PANI booked 96.76% surge to IDR 273 billion of profit
04 Mar 2024 10:46
The performance of PT Pantai Indak Kapuk Dua Tbk (PANI) has soared high, sporting revenue growth of 274% and profit growth of 96.76% year-on-year (yoy) in 2023.
Buana Finance to obtain another IDR 765 billion facility from Bank Danamon
04 Mar 2024 10:26
PT Buana Finance Tbk (BBLD), a consumer financing company listed on Indonesia Stock Exchange (IDX) since 1990, has acquired a credit facility worth IDR 765 billion from PT Bank Danamon Indonesia Tbk (BDMN).
BWPT’s profit skyrocketed 912.84% in 2023
04 Mar 2024 10:18
Despite the slowing down in the revenue throughout 2023, the net profit of PT Eagle High Plantations Tbk (BWPT) reported a 912.84% upturn from its performance in 2022.
Production thrives, PGEO saw 28% profit surge
04 Mar 2024 09:59
PT Pertamina Geothermal Energy Tbk (PGEO), an entity under Pertamina Group engaged in the geothermal energy industry, reported 28% year-on-year (yoy) profit surge at the end of 2023 to USD 163.57 million.
Share buying and selling transactions are slightly different; net foreign volume is almost 75 million pieces in surplus
03 Mar 2024 19:11
On Friday, March 1, foreign share buying and selling transactions were not much different, at around 2 billion shares each. The foreign buying volume was 2.12 billion shares, whereas the foreign selling volume was 2.04 billion shares. As a result, the net foreign volume stood at 74.99 million shares. The most purchased shares this time were those of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with approximately 708.84 million shares and a net volume of 179.57 million shares.
Two issuers welcome Trukindo Persada as a new investor
01 Mar 2024 11:32
PT Trukindo Persada Sejahtera acquired 208.98 million shares of cosmetics and home equipment manufacturer PT Estee Gold Feet Tbk (EURO) and 108.91 million shares of sector consulting services issuer mining and energy PT Sumber Energi Andalan Tbk (ITMA) on Wednesday, February 28. This made PT Trukindo Persada Sejahtera a new investor in these two issuers. It currently holds 8.2% of EURO through purchases conducted by PT Lotus Andalan Sekuritas and PT KB Valbury Sekuritas. In addition, this investor bought shares through five different securities firms, giving him control over 10.9% of ITMA.
Over 7.5 billion shares were purchased; the net foreign volume was 629 million shares in surplus
01 Mar 2024 10:39
At the end of February, the total number of shares purchased by foreign investors reached amazing heights. International buyers acquired 7.57 billion shares and sold roughly 6.94 billion on Thursday, February 29. This time, the net foreign volume remained in surplus at 629.46 million shares, even though the sales volume was also quite substantial. Around 2.72 billion shares of technology issuer PT GoTo Gojek Tokopedia Tbk (GOTO) were the shares with the highest purchase volume, and its net volume was almost 600 million shares. Additionally, a sizeable amount of PT Bumi Resources Tbk (BUMI) shares were bought, totaling 1.60 billion shares with a net volume of 103.95 million.
EXCL bagged profit of IDR 1.28 trillion
01 Mar 2024 10:13
PT XL Axiata Tbk (EXCL) collected current year’s net profit of IDR 1.28 trillion in 2023, up approximately 1.45% year-on-year (yoy) from IDR 1.21 trillion in 2022.
February inflation reached 2.75%, BPS: triggered by rice price surge
01 Mar 2024 10:02
Inflation in February 2024 soared 2.75% year-on-year (yoy) and 0.37% month-on-month (MoM), as stated in Indonesia Statistics (BPS) issued today (1/3).
ADRO to allocate capex of USD 700 million this year
01 Mar 2024 09:36
PT Adaro Energy Indonesia Tbk (ADRO) is allocating capital expenditure (capex) of USD 600 to 700 million in 2024.
