BTN's credit growth hit 7.3%, performance drops by 14.1%
12 Feb 2025 14:27
Mortgage is still the main engine for BTN's credit growth in 2024. Yet, what are the factors that cause its weakened performance?
ISAT’s net profit grew 10% in 2024
10 Feb 2025 13:59
ISAT posted revenue of IDR 55.88 trillion, with primary contributor being cellular data segment.
AMMN shows exponential growth in Q3 2024
10 Jan 2025 13:41
Despite stellar financial performance, AMMN’s stock has been slowing down over the past six months.
SAPX reveals strategy to realise IDR 750 billion of revenue this year
08 Jan 2025 15:26
By September 2024, SAPX's revenue had grown 16.58% year-on-year (yoy) to IDR 523.35 billion, although net profit plummeted by 86.5% yoy due to rising operational costs.
Bank of India Indonesia targets 100% profit increase this year
02 Jan 2025 16:14
“Despite the issue of VAT increasing to 12%, BOII is optimistic about achieving 100% net profit growth by the end of 2025,” the management stated during the Public Expose.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
Profits skyrocketed to double digits, Citi's net profit reaches IDR 2.2 trillion as of September
13 Nov 2024 17:42
Citibank N.A. Indonesia, or what is usually called Citi Indonesia, managed to record a net profit increase of 32% year-on-year (yoy) at the end of September 2024.
Efficiency allows Citi Indonesia to book 14% surge in H1 2024 net profit
15 Aug 2024 18:32
Citibank N.A. Indonesia, or widely known as Citi Indonesia, reported solid growth in its net profit performance in the first half (H1) of 2024, increasing 14% year-on-year (yoy).
Weakening revenue, ITMG’s profit eroded 58%
14 Aug 2024 10:58
The revenue of PT Indo Tambangraya Megah Tbk (ITMG) slipped as far as 19.2% year-on-year (yoy) to USD 1.05 billion at the end of June 2024.
Stagnant revenue, ASSA’s net profit multiplied 4 times higher in H1 2024
30 Jul 2024 10:51
Although its revenue slipped 0.8% year-on-year (yoy) in H1 2024, PT Adi Sarana Armada Tbk (ASSA) booked impressive surge in its net profit, nearly fourfold the number recorded in the same period last year.