JAKARTA – Stock performances of four issuers were reportedly plummeting after a year making their ways in the stock exchange, ranging from August 8 to 10, 2023. Based on IDNFinancials data compiled today (13/8), four issuers were seen turning one year old as public companies. They are PT Mutuagung Lestari Tbk (MUTU),PT Humpuss Maritim Internasional...
JAKARTA. PT Prima Globalindo Logistik Tbk (PPGL), a freight-forwarding company, plans to allocate interim dividend of IDR 3.5 billion or IDR 4.54 per share. Darmawan Suryadi SM, President Director of PPGL, mentioned that the dividend distribution plan aligns with the decision made by the board of directors of the company. “It had been approved by...
JAKARTA. PT Bank Ina Perdana Tbk (BINA) has officially formed a strategic partnership with PT Bahana Artha Ventura (BAV) in order to support the expansion of Micro, Small, and Medium Enterprises (MSMEs). Through this collaboration, BINA also asserts its commitment to provide IDR 50 billion, as well as accumulated partnership value with a limit of...
JAKARTA. PT Sarana Multigriya Finansial (Persero) or SMF, a state-owned company engaged in secondary financing for housing ownership, will issue Shelf-Registration Bond VII of SMF Phase VI Year 2024 and Shelf-Registration Sukuk Musyarakah I Phase III Year 2024. Both securities will be offered with total principal of IDR 1.69 trillion, split into IDR 1.42 trillion...
JAKARTA -PT Sri Rejeki Isman Tbk (SRIL) will place over 50% of its total assets and equity as a security to creditors in regard to the homologated decision of peace agreement ordered by the Commercial Court of Semarang, Central Java. This plan is said to be further decided during the Extraordinary General Meeting of Shareholders...
Graha Layar Prima Tbk (BLTZ), the managing company of CGV theatre network in Indonesia, booked net profit of IDR 9.87 billion in the first half (H1) of 2024. Said number contrasted with BLTZ’s record in H1 2023, in which the company lost IDR 6.09 billion. According to the recently issued financial report, BLTZ’s profitability in...
AirSculpt Technologies, Inc. (AIRS) reported Friday a net loss for the second quarter of $3.21 million or $0.06 per share, compared to net income of $1.8 million or $0.03 per share in the prior-year quarter. Revenue for the quarter declined 8.4 percent to $51.0 million from $55.70 million in the same quarter last year. On...
Perrigo Co. plc is recalling select Premium Infant Formula with Iron Milk-Based Powder sold under CVS Health and H-E-B Baby brands at the retailer and warehouse level citing elevated Vitamin D levels than permitted, according to the U.S. Food and Drug Administration. The recall involves three lots within one batch, or 16,500 cans, of store...
Construction Partners, Inc. (ROAD) reported Friday that net income for the third quarter grew to $30.91 million or $0.59 per share from $25.68 million or $0.41 per share in the prior-year quarter. On average, seven analysts polled by Thomson Reuters expected the company to report a loss of $0.54 per share for the quarter. Analysts...
European markets are expected to start the new week on an optimistic note even amidst anxiety ahead of crucial inflation updates due from Europe, U.K and the U.S. over the course of the week. Overwhelming expectations of a Fed rate cut in September is supporting market sentiment. The unfolding geopolitical situation in the Middle East...