Industrial manufacturer Tredegar Corp. (TG) reported Wednesday net income for the second quarter was $8.79 million or $0.26 per share, compared to a net loss of $18.92 million or $0.56 per share in the prior-year quarter. Excluding items, adjusted net income from ongoing operations were $0.30 per share, compared to adjusted net loss from ongoing...
Resources Alam Indonesia Tbk (KKGI)booked net profit of USD 23.3 million in the first half (H1) of 2024, up 9.2% year-on-year (yoy) from the same period last year. Said growth aligns with the operating revenue of KKGI in H1 2024, which also increased 8.3% yoy from USD 176.7 million in H1 2023. Coal export was...
JAKARTA. Total incoming bids reported in the last round of Government Securities (lit. Surat Utang Negara/SUN) auction hit IDR 66.99 trillion, according to the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 8 series of SUN offered in said auction, consisting of 2 series of State Treasury Notes...
JAKARTA – The authority of Indonesia Stock Exchange (IDX) advises companies on the verge of delisting to arrange a shares buyback as a means of investor protection. I Gede Nyoman Yetna, Director of Listing of IDX, confirmed that there have been many companies under monitoring of IDX authority that meet the criteria for being delisted....
JAKARTA - PT Mark Dynamics Indonesia Tbk (MARK) will distribute an interim dividend of IDR 76 billion or IDR 20 per share for the 2024 fiscal year period. Quoted from the information disclosure on Wednesday (7/8), Ridwan, President Director of MARK, said that the interim dividend distribution had been approved by the Board of Directors...
JAKARTA. PT Sepeda Bersama Indonesia Tbk (BIKE), a bicycle distributor that holds the Genio Bike and United Bike brands, posted a net profit of IDR 4.67 billion in the first semester (1H) 2024. This net profit increased 18.8% year-on-year (yoy) or compared to the same quarter last year, which only reached IDR 3.93 billion. According...
Indian shares fluctuated before ending modestly lower on Tuesday. Markets opened on a buoyant note after Asian markets rebounded from their worst rout since 2008, following reassuring comments from Federal Reserve officials that the U.S. labor market is holding up better than would be indicated by investor reaction to recent employment data. Weak cues from...
Eurozone retail sales fell more than expected in June as both food and non-food products turnover decreased from the prior month, official data revealed Tuesday. Retail sales decreased 0.3 percent month-on-month in June, in contrast to the 0.1 percent rise in May, Eurostat said. Economists had forecast a marginal 0.1 percent drop for June. Food,...
While reporting financial results for the second quarter on Tuesday, pet healthcare provider IDEXX Laboratories, Inc. (IDXX) lowered its earnings and revenue growth guidance for the full-year 2024. For fiscal 2024, the company now projects earnings in a range of $10.31 to $10.59 per share on revenues between $3.885 billion and $3.945 billion, with revenue...
While reporting financial results for the third quarter on Tuesday, professional services provider Jacobs Solutions, Inc. (J) narrowed its adjusted earnings guidance range for the full-year 2024. For fiscal 2024, the company now projects adjusted earnings in a range of $7.85 to $8.05 per share, compared to the prior outlook range of $7.80 to $8.10...