Global Focus Financial News

JAKARTA -PT Pakuwon Jati Tbk (PWON) booked revenue and profit growth of 11.76% and 4.74% year-on-year (yoy) in Q3 2024. Approximately 67.5% of the revenue came from user contracts. Based on Q3 2024 quoted Tuesday (29/10), Alexander Stefanus Ridwan Suhendra, President Director of PWON, mentioned that the revenue was reported at IDR 4.78 trillion, up...

JAKARTA – Net profit of PT Adi Sarana Armada Tbk (ASSA)shot up 79.82% year-on-year (yoy) to IDR 212.67 billion in Q3 2024 from IDR 118.26 billion seen in the same period in 2023. Passenger car lease and autopool segment brought in 32.87% of total revenue in this period. Based on Q3 2024 Financial Report quoted...

BFI Finance Tbk (BFIN), a consumer financing company with the biggest market capitalisation, reported new distributed financing of IDR 14.2 trillion until September (9M) 2024. The amount of new financing disbursed in Q3 2024 by BFIN actually grew 19.1% quarter-to-quarter (qoq) from the amount recorded until Q2 2024. Meanwhile, BFIN’s managed receivables until September 2024...

JAKARTA -PT Erajaya Swasembada Tbk (ERAA) booked net profit growth of 60.12% year-on-year (yoy) to IDR 791.16 billion in Q3 2024 from IDR 494.83 billion recorded in the same period last year. Cell phone and tablet sales covered 81.10% of total revenue. Based on Q3 2024 Report quoted Monday (29/10), the company recorded sales of...

DCI Indonesia Tbk (DCII), the biggest data centre provider in Indonesia, booked net profit of IDR 449.5 billion within the first nine months (9M) of 2024. The number grew 21.3% year-on-year (yoy) from 9M 2023, in which the company only scored IDR 370.43 billion of profit in total. DCII’s net profit surge in 9M 2024...

JAKARTA -PT Mulia Boga Raya Tbk (KEJU), the Prochiz cheese manufacturer, booked fantastic growth in its profit at the end of Q3 2024, supported by its revenue surge and finance cost efficiency. Based on the Financial Report of Q3 2024 quoted today (29/10), KEJU booked profit growth of 122.86% year-on-year (yoy) to IDR 113.52 billion...

Trimegah Sekuritas Tbk (TRIM), a broker and underwriting service company, scored net profit of IDR 151.73 billion within the first nine months (9M) of 2024. Said number increased 53% year-on-year (yoy) from IDR 99.16 billion recorded in the same period last year. According to the recently released report, TRIM’s profit surge in 9M 2024 was...

PP Presisi Tbk (PPRE), a building construction company owned by PT PP (Persero) Tbk (PTPP), only recorded net profit of IDR 7.7 billion within the first nine months (9M) of 2024. The number dropped 80.7% year-on-year (yoy) lower from the profit recorded in the same period last year, in which the company cored IDR 39.4...

JAKARTA – Jakarta Stock Price Composite Index (JCI) arrived at 7,604.56 nearing the end of today’s (29/10) session at 3 PM WIB. The index slipped from its morning position at 7,630.76 at 9 AM WIB. Monitoring the board this afternoon (29/10), the index was seen climbing at the morning session, until 12 PM WIB. The...

VKTR Teknologi Mobilitas Tbk (VKTR), an electric vehicle trading and manufacturing company under Bakrie Group, only recorded net profit of IDR 10.55 billion within the first nine months (9M) of 2024. This net profit slipped 45.9% year-on-year (yoy) from VKTR’s net profit in 9M 2023, which reached IDR 19.52 billion. According to the recently issued...