JAKARTA - PT Sariguna Primatirta Tbk (CLEO), a bottled drinking water producer, posted profit growth of 58.18% in the third quarter of 2024 from the same period in 2023. This achievement is in line with revenue performance growth of around 31.53%. Based on the Financial Report for the Third Quarter of 2024 quoted on Thursday...
JAKARTA - On Friday, October 25, foreign selling volume (3.92 billion shares) outpaced foreign buying volume (2.82 billion shares). As a result, net foreign volume fell to -1.09 billion shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, with foreign investors selling 1.30 billion shares for a net volume...
Aneka Tambang Tbk (ANTM) will channel a shareholder loan facility to one of its affiliates, PT Feni Haltim (FHT), worth IDR 124.8 billion. According to IDNFinancials data, FHT is one of ANTM’s many subsidiaries, recording a stock ownership portion of 40%. Then, another 60% of FHT belongs to HongKong CBL Limited. The business handled by...
JAKARTA - PT Astra Agro Lestari Tbk (AALI) bagged net profit of IDR 801.15 billion in Q3 2024, a slight increase from IDR 800.57 billion. The achievement is in line with revenue surge in the same period. Based on Financial Report of Q3 2024 quoted Wednesday (30/10), its revenue was recorded at IDR 16.28 trillion,...
Erajaya Swasembada Tbk (ERAA), a retailer specialised in telecommunication devices, has formed another joint venture (JV) through one of its subsidiaries, PT Era Sukses Abadi (ESA). The JV was established by ESA alongside PT Perjuangan Anak Muda (PAM). This new enterprise is called PT Mitra Belanja Selalu (MBS), serving as a holding company and other...
JAKARTA. Total incoming bids reported in the last round of Government Securities (lit. Surat Utang Negara/SUN) auction yesterday (29/10) hit IDR 29.58 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...
JAKARTA - Indonesia Stock Exchange (IDX) lists 10 issuers with the highest number of shares in the stock exchange as of October 29, 2024. Interestingly, the number of shares does not always in line with market capitalisation, as the list shows that the shares value may vary. Based on IDX data compiled by IDNFinancials today...
JAKARTA – Even though PT Dharma Satya Nusantara Tbk (DSNG)s palm oil fresh fruit bunches (FFB) production decreased by 5.1% year-on-year (yoy), the companys revenue and net profit actually increased, supported by rising selling prices and falling fertilizer prices. Based on the Q3 2024 Financial Report quoted today (30/10), DNSG recorded a 9% yoy increase...
Bukalapak.com Tbk (BUKA), an e-commerce company debuted on Indonesia Stock Exchange (IDX) in 2021, will close down some of its business lines to restructure the company. Cut Fika Lutfi, Corporate Secretary of BUKA, mentioned that the plan had been discussed by the board of directors and commissioners on August 30, and approved independently by the...
JAKARTA – Indonesia Stock Exchange (IDX) authorities have begun the major evaluations for six indices, effective from November 1, 2024 until January 31, 2025. It also evaluated 10 other indices in a minor scale. Based on the data compiled by IDNFinancials today (30/10), 6 indices that undergo major evaluations include IDX30, LQ45, IDX80, Bisnis-27, MNC36,...