JAKARTA – A year into its debut in the stock exchange, the stock performance of PT Agro Bahari Nusantara Tbk (UDNG) plummeted 52% as of yesterday’s (6/11) closing bell. Based on the data compiled by IDNFinancials today (7/11), the company issued 500 million shares on its debut day on Indonesia Stock Exchange (IDX) on October...
JAKARTA -PT Pan Brothers Tbk (PBRX) is anticipating decline in its sales number in 2025 following its limited working capital. Its total equity was reported at USD 333.60 million as of Q3 2024, relatively stable compared to the same period in 2023. In the information disclosure quoted Thursday (7/11), Fitri Ratnasari Hartono, Director of PBRX,...
Krom Bank Indonesia Tbk (BBSI) booked net profit of IDR 107.13 billion within the first nine months (9M) of 2024, up 9.54% year-on-year (yoy) from the same period last year. Anton Hermawan, President Director of BBSI, mentioned that the positive performance of the company until the end of Q3 2024 was supported by solid liquidity...
JAKARTA – The revenue of PT Venteny Fortuna International Tbk (VTNY) managed to report 86% year-on-year (yoy) surge, but its profit dropped significantly by up to 60.5% yoy at the end of September (9M) 2024. According to the press release today (7/11), VTNY’s revenue surge in 9M 2024, from IDR 100 billion to IDR 186...
XL Axiata Tbk (EXCL), one of the biggest telecommunication service providers in Indonesia, posted net profit of IDR 1.32 trillion within the first nine months (9M) of 2024. The profit increased 31.7% year-on-year (yoy) compared to EXCL’s net profit in 9M 2023, which arrived at only IDR 999.99 billion. According to the financial report, EXCL’s...
JAKARTA – Indonesia’s foreign exchange (forex) reserves as of October 2024 were recorded at USD 151.2 billion, up from USD 149.9 billion in September 2024. Ramdan Denny Prakoso, Executive Director of Bank Indonesia (BI), mentioned that current forex reserves are equivalent to the budget of 6.6 months of import, or 6.4 of import and the...
Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation company, will distribute interim dividend of IDR 1.51 trillion or IDR 76 per share. Joni Tjeng, Corporate Secretary of TAPG, mentioned that the plan is in line with the decision made by the board of directors last month. “It had been approved by the board...
JAKARTA – PT Adi Sarana Armada Tbk (ASSA) will distribute interim dividend for the fiscal year 2024, which is its first interim dividend distribution since its debut in Indonesia Stock Exchange (IDX) in 2012. It is mentioned in the information disclosure quoted today (6/11), ASSA plans to distribute interim dividend of IDR 20 per share,...
Surya Citra Media Tbk (SCMA), a company managing several television channels in Indonesia, namely SCTV and Indosiar, will distribute interim dividend of IDR 5 per share, or a total of IDR 316.85 billion. Gilang Iskandar, Corporate Secretary of SCMA, mentioned that the plan is in line with the decision of the board of directors made...
JAKARTA - Net foreign volume on Tuesday, November 5, stayed in the green zone following the previous day, closing at 334.02 million shares. This number represents the difference between foreign buying volume (3.78 billion shares) and foreign selling volume (3.44 billion shares). The most purchased shares belonged to the digital company PT GoTo Gojek Tokopedia...