JAKARTA – PT Trijaya Putra Mulia (TPM) scored fresh funds of IDR 24 billion from the divestment of 1.72% of its portion in PT First Media Tbk (KBLV). As of October 2021, KBLV’s total shares amounted to 1,742,167,907 units, 33.76% of which belonged to PT Reksa Purpita Karya (RPK). TPM claimed 41.43% of them, followed by PT Ciptadana Capital (CC) 19.72%, and the public 5.09%.
Eddy Harsono Handoko, President Director of TPM, confirmed having sold off 30 million shares for IDR 800 each at the end of November 2021. “The stock ownership after the transaction now equals 691,772,713 shares or 39.71% from the previous 721,772,713 shares or 41.43%,” he explained in the information disclosure quoted today (10/12).
As of September 2021, this company reported revenue of IDR 108.51 billion, decreasing from the same period last year of IDR 139.79 billion. Its gross profit also depleted to IDR 43.86 billion from IDR 62.39 billion, while its operating profit proliferated to IDR 168.59 billion from a loss of IDR 86.60 billion recorded in the same period last year. it resulted from the decrease in the account receivables costs of its non-business affiliates. (LK/ZH)