MBI to Pay Dividend Worth Rp.66.6 Billion The Jakarta Post, page 13, 2006-05-16
PT Multi Bintang Indonesia (MBI) will distribute a final dividend worth Rp.66.6 billion (US$ 7.6 million, or Rp.3,165 per share) to its shareholders next month. In October last year, MBI paid out an interim dividend of Rp.42.14 billion, the equivalent of Rp.2,000 per share, bringing its total dividend payments to Rp.108.8 billion, or Rp.5,165 per share.
The company’s net profit dropped 0.34 percent from Rp.87.3 billion in 2004 to Rp.87 billion in 2005, even though its net sales jumped 19 percent from Rp.710 billion to Rp852 billion. This year, a stable growth in MBI’s production is expected despite the expected increase in operating costs as a result of higher fuel prices.
Most MBI products hold dominant positions in the domestic market. Heineken holds between 40 and 50 percent of the premium beer market, Bir Bintang about 60 percent of the standard beer market, and Guinness 80 percent of the stout market.
The overall beer market in Indonesia increased slightly over the past three years from 1.4 million hectolitres (hl) in 2003 to 1.6 million hl in 2004, and 1.8 million hl in 2005.
Bir Bintang Aims to Maintain Position Bisnis Indonesia, page T8, 2006-03-28
Bir Bintang aims at maintaining its position as the market leader with a market share of 75 percent through its newest promotion slogan Nge-Bintang Yo! Despite the fact that the national economy is currently non-conducive, Bir Bintang’s market has not been effected. In Bali, during the tourism slump, Bir Bintang still remained the market leader by 95 percent.
Multi Bintang Indonesia Tbk., PT [Tangerang Factory]