One of the state-owned company, PT Rajawali Nusantara Indonesia (RNI), finally able to make a profit to Rp 450 billion.

One of the state-owned company, PT Rajawali Nusantara Indonesia (RNI), finally able to make a profit to Rp 450 billion.

One of the state-owned company, PT Rajawali Nusantara Indonesia (RNI), finally able to make a profit to Rp 450 billion. It recently consolidated earnings results, estimated future net profit of Rp 300 billion.

It is a spectacular achievement for RNI because for 48 years of existence, many companies engaged in the sugar industry has never recorded a spectacular profit. RNI highest profit of Rp 118 billion in 2009, it was because no sale of assets, not a business operating profit. Previously, the consolidated always under $ 100 billion.

In 2011, PT RNI posted a loss of Rp 68.4 billion. However, after the SOE Minister Dahlan Iskan remodel PT RNI directors in March 2012, the performance of the company skyrocketed.

"Alhamdulillah, RNI performance up to 500 percent in just nine months. This is beyond expectations of shareholders (the minister)," said President Director of PT RNI Ismed Hasan Putro, during a visit to New Temples Sugar Factory in Sidoarjo, East Java, on Monday ( 12.31.2012).

According Ismed, corporate profits are also perceived by employees. They get a rise in production services or jasprod great. In fact, employees of the sugar factory in Malang under Rajawali I, can earn up to 15 times the salary jasprod.

"Production services that will be distributed later in January 2013," said Ismed.

The increase in production services was felt by all employees, from the level of leadership, general manager, to the driver. There are four companies that have contributed to the profit of RNI, the sugar factory (Eagles I and II), oil companies (Mitra Ogan) in South Sumatra, pharmaceutical companies (Phapros), and PT Nusindo.

Of the four companies, sugar mills accounted for 70 percent of the profits. In fact, continued Ismed, Rajawali I which manages three sugar factories in East Java were able to reap profit to Rp 190 billion.

Ismed explains the strategy pursued RNI new management there are four things. First, the efficiency strictly. Second, do a new strategy in the sale of sugar to enter the retail market. Third, changing the working culture. Fourth, eliminate cultural ngentit (steals) sugar, procurement, and others.

According Ismed subsidiary, the company is still loss is leather factory (PT Tanjung Sari) and a condom factory in Banjaran, Bandung regency, West Java.