Rukun Raharja Tbk (RAJA) and one of its subsidiaries, PT Triguna Internusa Pratama (TIP), has signed a credit facility agreement from PT Bank Mandiri (Persero) Tbk (BMRI) worth over USD 44.8 million. Yuni Pattinasarani, Corporate Secretary of RAJA, said that there are 2 credit facilities received from BMRI, consisting of a term loan with limit...
JAKARTA - The majority stake in PT Lima Dua Lima Tiga Tbk (LUCY), held by PT Delta Wibawa Bersama, increased by over 130.02 million shares on Thursday, October 24. This controller raised its position from 49.5% to 58.09% through the transaction through PT BCA Sekuritas.Lucy in the Skyis a rooftop bar located in Jakartas Sudirman...
Aneka Tambang Tbk (ANTM) or Antam has formed a strategic partnership with PT Perusahaan Listrik Negara (PLN) to provide an electricity supply of 150 megavolt ampere (MVA) for the ferronickel smelting facility of Antam in Pomalaa, Kolaka, Southeast Sulawesi. This collaboration will also allow Antam to transition from fossil-fuel power plant to a more greener...
JAKARTA -PT Pakuwon Jati Tbk (PWON) booked revenue and profit growth of 11.76% and 4.74% year-on-year (yoy) in Q3 2024. Approximately 67.5% of the revenue came from user contracts. Based on Q3 2024 quoted Tuesday (29/10), Alexander Stefanus Ridwan Suhendra, President Director of PWON, mentioned that the revenue was reported at IDR 4.78 trillion, up...
JAKARTA – Net profit of PT Adi Sarana Armada Tbk (ASSA)shot up 79.82% year-on-year (yoy) to IDR 212.67 billion in Q3 2024 from IDR 118.26 billion seen in the same period in 2023. Passenger car lease and autopool segment brought in 32.87% of total revenue in this period. Based on Q3 2024 Financial Report quoted...
BFI Finance Tbk (BFIN), a consumer financing company with the biggest market capitalisation, reported new distributed financing of IDR 14.2 trillion until September (9M) 2024. The amount of new financing disbursed in Q3 2024 by BFIN actually grew 19.1% quarter-to-quarter (qoq) from the amount recorded until Q2 2024. Meanwhile, BFIN’s managed receivables until September 2024...
JAKARTA -PT Erajaya Swasembada Tbk (ERAA) booked net profit growth of 60.12% year-on-year (yoy) to IDR 791.16 billion in Q3 2024 from IDR 494.83 billion recorded in the same period last year. Cell phone and tablet sales covered 81.10% of total revenue. Based on Q3 2024 Report quoted Monday (29/10), the company recorded sales of...
DCI Indonesia Tbk (DCII), the biggest data centre provider in Indonesia, booked net profit of IDR 449.5 billion within the first nine months (9M) of 2024. The number grew 21.3% year-on-year (yoy) from 9M 2023, in which the company only scored IDR 370.43 billion of profit in total. DCII’s net profit surge in 9M 2024...
JAKARTA -PT Mulia Boga Raya Tbk (KEJU), the Prochiz cheese manufacturer, booked fantastic growth in its profit at the end of Q3 2024, supported by its revenue surge and finance cost efficiency. Based on the Financial Report of Q3 2024 quoted today (29/10), KEJU booked profit growth of 122.86% year-on-year (yoy) to IDR 113.52 billion...
Trimegah Sekuritas Tbk (TRIM), a broker and underwriting service company, scored net profit of IDR 151.73 billion within the first nine months (9M) of 2024. Said number increased 53% year-on-year (yoy) from IDR 99.16 billion recorded in the same period last year. According to the recently released report, TRIM’s profit surge in 9M 2024 was...