Operational cost swelled, INET’s net profit shrank 56.9%
16 Apr 2024 09:54
PT Sinergi Inti Andalan Prima Tbk (INET) recorded net profit of IDR 875.6 million throughout 2023, down 56.9% year-on-year (yoy) from IDR 1.37 billion.
Enhancing power plant business, ITMA to acquire 3 PLTU
02 Apr 2024 14:09
PT Sumber Energi Andalan Tbk (ITMA), a mining and energy company, previously known as Itama Ranoraya, has acquired 25% of PT Oksigen Natural Esa (ONE) from 1st Finansial Company Limited (FFCL).
Net profit soars 38.6%, SUNI to expand plant and operate JV
01 Apr 2024 18:01
PT Sunindo Pratama Tbk (SUNI), an OCTG pipeline producer focused on the oil and gas industry, recorded a 38.6% year-on-year (yoy) increase in net profit to reach IDR 100.9 billion at the end of 2023.
Operational expenses swelled, Charoen Pokphand’s profit down 20.8%
27 Mar 2024 08:04
PT Charoen Pokphand Indonesia Tbk (CPIN), an animal feed and agriculture company, only recorded net profit of IDR 2.31 trillion in 2023, down 20.8% year-on-year (yoy).
Chandra Asri to sign salt offtake agreement with BCI Minerals
21 Mar 2024 13:47
PT Chandra Asri Pacific Tbk (TPIA) and BCI Minerals Limited (BCI) have signed a salt binding offtake agreement from Madrie Salt project owned by BCI.
Mandala Finance has an “idAAA” rating after MUFG and Adira Finance’s acquisition
21 Mar 2024 12:48
Pemeringkat Efek Indonesia (Pefindo) has upgraded the rating of PT Mandala Multifinance Tbk (MFIN) or Mandala Finance to “idAAA” with “stable” prospect, as well as “idAAA” and “idAAA(sy)” ratings for currently existing bond and sukuk.
Mandom Indonesia’s profit soared 106% in 2023
19 Mar 2024 13:26
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, booked net profit of IDR 38.12 billion in 2023, soaring 106% year-on-year (yoy) higher.
Chandra Asri to divest several businesses, from port to storage
15 Mar 2024 16:40
PT Chandra Asri Pacific Tbk (TPIA), a petrochemical company under Barito Pacific Group, will divest several of its business lines in order to optimise assets.
New record, DUTI’s net profit soared 42.66% in 2023
15 Mar 2024 06:34
PT Duta Pertiwi Tbk (DUTI), a real estate and property company under Sinarmas Group, booked net profit of IDR 1.07 trillion throughout 2023, up 42.66% year-on-year (yoy).
SHIP’s subsidiary to secure facility of USD 32.85 million from Bank Mandiri
13 Mar 2024 16:01
PT Golden Benua Maritim (GBM), one of many subsidiaries of PT Sillomaritime Perdana Tbk (SHIP), has signed a credit facility agreement with PT Bank Mandiri (Persero) Tbk (BMRI).
