JAKARTA - PT Griyainsani Cakrasadaya registered a mass purchase of 952,200 shares of PT Mitra Keluarga Karyasehat Tbk (MIKA) on January 24, 2025.

Jozef Darmawan, Director of PT Griyainsani Cakrasadaya, in the information disclosure today (14/2), reveals that the purchase was carried out in two different transactions on the same day.

The first transaction involved buying 400 thousand shares for IDR 2,360 each, while the second transaction reported purchases of 552.2 thousand shares for IDR 2,370.

Thus, total value of this shares purchase reached approximately IDR 2.2 billion.

This purchase reaffirms Griyainsani Cakrasadaya’s dominance as majority and controlling shareholder of MIKA, bringing total stakes to 8.91 billion shares, or equal to 64.05% of total shares listed on Indonesia Stock Exchange (IDX).

As of today (14/2), MIKA's shares have fallen by 1.6%, from IDR 2,520 per share to IDR 2,470 at the end of the first trading session. Since the start of 2025, the hospital's shares have also declined by 3.5% year-to-date (ytd).

This is despite MIKA's financial performance through Q3 2024, which showed a revenue growth of 14.6% year-on-year (yoy), with an EBITDA margin recorded at 37.7%.

Net profit also surged significantly, climbing 26.3% from IDR 742 billion to IDR 936 billion. This performance was supported by an increase in net profit margin from 23.5% to 25.9%. (EF/ZH)