ASII’s top segments slowed down, Q1 2024 performance slipped
30 Apr 2024 16:49
The net profit of PT Astra International Tbk (ASII) slipped 14% year-on-year (yoy) to IDR 7.5 trillion at the end of the first quarter of 2024.
ASII readies IDR 17 trillion of dividend this May
30 Apr 2024 16:41
Annual General Meeting of Shareholders (AGMS) of PT Astra International Tbk (ASII) agreed upon the allocation of final dividend of IDR 21 trillion or IDR 519 per share for the fiscal year 2023, which will be paid on May 30, 2024.
ELSA booked net profit of IDR 183 billion in Q1
30 Apr 2024 15:59
Although the revenue of PT Elnusa Tbk (ELSA) was seen declining in Q1 2024 compared to the same period in 2023, its profit skyrocketed 59.41% year-on-year (yoy).
Roket Cipta Sentosa becomes Cardig Aero (CASS) controller after purchasing more than 1 billion shares
30 Apr 2024 14:46
On Thursday, April 25, PT Cardig Aero Services Tbk (CASS) welcomed PT Roket Cipta Sentosa as a new investor and controlling shareholder. Without hesitation, this investor purchased 1.06 billion shares of the holding company that supports airport service, acquiring 51% ownership. This transaction was handled by PT Trimegah Sekuritas Indonesia Tbk. In contrast, another CASS investor, SATS Ltd., S/A Cemerlang Pte. Ltd., reduced its ownership. This investor sold approximately 205.63 million shares, reducing its stake to around 10.15%.
Automotive industry struggled, Adira Finance only scored 3% growth in new financing
30 Apr 2024 14:27
PT Adira Dinamika Multi Finance Tbk (ADMF) saw 3% year-on-year (yoy) growth in its new financing to IDR 10.9 trillion in the first quarter (Q1) of 2024, a moderate growth due to stagnant automotive industry.
DSNG secured profit of IDR 229 billion
30 Apr 2024 14:06
As of Q1 2024, PT Dharma Satya Nusantara Tbk (DSNG) managed to score IDR 229 billion of net profit, while sales clocked up to IDR 2.23 trillion.
TOBA and PLN NP’s subsidiaries to form a JV
30 Apr 2024 13:00
PT Batam Tirta Surya (BTS) and PT PLN Nusantara Renewables (PLN NR) will form a joint venture engaged in the renewable energy sector.
Surpassing BCA, BREN holds the highest market cap title
30 Apr 2024 12:46
Market capitalisation of PT Barito Renewable Energy Tbk (BREN) has surpassed PT Bank Central Asia Tbk (BBCA), arriving as the top market capitalisation in Indonesia Stock Exchange (IDX) yesterday (29/4).
Ramayana Lestari Sentosa’s net profit multiplied 2.5 times in Q1 2024
30 Apr 2024 12:35
PT Ramayana Lestari Sentosa Tbk (RALS), the managing company of Ramayana and Robinson Department Stores, booked significant growth in its net profit in Q1 2024.
Remala Abadi to set IPO price of IDR 188 per share
30 Apr 2024 11:00
PT Remala Abadi Tbk (DATA), an internet service provider (ISP) and IT consultant company, has set the price for its initial public offering (IPO) to IDR 188 per share.
