ADHI’s profit soared 163%, scoring IDR 214 billion
08 Mar 2024 12:19
Net profit of PT Adhi Karya (Persero) Tbk (ADHI) reportedly increased 163% year-on-year (yoy) to IDR 214 billion in 2023 from the net profit in 2022 of IDR 81.24 billion.
Losses worsened, Sepatu Bata divests assets for IDR 64 billion
08 Mar 2024 09:38
PT Sepatu Bata Tbk (BATA) has divested its assets, in the form of land and building in South Jakarta titled Graha Bata, with transaction value of IDR 64 billion.
Indonesian gov't to seek IDR 24 trillion in next week's SUN auction
08 Mar 2024 09:07
The Indonesian government will hold another auction of Government Securities (SUN) next Wednesday (13/3), with an indicative target of IDR 24 trillion.
VKTR's net profit dropped 89% due to high operational expenses
08 Mar 2024 08:14
PT VKTR Teknologi Mobilitas Tbk (VKTR), Bakrie Group's electric vehicle (EV) trading and manufacturing company, reported net profit of IDR 5.43 billion throughout 2023.
Indodana Finance to work with BTPN to extend service range
07 Mar 2024 17:42
PT Indodana Multi Finance (Indodana Finance), a fintech company formerly known as Triprima Multifinance, announced its latest partnership with PT Bank BTPN Tbk (BTPN) to expand the scope of its service.
Focusing on commercial and SMEs, PermataBank to aim credit growth of 7% to 9%
07 Mar 2024 16:58
After scoring slight increase in credit in 2023, PT Bank Permata Tbk (BNLI) sets up a moderate target for its credit growth in 2024 of 7% to 9%.
Lontar Papyrus offers IDR 1.17 trillion bonds with highest coupon of 11.25%
07 Mar 2024 14:02
PT Lontar Papyrus Pulp & Paper Industry, a pulp and tissue producer owned by the Sinarmas Group, will issue Shelf Registration Bonds II Phase III/2024 with a principal amount of IDR 1.17 trillion.
Zurich Assets now owns 6.74% of Estee Gold Feet (EURO) after purchasing 171 million shares
07 Mar 2024 13:58
By acquiring 171.78 million shares through PT Danatama Makmur Sekuritas on Tuesday, March 5, foreign investor Zurich Assets International Ltd. became a new investor in PT Estee Gold Feet Tbk (EURO). This investor currently owns 6.74% of the company that provides aerosol filling services.
BUMA secures facility to pay off loans
07 Mar 2024 12:45
PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT Delta Dunia Makmur Tbk (DOID), obtained an approval regarding the amendment and the transfer of loan facility from two of its creditors, PT Bank Negara Indonesia (Persero) Tbk (BBNI) and PT Bank Mandiri (Persero) Tbk (BMRI).
Foreign buy volume almost hit 4 billion shares, with a net foreign surplus of 36.65 million shares
07 Mar 2024 12:24
Foreign buying volume on Wednesday, March 6, nearly approached 4 billion shares, or 3.90 billion shares to be exact. With a foreign sales volume of 3.86 billion shares, net foreign ended up with a 36.65 million-share surplus. The purchase of 147.46 million shares of coal mining company PT Bumi Resources Tbk (BUMI), for a net volume of 120.58 million shares, began the list of share purchase transactions.
