Revenue slowing down, Golden Eagle Energy’s profit slipped 32.5%
28 Feb 2024 07:29
PT Golden Eagle Energy Tbk (SMMT), a coal mining company under Geo Energy Resources from Singapore, recorded net profit of IDR 244.44 billion throughout 2023.
SUN auction today reaches IDR61.04 trillion
27 Feb 2024 19:59
The number of bids entered in the auction of Government Securities (SUN) on Tuesday (27/2) today reached IDR 61.04 trillion, according to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance.
Insurance companies prefer to invest in SBN
27 Feb 2024 18:54
The life insurance industry recorded total investment assets placed in government securities (SBN) reaching IDR 182.23 trillion. This amount is equivalent to 33.67% of the assets of the insurance industry incorporated in the Indonesian Life Insurance Association (AAJI).
Astra net profit jumps 17%, ready to distribute dividend IDR 421 per share
27 Feb 2024 18:47
PT Astra International Tbk (ASII) recorded a consolidated net profit of IDR 33.84 trillion by the end of 2023. The growth in profit performance was dominated by the infrastructure and logistics, financial services, and automotive business lines.
BBN becomes KETR's new controller
27 Feb 2024 17:02
PT Bahtera Bintang Nusantara (BBN) will become the new indirect controller of PT Ketrosden Triasmitra Tbk (KETR) after the mandatory tender of 300,979,000 shares.
Bank Sumut to set up dividend of IDR 592.06 billion
27 Feb 2024 16:40
PT Bank Pembangunan Daerah Sumatera Utara (BSMT) plans a distribution of cash dividend of IDR 592.06 billion or 80% of total net profit in 2023 of IDR 740.07 billion.
UNTR’s profit down 3.75% to IDR 22.13 trillion
27 Feb 2024 16:22
The revenue of PT United Tractors Tbk (UNTR) grew 4.02% year-on-year (yoy), but the profit slowed down 3.75% yoy throughout 2023.
Fibre optic idle, IBST and MORA enter affiliate transaction
27 Feb 2024 16:07
PT Inti Bangun Sejahtera Tbk (IBST) is initiating an affiliate transaction with PT Mora Telematika Indonesia Tbk (MORA) or Moratelindo regarding sale and purchase of fibre optic worth IDR 15.7 billion.
Life insurance premium hit IDR 177.66 trillion in 2023, down 7.1%
27 Feb 2024 15:31
Indonesian Life Insurance Association (AAJI) recorded insurance premium of all industry players reaching IDR 177.66 trillion throughout 2023. This premium income was 7.1% lower than the same period in 2022.
Operating expenses soar, Matahari's net profit slumps 51.2%
27 Feb 2024 14:38
The net profit of PT Matahari Department Store Tbk (LPPF), a retail company owned by the Lippo Group, fell by 51.2% throughout 2023 due to high operating expenses.
