SMMA spent IDR 60 billion to acquire Paramitra Multifinance’s 60 million shares
17 Apr 2024 14:13
PT Sinar Mas Multiartha Tbk (SMMA) has completed the acquisition of 60 million shares of PT Paramitra Multifinance (PMF) of IDR 60 billion.
DOID SG bags extra capital of USD 10 million
05 Apr 2024 13:10
Delta Dunia Makmur Pte Ltd (DOID SG), a subsidiary of PT Delta Dunia Tbk (DOID), secures an extra capital worth USD 10 million from issuing 10 million shares.
Revenue down 1.7%, Trisula International boosted profit 6% to IDR 68.2 billion
03 Apr 2024 17:28
PT Trisula International Tbk (TRIS) reported net profit growth of up to 6% year-on-year (yoy) amidst the slippage of revenue by 1.7% yoy at the end of 2023, driven by solid performances of its subsidiaries.
Weakening textile industry, Trisula Textile managed to score 157% profit growth
02 Apr 2024 10:51
Amidst the slowing down of domestic textile industry, PT Trisula Textile Industries Tbk (BELL), a textile manufacturer and trading company, scored sales growth of up to 17% year-on-year (yoy) to IDR 538.6 billion at the end of 2023.
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.
ACES bagged IDR 763.50 billion of profit, up 15%
01 Apr 2024 11:52
PT Ace Hardware Indonesia Tbk (ACES) saw growth in its profit attributable to the parent entity to IDR 763.5 billion in 2023, up 14.92% year-on-year (yoy) from IDR 664.34 billion in 2022.
EMTK’s subsidiary to acquire 41.15% of CASS
27 Mar 2024 09:57
PT Roket Cipta Sentosa (RSC), a subsidiary of PT Elang Mahkota Teknologi Tbk (EMTK) will take over 41.15% of PT Cardig Aero Services Tbk (CASS) from PT Cardig Asset Management (CAM) and PT Dinamika Raya Swarna (DRS).
Bank Danamon to channel cash dividend of IDR 125.48 per share
26 Mar 2024 17:00
PT Bank Danamon Indonesia Tbk (BDMN) has secured approval from its shareholders to distribute cash dividend from its 2023 net profit.
Govt announces 14 new PSNs, 2 located in PIK 2 and BSD
25 Mar 2024 17:11
The Indonesian government has approved 14 new National Strategic Projects (PSN), through an internal meeting chaired by President Joko Widodo and attended by his cabinet last week.
Bank Raya Indonesia to buy back shares with IDR 60 billion
22 Mar 2024 13:48
PT Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), formerly known as BRI Agro, will conduct a share buyback with IDR 60 billion.