Subsidiaries dragging PTPP down, profit declined
20 Dec 2023 11:15
PT PP Properti (Persero) Tbk (PTPP), a state-owned construction company, reveals the reason behind its profit slippage despite its confidence in its revenue performance.
Dream big, BBYB eyes 25% credit growth and business turnaround in 2024
19 Dec 2023 11:48
Confident with its credit growth, PT Bank Neo Commerce Tbk (BBYB) sets up target of credit disbursement growth by 20%-25% in 2024.
Allobank eyes 12% credit growth next year and 50% income growth in 2023
15 Dec 2023 16:40
PT Allo Bank Indonesia Tbk (BBHI), or Allobank, plans to boost its credit distribution rate by 12% year-on-year (yoy) in 2024 to IDR 8.5 trillion and 50%-60% year-on-year (yoy) income surge at the end of 2023.
Poor performance in profit, TRGU still eyes IDR 4.4 trillion sales in 2023
13 Dec 2023 16:40
Despite its plummeting profit in Q3 2023, PT Cerestar Indonesia Tbk (TRGU) remains confident in its revenue, aiming to score IDR 4.4 trillion of sales at most at the end of this year.
Expanding, TRGU eyes milling capacity increase in Q1 2024
13 Dec 2023 15:26
Noticing full utilisation rate of its mills, PT Cerestar Indonesia Tbk (TRGU), a flour manufacturer, plans to raise processing capacity of its mill in Gresik by another 600 metric ton (MT) per day next year.
Bank Maspion aims for credit distribution of IDR 14 trillion in 2023
11 Dec 2023 12:44
PT Bank Maspion Indonesia Tbk (BMAS) targets to book distributed credits of IDR 14 trillion at the end of this year, aiming for 61% growth compared to 2022’s achievement worth IDR 8.8 trillion.
Slow but sure, MTDL booked 8.2% yoy growth in profit in Q3 2023
25 Oct 2023 10:51
Driven by even growth in all business segments, PT Metrodata Electronics Tbk (MTDL) scored net profit growth of up to 8.2% year-on-year (yoy) to IDR 402 billion at the end of the third quarter (Q3) of 2023.
BCA’s credit flourished, MSE segment soared 16.4%
19 Oct 2023 16:59
PT Bank Central Asia Tbk (BBCA) reported even credit distribution growth within all segments, with MSE credit reporting the highest growth among other segments, reaching 16.4% year-on-year (yoy) to IDR 104.8 trillion.
Heavy equipment is ASII’s top contributor, covering 42.29% of revenue
04 Oct 2023 07:02
Heavy equipment, mining, construction, and energy segment have contributed the most to the revenue of PT Astra International Tbk (ASII), generating IDR 68.67 trillion or 42.29% of total revenue of IDR 162.39 trillion.
Medco’s net profit plummeted 60% due to slow performance of AMMN
03 Oct 2023 07:25
PT Medco Energi Internasional Tbk (MEDC) booked significant downturn of its net profit, reaching 60.58% year-on-year (yoy), due to several factors, including low contribution of profit of PT Amman Mineral Internasional Tbk (AMMN) and low realisation price of oil and gas.
