Inflation sloped in July 2024
02 Aug 2024 16:11
Statistics Indonesia (BPS) reported inflation arriving at 2.13% in July 2024, sliding down from July 2023’s position at 3.08%.
Esta Indonesia to set IPO price high at IDR 200 per share
02 Aug 2024 15:50
PT Esta Indonesia Tbk (NEST), a swallow’s nest manufacturer and wholesale company, has set the initial public offering (IPO) price to IDR 200 per share.
Recording 6% revenue growth, HOKI turned the tides to profitability
02 Aug 2024 15:32
Revenue of PT Buyung Poetra Sembada Tbk (HOKI), a rice manufacturer known with its brand, Topi Koki, reportedly increased slightly by 6% year-on-year (yoy) to IDR 744 billion at the end of the first half (H1) of 2024.
Revenue slowed down, Sari Kreasi Boga’s net profit plummeted 90%
02 Aug 2024 14:56
PT Sari Kreasi Boga Tbk (RAFI), the managing company of Kebab Turki Baba Rafi franchise, only managed to bag net profit of IDR 9.08 billion in the first half of 2024.
Adira Finance saw profit shrinkage due to swelling expenses
02 Aug 2024 14:27
The revenue of PT Adira Dinamika Multifinance Tbk (ADMF) reportedly increased 10.68% year-on-year (yoy) in H1 2024, while its profit sloped 6.58% yoy due to a 16.32% yoy increase in total expenses.
Approved, Bank Commonwealth officially merges into Bank OCBC NISP
02 Aug 2024 14:05
After the green light from shareholders, PT Bank OCBC NISP Tbk (OCBC) now officially merges PT Bank Commonwealth (PTBC) with the company.
CLEO’s profit soared 71% in H1 2024
02 Aug 2024 14:01
PT Sariguna Primatirta Tbk (CLEO), a bottled mineral water manufacturer known with its brand, Cleo, reported net profit of IDR 220.22 billion in the first half of 2024.
Indofarma still on loss streak until H1 2024
02 Aug 2024 13:01
PT Indofarma Tbk (INAF), a state-owned pharmaceutical company owned through PT Bio Farma (Persero), booked a loss of IDR 101.94 billion in the first half (H1) of 2024.
Revenue doubled, SUNI met its 2024 profit target early
02 Aug 2024 10:37
PT Sunindo Pratama Tbk (SUNI), an oil country tubular goods (OCTG) manufacturer, booked revenue of IDR 522.4 billion in the first half of 2024, nearly double the revenue seen in H1 2023 of IDR 263.2 billion, or increasing 98.6% year-on-year (yoy).
Bumi Serpong Damai to gain control over SMDM
02 Aug 2024 09:59
PT Bumi Serpong Damai Tbk (BSDE) reportedly will claim the controlling shareholder position in PT Suryamas Dutamakmur Tbk (SMDM), another real estate management and developer.