The youngest, BTPS secures 2 categories in Indeks52
JAKARTA - PT Bank BTPN Syariah Tbk (BTPS), the sharia business unit of Bank BTPN, manages to be listed under two categories of Indeks52, Main Index and High Growth.
Indeks52, a collaboration between Tempo.co and IDNFinancials recently launched last week (23/6), has four categories, consisting of Main Index, High Dividend, High Growth, and Big Market Cap. These 52 constituents of indexa are narrowed down after screening all publicly listed issuers on Indonesia Stock Exchange (IDX) with various criteria, including market capitalisation, minimum free float of 7.5%, financial performance, and IPO date.
It is worth mentioning that with its debut year in 2018, BTPS is officially the youngest issuer in Indeks52. Nevertheless, its CAGR (compound annual growth rate) of the revenue, operating profit, and net profit are recorded reaching double digit, arriving at 11.59%, 13.01%, and 14.92%, respectively.
Until the end of Q1 2023, BTPS’s revenue clocked up to IDR 1.38 trillion, shifting from IDR 1.25 trillion in the same quarter in 2022. The company also posted net profit increase from IDR 411 billion to IDR 424.72 billion at the end of March 2023. (ZH)