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After purchasing 1.13 billion Surya Eka (ESSA) shares, Jonathan Chang now owns 6.6% stake

03 Apr 2024 19:49

PT Surya Esa Perkasa Tbk (ESSA), which operates a private LPG refinery and ammonia factory, welcomed Jonathan Chang as a new investor on Monday, April 1. PT BNC Sekuritas Indonesia facilitated this purchase of 1.13 billion ESSA shares, giving Chang approximately 6.6% ownership. Aside from that, a new investor also entered PT Sumber Energi Andalan Tbk (ITMA), a company that provides consulting services in the mining and energy sectors, namely PT Bersama Jaya Solusi. This investor purchased approximately 50.73 million ITMA shares through two securities companies, accounting for approximately 5.08% of the ownership.

After purchasing 1.13 billion Surya Eka (ESSA) shares, Jonathan Chang now owns 6.6% stake

Foreign buy volume rises, net foreign volume records surplus 938.64 million shares

03 Apr 2024 19:20

The foreign buy volume on Tuesday, April 2, rose considerably from the previous day, reaching 3.63 billion shares. Meanwhile, foreign sell volume was just 2.69 billion shares, resulting in a net foreign volume surplus of approximately 938.64 million. The shares with the highest purchases belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), with 1.52 billion shares purchased, and it recorded a net volume of 774.33 million shares.

Foreign buy volume rises, net foreign volume records surplus 938.64 million shares

Revenue down 1.7%, Trisula International boosted profit 6% to IDR 68.2 billion

03 Apr 2024 17:28

PT Trisula International Tbk (TRIS) reported net profit growth of up to 6% year-on-year (yoy) amidst the slippage of revenue by 1.7% yoy at the end of 2023, driven by solid performances of its subsidiaries.

Revenue down 1.7%, Trisula International boosted profit 6% to IDR 68.2 billion

Revenue up, MMLP’s profit slowed down

03 Apr 2024 17:08

The profit of PT Mega Manunggal Property Tbk (MMLP) reportedly slowed down in 2023 despite its revenue growth from 2022.

Revenue up, MMLP’s profit slowed down

Vice President optimistic Menara Syariah will become sharia economy icon

03 Apr 2024 11:01

Ma'ruf Amin, Vice President of the Republic of Indonesia, is optimistic that the presence of the Menara Syariah can create a global scale sharia economic ecosystem.

Vice President optimistic Menara Syariah will become sharia economy icon

Foreign buying and selling volumes differ slightly; net foreign volume closed at 3.16 million shares

02 Apr 2024 18:20

On Monday, April 1, there was only a slight difference between foreign share buying and selling activity, with both volumes at 2.15 billion shares. As a result, net foreign volume closed at around 3.16 million shares of surplus. The foreign investors purchased the most shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), totaling around 646.20 million shares for a net volume of 240.38 million.

Foreign buying and selling volumes differ slightly; net foreign volume closed at 3.16 million shares

Profit up 66%, CLEO to expand factory outside Java

02 Apr 2024 15:31

PT Sariguna Primatirta Tbk (CLEO), a bottled drinking water manufacturer under Tanobel Group, recorded net profit surge 66% year-on-year (yoy) to IDR 324.09 billion at the end of 2023.

Profit up 66%, CLEO to expand factory outside Java

CTRA saw slight slippage in profit in 2023

02 Apr 2024 09:44

The profit of PT Ciputra Development Tbk (CTRA) saw 0.85% decline in 2023 compared to 2022.

CTRA saw slight slippage in profit in 2023

Net profit soars 38.6%, SUNI to expand plant and operate JV

01 Apr 2024 18:01

PT Sunindo Pratama Tbk (SUNI), an OCTG pipeline producer focused on the oil and gas industry, recorded a 38.6% year-on-year (yoy) increase in net profit to reach IDR 100.9 billion at the end of 2023.

Net profit soars 38.6%, SUNI to expand plant and operate JV

Financial expenses swelled, ALDO’s profit shrank 96.30%

01 Apr 2024 09:49

Although PT Alkindo Naratama Tbk (ALDO) sported 17.91% year-on-year (yoy) revenue growth, its profit faced a sharp downturn of 96.30% yoy in 2023 compared to 2022, due to increased cost of revenue and financial expenses.

Financial expenses swelled, ALDO’s profit shrank 96.30%