PWON’s profit eroded 44.41% in Q1 2024 due to forex losses
07 May 2024 14:32
PT Pakuwon Jati Tbk (PWON) saw net profit decline in Q1 2024 due to increased general expenses, as well as losses on foreign exchange (forex).
Morning session caught JCI solid in green zone
07 May 2024 11:14
Although Jakarta Composite Index (JCI) slipped to the red zone right after gaining strides at today’s (7/5) opening bell, the index managed to pick up the pace and climbed back up at 11 AM WIB.
East Ventures to lead the funding of Runchise culinary start-up of USD 1 million
07 May 2024 11:12
Runchise, a start-up in culinary franchise and restaurant management based in Indonesia, has secured a funding worth USD 1 million, led by East Ventures.
UBS AG Singapore invests in BISI International (BISI) and now controls 5.27%
07 May 2024 10:13
On Thursday, May 2, a foreign investor named UBS AG Singapore Non-Treaty Omnibus Account - 2091144090 made a new investment in PT BISI International Tbk (BISI). The investor acquired 157.95 million shares of this agricultural issuer, giving it an immediate share ownership of 5.27%. The same investor was also observed purchasing 5.60 million additional shares in the agricultural firm PT Charoen Pokphand Indonesia Tbk (CPIN), resulting in a rise in the share percentage from 5.95 to 5.98%.
Dividend 65.44% lower, SMGR allocates IDR 572.04 billion this year
07 May 2024 10:03
The dividend of PT Semen Indonesia (Persero) Tbk (SMGR) for the fiscal year (FY) 2023 is 65.44% lower than the dividend for FY 2022, due to the decrease in its net profit attributable to the parent entity.
Bayan Resources’ net profit plummeted 49.7% this Q1
07 May 2024 09:17
PT Bayan Resources Tbk (BYAN), a coal mining company of Low Tuck Kwong, reported net profit of USD 210.64 million throughout the first quarter (Q1) of 2024.
MDKA to hold another private placement, this time with 10% new shares
07 May 2024 08:01
PT Merdeka Copper Gold Tbk (MDKA), a gold mining company debuted on Indonesia Stock Exchange (IDX) in 2015, will issue additional shares without pre-emptive rights, also known as private placement.
Garudafood Putra Putri Jaya to distribute cash dividend of IDR 331.92 billion
07 May 2024 07:12
PT Garuda Food Putra Putri Jaya Tbk (GOOD), a processed food manufacturer established in 1979, will issue cash dividend distribution of IDR 331.92 billion, or IDR 9 per share, from its net profit in the fiscal year (FY) 2023.
Up to 2.87 billion Gojek Tokopedia shares purchased; net foreign volume recorded at 537.80 million
06 May 2024 18:30
On Friday, May 3, foreign investors purchased 2.87 billion shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of 783.74 million shares. This deal raised foreign buying volume to 4.65 billion shares. Meanwhile, foreign sales volume was around 4.11 billion shares, resulting in a net foreign volume of 537.80 million shares in the surplus.
Wheat prices soared, TRGU’s profit dropped 90%
06 May 2024 18:08
PT Cerestar Indonesia Tbk (TRGU) recorded 50% year-on-year (yoy) surge in its revenue to IDR 1.8 trillion at the end of Q1 2024.
