ICBP’s profit hit the highest in 4 years, scoring IDR 6.99 trillion
26 Mar 2024 07:15
PT Indofood CBP Sukses Makmur Tbk (ICBP), a processed food manufacturer under Salim Group, recorded net profit of IDR 9.26 trillion in 2023.
Economy improving, Kurniamitra Duta Sentosa’s profit up 6.95%
26 Mar 2024 06:15
PT Kurniamitra Duta Sentosa Tbk (KMDS) booked net profit of IDR 51.23 billion throughout 2023, increasing 6.95% year-on-year (yoy) due to Indonesia’s recovering economy post-COVID-19 pandemic.
Another 16.5 million Bakrie Sumatra Plantation shares purchased by Paradiso Resources (UNSP)
25 Mar 2024 18:53
On Thursday, March 21, Paradiso Resources Ltd. added approximately 16.5 million more shares of PT Bakrie Sumatra Plantations Tbk (UNSP) after purchasing nearly 17 million shares on the previous trading day. PT Samuel Sekuritas Indonesia was the facilitator behind the transaction, which increased Paradiso's ownership stake in UNSP from 6.07% to 6.73%. Additionally, PT Solusi Bangun Indonesia Tbk (SMCB), a company in the building materials industry, received 232,700 shares of new investment from foreign investor Taiheiyo Cement Corporation, and PT Maskapai Reinsurance Indonesia Tbk (MREI), a reinsurance company, had 20,000 shares purchased by Bank of Singapore Limited.
City Vision and Transjakarta to offer new bus shelter ads experience
25 Mar 2024 18:34
City Vision, an Out-of-Home (OOH) media company under Saratoga Group, collaborates with PT Transjakarta to offer a new kind of advertisement by providing an immersive brand experience at bus shelters.
Sumitomo Mitsui Bank acquires 268 million shares of Bank BTPN
25 Mar 2024 18:29
On Tuesday, March 19, as many as 268.48 million BTPN shares were purchased by Sumitomo Mitsui Banking Corporation - Equity, the controlling shareholder of PT Bank BTPN Tbk (BTPN). Sumitomo Mitsui's ownership stake has now slightly increased to 91.05%. PT Bank HSBC Indonesia facilitated the share purchase by this Japanese investor
Govt announces 14 new PSNs, 2 located in PIK 2 and BSD
25 Mar 2024 17:11
The Indonesian government has approved 14 new National Strategic Projects (PSN), through an internal meeting chaired by President Joko Widodo and attended by his cabinet last week.
Bukalapak suffers IDR 1.36 trillion loss
25 Mar 2024 16:45
PT Bukalapak.com Tbk (BUKA), an e-commerce platform, lost IDR 1.36 trillion, despite posting a 22.66% increase in revenue throughout 2023. In 2022, the company made a profit of IDR 1.98 trillion, recovering from its performance in 2021, which suffered a loss of IDR 1.67 trillion.
In need of additional capital, ENVY to carry out 2.51 billion shares rights issue
25 Mar 2024 15:26
PT Envy Technologies Indonesia Tbk (ENVY), an information technology services and trading company, will carry out a Capital Increase by providing Pre-emptive Rights (PMHMETD) or a rights issue of 2.51 billion new shares.
Up 19.8% Sumber Alfaria Trijaya’s net profit hit IDR 3.48 trillion
25 Mar 2024 14:54
PT Sumber Alfaria Trijaya Tbk (AMRT), the managing company of Alfamart and Alfamidi convenience store network, revealed net profit worth IDR 3.48 trillion in 2023.
2023, MBAP’s net profit shrank 87.91%
25 Mar 2024 10:07
The profit of PT Mitra Bara Adiperkasa Tbk (MBAP) slipped down 87.91% year-on-year (yoy) in 2023 from 2022, in which it scored 78.38% yoy surge from 2021.