Three insurance companies reported jumbo net profit in Q1 2024
02 Jul 2024 11:46
Three out of 18 listed insurance companies with market cap of over IDR 3.5 trillion are revealed to score impressive net profit in Q1 2024.
Aiming for 4.8 million tons production, CITA allocates capex of IDR 282 billion
28 Jun 2024 15:29
PT Cita Mineral Investindo Tbk (CITA) allocates capital expenditure (capex) of IDR 282 billion for 2024, according to the directors’ explanation during 2024 Annual Public Expose of CITA today (28/6).
Eyeing 7% growth, DVLA prepares capex of IDR 209 billion
11 Jun 2024 17:31
PT Darya-Varia Laboratoria Tbk (DVLA) is reportedly preparing capital expenditure (capex) budget worth IDR 209 billion for 2024, which will mostly be allocated for expansion.
Starlink enters Indonesia, Mitratel reveals plans
02 Jun 2024 11:41
PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, does not seem bothered with Starlink entering Indonesia’s premises, and is reported to have agreed upon partnership with this satellite connection provider owned by Elon Musk.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
Coal mining companies’ face-off: ADRO reigns supreme in Q1 2024
29 May 2024 15:51
PT Adaro Energy Indonesia Tbk (ADRO) booked the highest net profit in Q1 2024 among four coal mining companies with the highest market capitalisation of over IDR 60 trillion as of May 28, 2024.
Capital outflow continues until the 5th week, reaching IDR40.04 trillion
29 Apr 2024 12:34
Bank Indonesia (BI) noted that the flow of foreign capital out of Indonesia (capital outflow) in the last 5 weeks reached IDR 40.04 trillion, due to the high net sell by foreign investors.
Net Visi Media to inject subsidiary with IDR 822.59 billion to pay off loan
16 Apr 2024 09:18
PT Net Visi Media Tbk (NETV) has reportedly channelled an advanced pay of capital investment to one of its subsidiaries, PT Net Mediatama Televisi (NMT), worth IDR 822.59 billion, which will be used to pay off maturing loan.
Slipping, BREN is now the third highest market cap
05 Feb 2024 15:51
Market capitalisation of PT Barito Renewable Energy Tbk (BREN) is slipping to the third position out of the top 10 market cap in January 2024 from the runner-up title it secured in December 2023.
AKRA vs MEDC, market-cap giants of oil and gas industry
18 Jan 2024 15:12
PT AKR Corporindo Tbk (AKRA) and PT Medco Energi Internasional Tbk (MEDC) recorded highest market capitalisations among their competitors in the oil and gas industry in 2023.
