JAKARTA. Incoming bids in the auction of Government Securities (lit. Surat Utang Negara/SUN) on July 23, 2024, reached IDR 57.19 trillion, according to the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of SUN offered in said auction, consisting of 2 series of Treasury Notes (lit....
Formosa Ingredient Factory Tbk (BOBA),a supplier of food and beverage ingredient for several infamous brands in Indonesia, booking net profit of IDR 7.11 billion in the first half of 2024. Its net profit shot up by 119.4% year-on-year (yoy) from the same period last year. In H1 2023, BOBA only scored net profit of IDR...
Bakrie Telecom Tbk (BTEL), a telecommunication company under Bakrie Group, booked a loss of IDR 18.95 billion in the first quarter (Q1) of 2024. Said loss was 28% year-on-year (yoy) lower than the number seen in the same period last year, in which BTEL’s loss reached IDR 26.44 billion. BTEL’s sloping loss in Q1 2024...
JAKARTA – Rofikoh Rokhim, a Professor at Universitas Indonesia (UI), promotes Tempo and IDNFinancials’ Indeks52 to younger generation through several universities in Indonesia. She told IDNFinancials during the meeting of Committee of Indeks52 in Jakarta yesterday (24/7). According to Rokhim, Indeks52 may be used as a reference for students’ theses, particularly the ones in economy...
JAKARTA.PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer with known brands such as Arwana and UNO, booked net profit of IDR 203.15 billion in the first half (H1) of 2024. This number slipped 16.6% year-on-year (yoy) from the same period last year. In H1 2023, its net profit was IDR 243.57 billion. In the recently...
JAKARTA – Indeks Tempo-IDNFinancials 52, or shortly known as Indeks52, reports market capitalisation of 84 new constituents, split into 4 different categories, of IDR 8.96 quadrillion. It is equivalent to 77% of total market capitalisation in the stock market of IDR 11.6 quadrillion as of March 2024. According to IDNFinancials data today (23/7), Indeks52 consists...
JAKARTA.PT Royaltama Mulia Kontraktorindo Tbk (RMKO) has resumed its partnership with PT Atlas Resources Tbk (ARII) to develop and operate the mining facility of PT Gorby Putra Utama (GPU). The partnership will be carried out with the support of funding from PT Rantai Mulia Kencana (RMK), an affiliate of RMKO. The support given by RMK...
JAKARTA. PT Esta Indonesia Tbk (NEST), swallow farm and swallow’s nest trading company, will conduct its initial public offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 822.5 million shares. The number of shares to be offered is equal to 20% of total issued and paid-up capital of NEST post-IPO. Each share has a face...
JAKARTA - Tempo and IDNFinancials has officially reviewed the performance of Indeks Tempo-IDNFinancials 52 this year after its initial launch on June 23, 2023. The result was announced through Press Conference: the Review of Indeks Tempo-IDNFinancials 52, earlier today (23/7). In his explanation, one of the members of Indeks52 Committee, Luther K., reveals that there...
JAKARTA.PT Indonesia Kendaraan Terminal Tbk (IPCC), a transportation infrastructure operator, booked net profit of IDR 80.7 billion in the first half (H1) of 2024. Said number is 2.3% year-on-year (yoy) higher compared to net profit in the same period last year, in which IPCC only scored net profit of IDR 78.9 billion. IPCC’s operating revenue...