Weak coal industry, TEBE readies diversification
08 May 2024 14:03
PT Dana Brata Luhur Tbk (TEBE) recorded a significant decline in revenue in Q1 2024 by up to 42.3% year-on-year (yoy) due to slowing-down of coal industry.
Xolare RCR Energy set IPO price to the highest, IDR 110 per share
03 May 2024 11:22
PT Xolare RCR Energy Tbk (SOLA), an asphalt manufacturer and construction service provider, has set the IPO price to IDR 110 per share, right at the highest range set during the book building phase.
Pertamina Geothermal Energy maintains impressive profitability in Q1 2024
02 May 2024 10:30
PT Pertamina Geothermal Energy Tbk (PGEO), a renewable energy company under PT Pertamina (Persero), scored net profit of USD 47.49 million in the first quarter of 2024, up 1.17% year-on-year (yoy) or from the same quarter last year.
Xolare Rcr Energy seeks up to IDR 72.18 billion in IPO
18 Apr 2024 05:44
PT Xolare Rcr Energy Tbk (SOLA), an asphalt wholesale and construction service company, will offer 656.25 million shares via Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX).
Barito Renewables Energy’s revenue saw 4.4% climb in 2023
19 Mar 2024 09:55
PT Barito Renewables Energy Tbk (BREN), one of Prajogo Pangestu’s companies under Barito Group, has managed to boost its revenue in 2023 by 4.4% year-on-year (yoy) to USD 594.94 million.
United Tractors acquires geothermal company for IDR 1.26 trillion
08 Mar 2024 16:21
JAKARTA. PT United Tractors Tbk (UNTR) through its subsidiary, PT Energia Prima Nusantara (EPN), has acquired a geothermal power plant company called PT Supreme Energy Rantau Dedap (SERD).
SGER’s hydrogen peroxide plant of USD 50 million to enter construction stage
05 Mar 2024 14:10
The construction of hydrogen peroxide plant owned by PT Sumber Global Energy Tbk (SGER) has reportedly entered the construction stage.
Pertamina Geothermal Energy to carry out MESOP worth IDR 163.3 billion
28 Feb 2024 09:24
PT Pertamina Geothermal Energy Tbk (PGEO), a subsidiary of PT Pertamina (Persero) engages in the geothermal power plant business, will initiate its Management and Employee Stock Option Program (MESOP) Phase I worth IDR 163.3 billion.
Revenue slowing down, Golden Eagle Energy’s profit slipped 32.5%
28 Feb 2024 07:29
PT Golden Eagle Energy Tbk (SMMT), a coal mining company under Geo Energy Resources from Singapore, recorded net profit of IDR 244.44 billion throughout 2023.
GEMS’s subsidiary to secure facility of USD 7.5 million from Eximbank
21 Feb 2024 14:58
PT Borneo Indobara (BIB) and PT Barasentosa Lestari (BSL), 2 subsidiaries owned by PT Golden Energy Mines Tbk (GEMS), has obtained a financing facility from Indonesia Eximbank of total USD 7.5 million.
