JAKARTA – The management of PT Solusi Sinergi Digital Tbk (WIFI), or mostly known as Surge, expressed their optimism towards its telecommunication infrastructure (telco) business line, which is deemed capable to be the main engine growth for its performance in the future. For the record, as of June 2024, the contribution of telco segment in...
Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons. This target will be attainable through the optimisation of potentials of domestic and export markets. “We continue to maximise the domestic market potential, as well as...
JAKARTA -PT PP Properti Tbk (PPRO)reported 90% year-on-year (yoy) surge in occupancy rate of Prime Park Hotel & Convention Lombok following MotoGP Mandalika 2024 that will be held on September 27-30, 2024. This achievement is revealed by Andek Prabowo, President Director of PPRO, in the press release today (27/8). “Our hotel is elated to welcome...
JAKARTA - Two constituents in the 52 High Dividend Index in the vehicle spare parts industry, PT Astra Otoparts Tbk (AUTO) and PT Selamat Sempurna Tbk (SMSM) pocketed dividend yield growth in 2022 to 2023. However, AUTO pocketed significant growth in the last two years. Based on IDNFinancials’ data compiled on Thursday (22/8), AUTO scored...
JAKARTA. PT Pemeringkat Efek Indonesia (Pefindo) has assigned an idA- rating for PT Sarana Mitra Luas Tbk (SMIL), an issuer that operates in the forklift rental sector. In its ranking report, Pefindo stated that the ranking reflects SMILs fairly strong market position in the forklift rental business. Apart from that, the companys profit margin and...
JAKARTA – Two constituents of Indeks52 High Dividend category come from regional bank industry, and competing for the highest dividend yield growth in 2022 and 2023. Both banks in question are PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR)andPT BPD Jawa Timur Tbk (BJTM). Based on IDNFinancials data compiled Thursday (22/8), BJBR scored...
Mahaka Radio Integra Tbk (MARI) once again reported loss of IDR 9.39 billion in the first half (H1) of 2024. Said loss could be considered an improvement compared to the same period last year, in which MARI’s loss reached IDR 21.32 billion. According to the recently released financial report, MARI’s decreased loss in H1 2024...
JAKARTA – Jakarta Stock Price Composite Index (JCI) reportedly weakens throughout the day (22/8) amidst mass protest outside DPR/MPR Building to rule out Regional Election (Pilkada) Bill. Index trend is in total contrast with yesterday’s (21/8) trend that broke its highest record, following Constitutional Court’s decision to lower parliament threshold in DPRD for gubernatorial election....
JAKARTA. Total incoming bids for the auction of Government Securities (lit. Surat Utang Negara/SUN) yesterday (20/8) reached IDR 104.07 trillion, as stated by the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. This is the 15th SUN auction held by the government since the beginning of 2024. For the record,...
Batavia Prosperindo Internasional Tbk (BPII) will distribute interim dividend of IDR 4.55 per share or IDR 45 billion in total. Jenny Sutio, Corporate Secretary of BPII, mentioned that the interim dividend payout ratio is 61.9% of total net profit of the company scored in the first half (H1) of 2024. As of June 30, 2024,...