JAKARTA – At Tuesday’s (19/11) morning session, Jakarta Stock Price Composite Index (JCI) demonstrated an optimistic trend. The index opened at 7,147.26 points at 9 AM WIB and climbed to 7,206.84 by 10:50 AM WIB. As of just before 11:00 AM, the index was moving consistently upwards, maintaining strides since the market opened. This morning’s...
JAKARTA - PT Prima Andalan Prima Tbk (MCOL)s interim dividend in the 2024 financial year was down by 56% from 2023. This years interim dividend is also lower than in 2022, amounting to IDR 350 or IDR 1.24 trillion. Based on the data compiled by IDN Financials, Tuesday (19/11), MCOLs interim dividend was recorded at...
JAKARTA. PT Bakrie Telecom Tbk (BTEL), a telecommunications issuer belonging to the Bakrie Group, posted a loss of IDR 54.49 billion in the first nine months (9M) of 2024. This loss was 26% lower year-on-year (yoy) or compared to the same period last year, where BTELs loss reached IDR 73.66 billion. According to the financial...
JAKARTA - PT Sarana Multi Infrastruktur (Persero) will offer Shelf-Registration Bond IV Phase II Year 2024 worth IDR 2.7 trillion in early December 2024. The proceeds of this bond issuance will be utilised for infrastructure financing. In the prospectus quoted Tuesday (19/11), it is said that the bond will be split into four series with...
Atlantis Subsea Indonesia Tbk (ATLA), an oil and gas company debuted on Indonesia Stock Exchange (IDX) in April 2024, booked net profit of IDR 3.79 billion. Said number is 102% higher compared to ATLA’s net profit in 9M 2023, which arrived at only IDR 1.87 billion. According to the recently released financial report, ATLA’s net...
JAKARTA - Akulaku Group, the major shareholder of PT Bank Neo Commerce Tbk (BBYB) is planning gradual divestment of its shares to 30% of BBYB’s issued and paid-up capital. This plan had reportedly been approved by the shareholders last week (15/11). Agnes Fibri Triliana Dewi, Corporate Secretary of BBYB, mentioned that shareholders have agreed upon...
Tripar Multivision Plus Tbk (RAAM), also known as MVP, opened Platinum Cineplex theatre in Sragen, Central Java, on November 14, 2024. Said theatre is located at Plaza Atrium, Sragen. The opening ceremony was attended by several local government officials, as well as Amit Jethani, Director of PT Platinum Sinema, RAAM’s subsidiary that managed Platinum Cineplex....
JAKARTA - PT Caturkarda Depo Bangunan Tbk (DEPO), a distributor of equipment and building materials, will open three new outlets in Palembang, Pekanbaru and Samarinda. By the end of next year, this issuer is projecting revenue of IDR 2.8 trillion and net profit of IDR 88 billion. In an information disclosure quoted on Wednesday (20/11),...
JAKARTA - PT Pinago Utama Tbk (PNGO)s interim dividend fell 42.85% to IDR 31.25 billion in the 2024 fiscal year from last years interim dividend of IDR 54.68 billion. The decrease in interim dividends is in line with the decline in net profit in the third quarter of 2024. Based on the data compiled by...
JAKARTA – PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February. After this divestment, INDYs coal segment is now only supported by PT...