While reporting financial results for the second quarter on Wednesday, The Brinks Co. (BCO) maintained its earnings and revenue guidance for the full-year 2024. For fiscal 2024, the company continues to project earnings from continuing operations attributable to Brinks in the range of $7.30 to $8.00 per share on revenues between $5.075 billion and $5.225...
JAKARTA -PT MPX Logistics International Tbk (MPXL)obtained investment credit facility worth IDR 41.48 billion from PT Bank Central Asia Tbk (BBCA). In the information disclosure quoted Wednesday (7/8), James Sigit Chandra, Corporate Secretary of MPXL, mentioned that the credit facility will be allocated to the company’s working capital. “It will be spent on fleet addition...
While reporting its financial results for the first quarter on Wednesday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the second quarter in about low-to mid-single digits from last year on a constant currency basis, centering around 3 to 4 percent. For fiscal 2024, the company also continues to expect...
Bayan Resources Tbk (BYAN), the biggest coal mining company in Indonesia, spends IDR 306.16 billion on the improvement of hauling road for coal logistics for one of its subsidiaries, PT Fajar Sakti Prima (FSP). The distribution route improvement includes road paving for hauling road for coals spanning 93.4 kilometres (km), as well as side dump...
JAKARTA -PT Astra Otoparts Tbk (AUTO) bagged net profit of IDR 1.01 trillion in the first half of 2024, up 26.46% year-on-year (yoy) from IDR 801.55 billion seen in H1 2023. This Indeks52 constituent reported profit growth resulting from increased finance income and other income. In the Financial Report of H1 2024 quoted Wednesday (7/8),...
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...