Hanjaya Mandala Sampoerna Tbk (HMSP), a cigarette manufacturer with the highest market capitalisation in Indonesia, scores net profit of IDR 3.32 trillion in the first half (H1) of 2024. HMSP’s net profit in H1 2024 reportedly declined 11.47% year-on-year (yoy) from H1 2023, in which HMSP managed to score net profit of IDR 3.75 trillion....
JAKARTA -PT Unilever Indonesia Tbk (UNVR) pocketed net profit of IDR 2.46 trillion in the first half (H1) 2024, sloping from IDR 2.75 trillion seen in H1 2023. This decline is in line with the revenue slippage in the same period. Based on Financial Report of H1 2024 quoted Wednesday (24/7), the issuers reported revenue...
JAKARTA – Although PT GTS Internasional Tbk’s (GTSI) revenue increased in H1 2024, its net profit significantly dropped by up to 150.32% year-on-year (yoy). This massive downturn resulted from increased cost of revenue and financial expenses. According to Financial Report of H1 2024 of GTSI quoted today (24/7), GTSI’s revenue was recorded at USD 15.27...
JAKARTA - This July, PT Bank Neo Commerce Tbk (BBYB), a banking company, held a rights issue that changed the share portion held by a number of its major investors. PT Akulaku Silvrr Indonesia gained358.35 million shares on Friday, July 19, increasing its share portion from 27.32% to 29.42%. AsPT Gozco Capital did not take...
JAKARTA -PT Dian Swastatika Sentosa Tbk (DSSA), the energy and infrastructure subsidiaryof Sinarmas Group, formally carried out a stock split with a ratio of 1:10. The issuer\'sholdings of shares increased tenfold on Monday, July 22, from 154.10 million to 1.54 billion, while the proportion of shares stayed at 20%. Additionally, PT Fersindo Nusa Jaya raised...
JAKARTA. Incoming bids in the auction of Government Securities (lit. Surat Utang Negara/SUN) on July 23, 2024, reached IDR 57.19 trillion, according to the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 7 series of SUN offered in said auction, consisting of 2 series of Treasury Notes (lit....
Formosa Ingredient Factory Tbk (BOBA),a supplier of food and beverage ingredient for several infamous brands in Indonesia, booking net profit of IDR 7.11 billion in the first half of 2024. Its net profit shot up by 119.4% year-on-year (yoy) from the same period last year. In H1 2023, BOBA only scored net profit of IDR...
Bakrie Telecom Tbk (BTEL), a telecommunication company under Bakrie Group, booked a loss of IDR 18.95 billion in the first quarter (Q1) of 2024. Said loss was 28% year-on-year (yoy) lower than the number seen in the same period last year, in which BTEL’s loss reached IDR 26.44 billion. BTEL’s sloping loss in Q1 2024...
JAKARTA – Rofikoh Rokhim, a Professor at Universitas Indonesia (UI), promotes Tempo and IDNFinancials’ Indeks52 to younger generation through several universities in Indonesia. She told IDNFinancials during the meeting of Committee of Indeks52 in Jakarta yesterday (24/7). According to Rokhim, Indeks52 may be used as a reference for students’ theses, particularly the ones in economy...
JAKARTA.PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer with known brands such as Arwana and UNO, booked net profit of IDR 203.15 billion in the first half (H1) of 2024. This number slipped 16.6% year-on-year (yoy) from the same period last year. In H1 2023, its net profit was IDR 243.57 billion. In the recently...