Revenue slowing down, Golden Eagle Energy’s profit slipped 32.5%
28 Feb 2024 07:29
PT Golden Eagle Energy Tbk (SMMT), a coal mining company under Geo Energy Resources from Singapore, recorded net profit of IDR 244.44 billion throughout 2023.
SUN auction today reaches IDR61.04 trillion
27 Feb 2024 19:59
The number of bids entered in the auction of Government Securities (SUN) on Tuesday (27/2) today reached IDR 61.04 trillion, according to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance.
Astra net profit jumps 17%, ready to distribute dividend IDR 421 per share
27 Feb 2024 18:47
PT Astra International Tbk (ASII) recorded a consolidated net profit of IDR 33.84 trillion by the end of 2023. The growth in profit performance was dominated by the infrastructure and logistics, financial services, and automotive business lines.
Fibre optic idle, IBST and MORA enter affiliate transaction
27 Feb 2024 16:07
PT Inti Bangun Sejahtera Tbk (IBST) is initiating an affiliate transaction with PT Mora Telematika Indonesia Tbk (MORA) or Moratelindo regarding sale and purchase of fibre optic worth IDR 15.7 billion.
Hexindo Adiperkasa booked 25.3% growth, profit rose to USD 43.8 million
26 Feb 2024 11:23
PT Hexindo Adiperkasa Tbk (HEXA), a heavy equipment trading and rental company, scored net profit of USD 43.8 million in 2023, increasing 25.3% year-on-year (yoy).
Revenue strengthened, BFIN’s net profit slipped 9% in 2023
26 Feb 2024 10:06
Although its revenue grew by a double digit, PT BFI Finance Indonesia Tbk (BFIN) failed to record the same win for its net profit at the end of 2023, booking net profit of only IDR 1.6 trillion or 9% year-on-year (yoy) decrease.
Japan in recession, Indonesia to rethink on Samurai Bond release
23 Feb 2024 15:15
The Indonesian government is currently re-reviewing the plan of issuance of Yen-denominated bond, or Samurai Bonds, amidst the recession in Japan.
Govt to hold another SUN auction next week, aiming for IDR 24 trillion
23 Feb 2024 14:45
The Indonesian government will hold a Government Securities (SUN) auction on Thursday (29/2) next week, with an indicative target of IDR 24 trillion.
TUGU optimistic on underwriting income increase
23 Feb 2024 14:36
Comprehensive profit of PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) has soared over 200% year-on-year (yoy) in December 2023 (unaudited) to IDR 1.29 trillion.
Good news for Astra following electric car incentive from gov't
23 Feb 2024 13:51
The Indonesian government will give incentives for electric cars, as stated in Regulation of the Ministry of Finance (PMK) No. 8/2024 regarding the Government-Borne Value Added Tax (PPN DTP) of Electric Cars.