VKTR's net profit dropped 89% due to high operational expenses
08 Mar 2024 08:14
PT VKTR Teknologi Mobilitas Tbk (VKTR), Bakrie Group's electric vehicle (EV) trading and manufacturing company, reported net profit of IDR 5.43 billion throughout 2023.
Focusing on commercial and SMEs, PermataBank to aim credit growth of 7% to 9%
07 Mar 2024 16:58
After scoring slight increase in credit in 2023, PT Bank Permata Tbk (BNLI) sets up a moderate target for its credit growth in 2024 of 7% to 9%.
BEKS gained profit of IDR 26.59 billion
06 Mar 2024 16:45
PT Bank Pembangunan Daerah Banten Tbk (BEKS) managed to turn the tide, scoring profit of IDR 26.59 billion in 2023, improving from 2022’s loss of IDR 239.28 billion.
Up 21.12%, Adira Finance bagged IDR 1.94 trillion of profit
06 Mar 2024 10:08
PT Adira Dinamika Multi Finance Tbk (ADMF) reportedly secured net profit of IDR 1.94 trillion throughout 2023, increasing 21.12% from the net profit in 2022 of IDR 1.60 trillion.
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.
Revenue strengthened, BFIN’s net profit slipped 9% in 2023
26 Feb 2024 10:06
Although its revenue grew by a double digit, PT BFI Finance Indonesia Tbk (BFIN) failed to record the same win for its net profit at the end of 2023, booking net profit of only IDR 1.6 trillion or 9% year-on-year (yoy) decrease.
Indomobil and VKTR Teknologi Mobilitas to accelerate EC adoption
22 Feb 2024 08:45
PT IMG Sejahtera Langgeng (IMGSL), a subsidiary of PT Indomobil Sukses Internasional Tbk (IMAS), has signed a strategic partnership agreement with PT VKTR Teknologi Mobilitas Tbk (VKTR).
Jokowi reshuffles cabinet again, installing 2 former armed forces
21 Feb 2024 11:21
President of Republic of Indonesia, Joko Widodo (Jokowi), once again reshuffles its ministers by appointing 2 former personnels of Indonesian National Armed Forces (TNI) as Coordinating Minister of Political, Legal, and Security Affairs and Minister of Agrarian Affairs and Spatial Planning.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
Up 25.51%, IIF scored IDR 104.15 billion of profit
16 Feb 2024 12:42
PT Indonesia Infrastructure Finance (IIF) recorded 25.51% net profit surge to IDR 104.15 billion in 2023 from IDR 82.98 billion in 2022.
