Geopolitical tension, SMSM revises sales growth target to 2%
29 Aug 2024 10:48
PT Selamat Sempurna Tbk (SMSM) decides to revise the target of its sales growth for 2024 down to 2% from the initial target set to 8%.
Coal reserves increase, ITMG eyes production of 20.2 million ton this year
28 Aug 2024 17:29
PT Indo Tambangraya Megah Tbk (ITMG) announces positive result from the latest audit on its coal reserves and resources in several of its mines located in eastern Kalimantan.
New contracts slipped in August, PTPP still on for IDR 32 T this year
28 Aug 2024 11:24
PT PP (Persero) Tbk (PTPP) recorded new contracts of IDR 17.4 trillion until August (8M) 2024, down from IDR 22.56 trillion recorded in 8M 2023.
BSDE to conclude SMDM acquisition this year
28 Aug 2024 10:00
The management of PT Bumi Serpong Damai Tbk (BSDE), a land and property developer, claims to be committed in concluding the acquisition process of PT Suryamas Dutamakmur Tbk (SMDM) at the end of 2024.
BBTN: 2 years from now, BTN Syariah will be the 2nd biggest sharia bank in Indonesia
27 Aug 2024 16:25
Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years.
Solid operational aspects post-COVID, BMHS saw profit surge of nearly 200%
26 Aug 2024 11:08
As of June 2024, PT Bundamedik Tbk (BMHS) reported slight increase in revenue of 9% year-on-year (yoy) compared to H1 2021.
Planning subsidiary’s IPO, TPIA saw correction in stock
20 Aug 2024 16:46
Stock performance of PT Chandra Asri Pacific Tbk (TPIA) fell off at today’s (20/8) closing bell, as if reflecting the market’s response towards its plan to debut its subsidiary in the stock exchange.
Revenue soaring 29,4%, CASS saw profit nearly doubled in H1 2024
16 Aug 2024 12:21
PT Cardig Aero Services Tbk (CASS), a holding company of airport handling services, reported double-digit growth in revenue to IDR 1.3 trillion in H1 2024.
Efficiency allows Citi Indonesia to book 14% surge in H1 2024 net profit
15 Aug 2024 18:32
Citibank N.A. Indonesia, or widely known as Citi Indonesia, reported solid growth in its net profit performance in the first half (H1) of 2024, increasing 14% year-on-year (yoy).
Weakening revenue, ITMG’s profit eroded 58%
14 Aug 2024 10:58
The revenue of PT Indo Tambangraya Megah Tbk (ITMG) slipped as far as 19.2% year-on-year (yoy) to USD 1.05 billion at the end of June 2024.
