JAKARTA – The shares of PT DCI Indonesia Tbk (DCII) have continued to show significant upward momentum since the beginning of 2025. On Thursday (20/2), the data centre company's share price surged by 19.99% to IDR 67,225 per share.

This price surge makes DCII one of the highest-valued stocks on the Indonesia Stock Exchange (IDX). To improve liquidity and attract more retail investors, DCII's management is considering a stock split.

"Regarding the stock split, we are currently reviewing the option," said Otto Toto Sugiri, President Director of DCII, during an interview with the media on Tuesday (18/2).

A potential stock split could make DCII’s share price more accessible to investors and boost trading volume in the stock market.

According to data from IDNFinancials.com, DCII reported a net profit of IDR 449 billion in its third-quarter 2024 financial report, a 21.44% increase year-on-year (yoy) compared to IDR 370 billion in the same period the previous year.

On the revenue side, by the end of Q3 2024, DCII's revenue grew by 15% yoy to IDR 1.1 trillion, compared to IDR 958 billion in Q3 2023.

Meanwhile, as of September 2024, DCII's total equity rose by 20.36% to IDR 2.66 trillion compared to IDR 2.20 trillion recorded at the end of 2023, while liabilities decreased by 10.2% to IDR 1.32 trillion. (DK/ZH)