Operating expenses soar, Matahari's net profit slumps 51.2%
27 Feb 2024 14:38
The net profit of PT Matahari Department Store Tbk (LPPF), a retail company owned by the Lippo Group, fell by 51.2% throughout 2023 due to high operating expenses.
Domestic car sales decline, AUTO’s net profit still grew 38.9% in 2023
23 Feb 2024 11:17
PT Astra Otoparts Tbk (AUTO) booked net profit of IDR 1.84 trillion in 2023, up 38.9% year-on-year (yoy).
Profit at minus, PPRO still confident of 40% revenue surge in 2024
28 Dec 2023 14:34
Despite its loss of IDR 118.85 billion until the end of Q3 2023, PT PP Properti Tbk (PPRO) eyes 2024 optimistically by aiming to secure 30%-50% surge in its sales next year.
Matahari Department Store to switch up directors and commissioners
22 Dec 2023 12:54
PT Matahari Department Store Tbk (LPPF), a retail company operating since 1958, has changed the board of directors and commissioners after conducting its Extraordinary General Meeting of Shareholders today (22/12).
Astra Otoparts booked IDR 1.3 trillion profit
16 Nov 2023 10:34
PT Astra Otoparts Tbk (AUTO), an automotive component company under Astra Group, scored net profit of IDR 1.3 trillion until the end of September (9M) of 2023.
Modalku Group reinforced by debt funding facility of USD 27 million
26 Sep 2023 11:57
Modalku Group managed to secure a debt funding facility worth USD 27 million, or approximately IDR 414 billion, from three institutional donors.
Officially listed on IDX, AEGS eyes for IDR 50 billion revenue this year
11 Sep 2023 14:37
PT Anugerah Spareparts Sejahtera Tbk (AEGS), an automotive components issuer which has just listed its shares on the Indonesia Stock Exchange (BEI) today, is targeting revenues of IDR 50 billion in 2023.
Petrosea enters partnership with Hyundai Construction Equipment Asia
08 Sep 2023 18:32
PT Petrosea Tbk (PTRO) has signed a Memorandum of Understanding (MoU) with PT Hyundai Construction Equipment Asia to provide solutions for mining, construction, and heavy equipment sectors in Indonesia.
MCAS reveals underlying connection among dozens of subsidiaries
08 Sep 2023 17:49
Until June 2023, PT M Cash Integrasi Tbk (MCAS) recorded dozens of subsidiaries under its belt, three of which have been established as publicly listed companies.
Anugerah Spareparts sets offering price to IDR 100 per share
04 Sep 2023 14:14
PT Anugerah Spareparts Sejahtera Tbk (AEGS), an automotive filter manufacturer, has set the offering price in its initial public offering (IPO) to IDR 100 per share.
