JAKARTA – PT XL Axiata Tbk (EXCL) shifted positively this morning (4/12) amid the news of Dian Siswarini’s resignation as President Director of EXCL circulating since yesterday (3/12). Investors seem to not mind Siswarini’s decision to leave EXCL.

Based on IDNFinancials data, EXCL reported fluctuations from the opening bell to 12 PM WIB today (4/12), whilst still remained in the green zone.

At 9 AM WIB, EXCL opened at IDR 2,240, before climbing to IDR 2,260 per share at 11.30 AM WIB. Until this morning, its shift had reached 3.19% from IDR 2,190 per share recorded last week (25/11).

“The plan will be decided during Extraordinary General Meeting of Shareholders,” claimed Ranty Astari Rachman, Corporate Secretary of EXCL, in the information disclosure.

The company reported growth as of 9M 2024 compared to 9M 2023. Net profit reached IDR 1.31 trillion, up from IDR 999.9 billion, driven by revenue growth from IDR 23.86 trillion to IDR 25.36 trillion. (LK/ZH)