB).

The company will offer Rp 100 billion in bonds and Rp 300 billion in Islamic bonds as part of its PUB. Both debts have secured an A-(idn) rating from PT Fitch Ratings Indonesia.

“The proceeds will be used for refinancing, working capital and reserves for future acquisition,” Rachmat Harsono, executive vice president of the publicly listed firm, said.

Click here to read more….

28 Apr 2017

Aneka Gas Industri to Raise Rp 400b From Bond Sale in May


News Source : www.jakartaglobe.id


Aneka Gas Industri, Indonesia’s largest supplier of industrial gas, is planning to raise Rp 400 billion ($30 million) from the sale of conventional bonds and Islamic bonds, also known as sukuk, in May to refinance debt.

Aneka Gas produces and distributes industrial gases, including oxygen, nitrogen, synthetic gas, fuel gas and medical gas, along with complimentary and installation equipment. The company’s products are used in various applications and industries, including health care, metallurgy, energy and infrastructure.

The company expects to raise Rp 300 billion from conventional bonds and a further of Rp 100 billion from sukuk, which will be sold with different maturity periods. The company will offer a three-year bond with a coupon of between 9.5 percent and 10.5 percent and a five-year bond with a coupon of between 9.75 percent and 10.75 percent.

Click Here to read more…

28 Apr 2017

Aneka Gas eyeing double digit revenue growth in 2017


News Source : www.thejakartapost.com

Publicly listed gas distributor PT Aneka Gas Industri is aiming for double-digit growth in its 2017 revenue, at around 20 to 30 percent, assuming the country’s gross domestic product (GDP) growth can be maintained at 5 to 6 percent this year.

Aneka Gas saw Rp 1.6 trillion (US$120.17 million) in total sales last year, a 15.75 year-on-year increase. Gas sales, which rose 13.87 percent to Rp 1.4 trillion, were the main driver of the growth.

Click here to read more…

18 Apr 2017

Summary Minutes AGMS AGII 25 April 2017


16 Mar 2017

PRESS RELEASE


PT Aneka Gas Industri Tbk (“AGII”) announces audited financial performance for Full Year 2016

JAKARTA, 16 March 2017 – PT Aneka Gas Industri, Tbk. (“AGII”) today released audited financial statements for the year ended on 31 December 2016.

Financial Highlights and Operational Indicators

AGII generated higher net revenue for the full year ended on December 31, 2016 of Rp224.695 million or around 15.75% to Rp1,651,136 million from Rp1,426,441 million for the full year ended on December 31, 2015. This higher net revenue was mainly due to the increase in gas product sales of Rp181,660 million or around 13.87% to Rp1,490,983 million that derived from volume growth of around 17.27%. Sales price of industrial gas throughout 2016 declined as a result of the impact from the product mix. However, equipment and services sales increased by Rp43,035 million or 36.75% to Rp160,153 million. This sales increase respectively derives from the start of operations from new plants in Java and outside of Java, thereby increasing the Company’s installed capacity volume by 29% (compared to that in 2015) as well as the rising demand from the medical sector in line with equipment installation associated with medical gases. The sales growth contribution in 2016 was mostly backed by the medical, infrastructure as well as the consumer goods sector, which accounted for around 25%-30% compared to 2015.

As a result of the significant sales growth, the Company also registered improved profitability ratios, namely in terms of its gross profit margin, EBITDA margin, EBIT margin and net profit margin for the year, which was respectively at 46.24%, 32,91%, 20.68%, and 3.89%.

The Company’s solvency ratio improved in 2016 compared to the previous year, which was caused by the Company’s total loans that registered a net decrease of Rp295 billion to Rp2,221,785 million thereby the Interest-bearing Debts/Equities ratio and Net Debts/Equities ratio as well as Interest-bearing Debt to EBITDA and Net Interest-bearing Debt to EBITDA improved respectively to 0.95x, and 0.78x as well as 4,71x and 3,84x. As a result, the Company still has ample room to utilize additional loans based on the financial covenants contained in our bank’s loan facility to date.

About PT Aneka Gas Industri Tbk:

PT Aneka Gas Industri Tbk (“AGII”), is the largest industrial gas company in Indonesia and is engaged in four business lines, namely: 1) industrial gas production, 2) industrial gas trading, 3) industrial gas equipment trading and 4) industrial gas equipment installation.

AGII is publicly listed on the Indonesian Stock Exchange and is majority owned by the Samator Group.

As of 31 December 2016, AGII had 44 industrial gas plants and 80 filling stations in 22 provinces across Indonesia.

For more information, please contact :
Corporate Secretary
Rachmat Harsono – Aneka Gas Industri
Tel: (62-21) 8370 9111
Email: corsec@anekagas.com

Investor Relations
Edison Bako
Tel: (62-21) 8370 9111 ext. 117
Email: edison.bako@anekagas.com

pdf version

05 Mar 2017

Raja Salman Menjamu 28 Tokoh Lintas Agama


JUM'AT, 03 MARET 2017 | 17:17 WIB TEMPO.CO, Jakarta - Lawatan hari ketiganya di Indonesia, Raja Salman bin Abdulaziz al-Saud dari Arab Saudi menjamu berbagai tokoh agama di Hotel Raffles, Jakarta, Jumat, 3 Maret 2017. Bukan hanya tokoh agama Islam yang ia jamu bersama Presiden Joko Widodo, namun juga tokoh dari agama lainnya.

“Pertemuan Raja Salman dengan tokoh-tokoh agama ini sangat istimewa karena dihadiri oleh 28 tokoh lintas agama,” kata Kepala Biro Pers Istana Kepresidenan Bey Machmudin dalam keterangan persnya.

Bey melanjutkan, bahwa ke-28 tokoh lintas agama yang dijamu Raja Salman itu berasal dari agama Islam, Kristen Protestan, Katolik, Buddha, Hindu, dan Konghucu. Adapun perinciannya adalah sembilan tokoh agama Islam, empat tokoh agama Kristen Protestan, empat tokoh agama Katolik, empat tokok agama Buddha, empat tokoh agama Hindu, dan tiga tokoh agama Konghucu.

“Tokoh dari agama Islam yang hadir adalah Din Syamsuddin, Azyumardi Azra, Kammarudin Amain, Alwi Shihab, Yenny Wahid, Abdul Mufti, Masyakuri Abdillah, Komarudin Hidayat, dan Yudie Latief,” ujar Bey, lebih lanjut. Bey menambahkan bahwa hari ini adalah hari terakhir Raja Salman di Jakarta sebelum bertolak ke Bali.

Berikut daftar nama tokoh agama lainnya:
1.Tokoh-tokoh yang mewakili agama Kristen Protestan yang hadir:
• Hanriette T. Hutabarat
• Pdt. Rony Mandang
• Pdt. Dr. Jacob Nahuway
• Gomar Gultom

2.Tokoh agama Kristen Katolik yang hadir:
• Mgr. Ignatius Suharyo Harjoatmojo
• Mgr. Antonius Subianto Osc
• Mgr. Paskalis Bruno Syukur Ofm
• Franz Magnis Suseno

3.Tokoh agama Buddha yang hadir:

• S. Hartati Tjakra Murdaya
• Bhikku Sri Pannyavaro
• Suhadi Sanjaya
Arief Harsono

4.Tokoh agama Hindu yang hadir:
• Mayjen TNI (Purn) Wisnu Bawa Tenaya
• Ir. Ketut Parwata
• Letjen TNI Purn Putu Soekreta Soeranta
• Made Gede Erata

5.Tokoh agama Konghucu yang hadir:
• Uung Sendana
• Ws. Budi Santoso Tanuwibowo
• XS Djangrana

Other news

1. Raja Salman-Stabilitas Indonesia
2. Tokoh Lintas Agama

01 Feb 2017

Analyst Coverage


SECURITIES ANALYST

The list of names, companies, contact details and recommendations of analysts that cover Aneka Gas as of April 2017 can be found here

23 Dec 2016

Fitch Revises Aneka Gas’ Outlook to Stable; Affirms ‘A-(idn)’


Fitch Revises Aneka Gas’ Outlook to Stable; Affirms ‘A-(idn)’

(DETAILED)

02 Dec 2016

PT Aneka Gas Industri Tbk stock included in Jakarta Islamic Index’s Computation


PT Aneka Gas Industri Tbk, stock included in Jakarta Islamic Index’s Computation (DETAILED)

29 Nov 2016

PT Aneka Gas Industri Tbk. (AGII) stock included in the list of Islamic Securities by OJK


Shares of PT Aneka Gas Industri Tbk. entered in the List of Islamic Securities (detailed)

26 Sep 2016

Decision of the Board of Commissioners of Financial Services Authority (Otoritas Jasa Keuangan)


11 Jul 2016

IFC Purchases Shares Worth $11 Million in Aneka Gas Industri


IFC Purchases Shares Worth $11 Million in Aneka Gas Industri to Support Development of Industrial Gas Plants in Indonesia Jakarta. The International Finance Corporation, the World Bank's financing arm for the private sector, has bought shares worth $11 million (Rp 143 billion), or equivalent to a 5.8 percent stake in Aneka Gas Industri, Indonesia's largest supplier of industrial gas, via an initial public offering.

IFC’s investment will support the development of the company’s new industrial gas plants and distribution facilities in Indonesia in Java, Sumatra, Kalimantan, Sulawesi, Bali and West Nusa Tenggara. Aneka Gas is officially listed on the Indonesia Stock Exchange (IDX) on Sept. 28. The company raised Rp 843 billion, lower than its initial IPO target of Rp 989 billion, and will use proceeds derived to expand its business and working capital and repay outstanding debts.

Aneka Gas expects to have 200 filling stations in 35 provinces by 2020. It now has 80 filling stations in 22 provinces.

“As the only industrial gas player with a nationwide distribution network, Aneka Gas is competitively positioned to take advantage of the growing demand throughout Indonesia, especially in underdeveloped provinces,” Aneka Gas executive vice president, Rachmat Harsono, said.

Aneka Gas claims to control 30 percent of the country’s business sector. It also dominates the healthcare market controlling 75 percent of the industry by supplying gas for medical purposes and related equipment to hospitals and health care facilities.

“Businesses supporting consumer and small and medium-sized enterprises, [or SMEs], are key drivers of job creation and growth for the economy, particularly in less developed frontier regions,” IFC’s country manager for Indonesia, Azam Khan, said in a statement on Wednesday (05/10).

Aneka Gas is the part of Samator Group established in 1975 in Surabaya, East Java. The company produces and distributes gases — ranging from oxygen, nitrogen and rare gas like xenon to fuel natural gas — widely used in a range of sectors including healthcare, construction, metallurgy, petrochemical and electronics.

IFC was established in Indonesia in 1968 and provided funds over $6.6 billion to finance private sector projects in the country over the past 47 years.

One of its biggest financing projects involved syndicated loans of more than $500 million last year to a chemical manufacturing company, Panca Amara Utama, for the development of an ammonia plant on Sulawesi island.

IFC also provides advisory services to the government and businesses on various projects in Indonesia, focused on promoting sustainable urbanization in Indonesia, reducing the impact of climate change and increasing income for rural citizens.

SOURCE

07 Sep 2015

AGI rides high on govt’s infrastructure development


Industrial gas producer Aneka Gas Industri (AGI) aims to benefit from the government’s efforts to boost infrastructure development nationwide by supplying gas to at least eight industrial sectors and developing hundreds of filling stations across the country following its initial public offering (IPO).

“Within the past three years, we have been expanding our business in accordance with the government’s effort to boost national development,” AGI vice president director Rachmat Harsono said in Jakarta recently.

“It’s still going to be the same, as we will keep serving eight industrial sectors by supplying various types of gases, like oxygen and nitrogen.”

AGI — a subsidiary of the diversified Samator Group that produces atmospheric gases, fuel gases and synthetic gases — has seen surging demand from various sectors recently, including transportation, construction and agriculture.

The development of basic infrastructure facilities has become one of the government’s top priorities to resolve the country’s inefficient logistics system and acute distribution bottlenecks that have seriously hampered economic development.

Earlier this year, the government issued two legal bases to expedite 225 projects listed as “national strategic projects” and a mega power plant project.

They comprise 225 projects across 13 sectors, such as railways and toll roads. The projects will receive special backing and attention from the government, as stipulated by a presidential regulation.

Rachmat said 36 percent of AGI’s revenue came from sales of its packaged gases, while 21 percent from the medical sector, 20 percent from the consumer goods sector, 14 percent from the infrastructure sector and the rest from other manufacturing sectors.

“Nitrogen is used to produce a high-grade precast concrete used for constructing tunnels, bridges and even the MRT [mass rapid transit] system. Meanwhile, oxygen can be used for combustion systems in smelters and also to produce steel,” Rachmat said.

Data from publicly listed concrete maker Waskita Beton Precast (WSBP) shows that the national demand for concrete is around 20 million to 25 million tons per year.

Moreover, Rachmat claimed that 80 percent of all hospitals across the country had ordered AGI’s oxygen products. The company also supplies carbon dioxide for carbonated drinks and nitrogen for snack packages.

AGI was officially listed on the Indonesia Stock Exchange’s (IDX) trading board on Wednesday, pocketing Rp 830 billion (US$64.08 million) in IPO proceeds, lower than the initial target of Rp 989 billion.

It has allocated 40 percent of the funds to pay internal debt, with another 40 percent for expansion and the remaining 20 percent for working capital. The expansion is aimed at increasing the number of its filling stations to 200 units by 2020 from 80 at present.

AGI currently operates 44 plants in 80 cities across 22 provinces and claims a 30 percent market share in the industry. It aims to book Rp 1.68 trillion in revenue this year, a 20 percent increase from Rp 1.4 trillion in 2015.

After the share sale, Samator group retains a 70 percent ownership of AGI. Aside from the gas business, the group controls several other companies in the real estate, automotive, chemical industry and financial services sectors.

SOURCE

16 Feb 2014

Air Battle in Indonesia


Industrial gas has a promising outlook. Who doesn't need gas?

Oxygen is needed by hospitals to take care sick people, nitrogen keeps your chips crisp till you tear the bag, car makers use acetylene for welding, and so on. As the economy grows, demand for industrial gases rises. Despite being the biggest player in the industry, the Samator group is innovating to maintain its leadership.

Through its wholly owned companies, PT Samator and PT Aneka Gas Industri, it now holds almost 50% of the market with estimated sales of almost Rp 2 trillion combined. His two closest competitors are multinational firms, France’s Air Liquide and Germany’s Linde group. “Competition is getting tougher and tougher,” says Rachmat Harsono, executive vice president of corporate finance and strategic planning for Samator, who is the son of Arief Harsono, the group’s founder. Samator group started in 1975. Its name comes from the name of the capital of East Kalimantan, Samarinda, and Toraja, an area in South Sulawesi. Arief had the idea to start the company while traveling between these two places.

Industrial gases are made using processes that are complex and capital intensive, and require highly skilled staff, thus making barriers to entry high for new players. Rachmat says some producers have recently dropped prices to gain market share. “The latest technology is more efficient, so costs can be lowered. But we rely heavily on electricity and electricity prices have increased. So when the price of industrial gasses is going down in the market, it is actually not healthy for the industry,” Rachmat says.

Source : Forbes Indonesia