TOBA and PLN NP’s subsidiaries to form a JV
30 Apr 2024 13:00
PT Batam Tirta Surya (BTS) and PT PLN Nusantara Renewables (PLN NR) will form a joint venture engaged in the renewable energy sector.
Optimistic, TRIS targets 30% profit growth this year
29 Apr 2024 14:51
After recording a net profit growth of 5.7% year-on-year (yoy) until the end of December 2023, PT Trisula International Tbk (TRIS) is confident in posting an aggressive increase of up to 30% yoy this year.
Mandiri Coal to allocate dividend of USD 151.2 million, down 55.8%
29 Apr 2024 14:42
Total dividend of PT Prima Andalan Mandiri Tbk (MCOL) shrank 55.82% to USD 151.20 million in 2023 from USD 235.70 million allocated in 2022.
WINS scored 1,126% surge in profit in Q1 2024
29 Apr 2024 10:24
PT Wintermar Offshore Marine Tbk (WINS) scored net profit attributable to the parent entity of USD 2.2 million in Q1 2024, skyrocketing as high as 1,126% year-on-year (yoy) from Q1 2023 from USD 180 thousand.
Mooryati Soedibyo, Mustika Ratu founder, passed on at 96
24 Apr 2024 16:18
Mooryati Soedibyo, the founder of the renowned body care product company in Indonesia, PT Mustika Ratu Tbk (MRAT), has reportedly passed away at 96 years old.
Promoting sustainable tourism, tiket.com to introduce tiket Green
22 Apr 2024 17:50
tiket.com, one of the pioneers in online travel agency (OTA) industry in Indonesia, is introducing its latest feature to highlight accommodations involved in the sustainable tourism movement, called tiket Green.
Processing industry expected to be in expansion phase in Q2
22 Apr 2024 11:00
Manufacturing Industry growth is predicted to reach 54.31% in the second quarter of 2024, continuing the realization of growth in the first quarter of 2024. This achievement will continue the expansion phase of the Processing Industry Business Field in the first semester of this year.
CUAN’s profit down 60%
17 Apr 2024 15:29
Net profit of PT Petrindo Jaya Kreasi Tbk (CUAN) dropped 60% year-on-year (yoy) to IDR 238.32 billion in 2023 from IDR 570.89 billion in 2022.
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.
Finance expenses skyrocketed, META suffered a loss
16 Apr 2024 14:08
Although the revenue of PT Nusantara Infrastructure Tbk (META) increased in 2023, it ended up with a loss worse than 2022 due to a surge in its finance expenses.