VKTR and Pertamina establish joint venture for electric vehicle business
19 Mar 2024 19:17
PT VKTR Teknologi Mobilitas Tbk (VKTR) has signed a partnership with PT Pertamina Power Indonesia (PPI), a subsidiary of PT Pertamina (Persero).
TPIA to spin-off subsidiary in port business
18 Mar 2024 13:08
PT Chandra Asri Pacific Tbk (TPIA) will separate PT Chandra Pelabuhan Nusantara (CPAT), its business line in the port, harbour, and storage service, from itself.
BSML to set up rights issue of 400 million shares
15 Mar 2024 10:00
PT Bintang Samudera Mandiri Lines Tbk (BSML) will initiate a rights issue of 400 million shares, the proceeds of which will be used to pay off some of its obligations.
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).