INDY branches out to fuel trading
10 Dec 2024 10:48
PT Indika Energy Tbk (INDY) is further diversifying its business portfolio by entering the fuel trading sector, aiming to support future revenue growth.
Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
INDY saw 63.33% downturn in profit until Q3 2024
01 Nov 2024 12:40
The profit of PT Indika Energy Tbk (INDY) plummeted 63.33% year-on-year (yoy) at the end of Q3 2024 compared to Q3 2023.
INDY’s subsidiary to divest 60% in MEA
08 Oct 2024 10:22
PT Indika Indonesia Resources (IIR), a subsidiary of PT Indika Energy Tbk (INDY), has divested 60% of PT Mitra Energi Agung (MEA) to PT Niaga Gilang Persada (NGP).
Indika Energy to divest subsidiary to Barito Group
01 Oct 2024 08:27
PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL).
Indika Energi’s subsidiary to establish new subsidiary, investing IDR 6.25 billion
12 Aug 2024 11:02
PT Indika Energi Tbk (INDY), through two of its subsidiaries, PT Kalista Soter Hastia (KSH) and PT Kalista Nusa Armada (KNA), will form a new subsidiary with total investment worth IDR 6.25 billion.
Indika Energy’s net profit plummeted 76.6% in the first half
01 Aug 2024 12:53
PT Indika Energy Tbk (INDY) only managed to record net profit of USD 21.01 million in the first half (1) of 2024, down 76.6% year-on-year (yoy) from the same period last year.
Maybank Sekuritas Indonesia now owns 18.42% of Dosni Roha (ZBRA)
19 Jul 2024 15:21
The end-to-end supply chain solutions provider PT Dosni Roha Indonesia Tbk (ZBRA) welcomed PT Maybank Sekuritas Indonesia as an investor on July 12. Immediately, this new investor purchased 462.54 million ZBRA shares, or around 18.42% of the company. On the other hand, PT Trinity Healthcare, ZBRA's controller, sold 220.44 million shares, resulting in a drop in ownership from 70.79% to 62.01%.
Indika Energy issues IDR 5.64 trillion bonds
16 May 2024 12:30
PT Indika Energy Tbk. (INDY) issued bonds worth US$350 million or around IDR 5.64 trillion (Jidor exchange rate IDR 16,131/dollar) with interest of 8.75% per year, marking the first high yield in Indonesia and Asean in 2024.
