JAKARTA – PT Hartadinata Abadi Tbk (HRTA) is aiming for 15 new gold retail outlet his year to boost domination within the retail market in Indonesia. Until 2023, HRTA reported managing 85 stores across the country. According to Sandra Sunanto, CEO of HRTA, this massive retail store expansion is the company’s strategy to raise its...
JAKARTA – PT Wijaya Karya Bangunan Gedung Tbk (WEGE) is setting new contract target to IDR 5.1 trillion for 2024, relatively stagnant compared to new contract realisation per 2023, which also reached IDR 5.1 trillion. “Per August 2024, new contracts have reached IDR 1.68 trillion, dominated by government and SOE projects,” as revealed by Tomo...
JAKARTA -PT Graha Prima Mentari Tbk (GRPM) is targeting revenue and profit to reach IDR 560 billion and IDR 6 billion this year, higher than last year’s realisation. This projection is revealed by Agus Susanto, President Director of GRPM, during Public Expose Live 2024 via Zoom, Friday (30/8). “For revenue and profit, we project an...
JAKARTA – PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO), more popularly known as Sido Muncul, reported fantastic growth in exports by up to 73% year-on-year (yoy) in the first half (H1) of 2024. According to Budiyanto, Director of Finance of Sido Muncul, the contribution of export to total sales of the company in...
JAKARTA. PT Pantai Indah Kapuk 2 Tbk (PANI), a property developer, now records landbank of 1,850 hectares after conducting a private placement. Prior to this, PANI had conducted 2 rounds of private placement on August 20 and August 22-23, 2024. In its first round, it issued 787.43 million new shares, whereas the second round reported...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR) maintains projected revenue growth of 4-6% in 2024. In 2023, its revenue increased 6.38% year-on-year (yoy) to IDR 11.74 trillion from IDR 11.03 trillion in 2022. Aming Santoso, President Director of TOWR, mentioned that the projection of revenue growth has yet to include the result from the acquisition...
JAKARTA – Jakarta Stock Price Composite Index (JCI) arrived at 7,658.88 at today’s (28/8) closing bell, breaking another record. This surge is entailed with increases in other indices in the stock exchange. Monitoring the board this afternoon, JCI was seen gaining strides all day, although plummeting at the starting line, hitting below 7,600. Then, the...
JAKARTA – PT Indo Tambangraya Megah Tbk (ITMG) announces positive result from the latest audit on its coal reserves and resources in several of its mines located in eastern Kalimantan. According to the December 2023 data, ITMG recorded total coal reserves of 281 million ton and total resources of 1,313 million ton. However, based on...
JAKARTA – After securing the extension of its Special Mining Business License (IUPK) last May, PT Vale Indonesia Tbk (INCO) is now confident to be able to attain nickel in matte production target of 70,800 wet metric tons (wmt) in 2024. According to Rizky Andhika Putra, Chief Financial Officer of INCO, the company managed to...
JAKARTA – Jakarta Stock Price Composite Index (JCI) gained strength, arriving at 7,610.23 at today’s (26/8) closing bell. This achievement reflects an optimistic start for the week after at the morning session, JCI opened at 7,571.00. Index showed a consistent bullish trend throughout the day, picking up after the uptrend seen last Friday (23/8). JCI...