SGER’s hydrogen peroxide plant of USD 50 million to enter construction stage
05 Mar 2024 14:10
The construction of hydrogen peroxide plant owned by PT Sumber Global Energy Tbk (SGER) has reportedly entered the construction stage.
Skyrocketing revenue boosted DRMA's net profit by 57.6% in 2023
05 Mar 2024 13:58
PT Dharma Polimetal Tbk (DRMA), an automotive spare part and component manufacturer, reported skyrocketing net profit in 2023, soaring 57.6% year-on-year (yoy) to IDR 625.5 billion in December 2023.
Promoting film industry, Jababeka to launch Movieland set catalogue
04 Mar 2024 15:23
PT Jababeka Tbk (KIJA), the developer of Jababeka industrial zone, has introduced Movieland catalogue, featuring 30 movie shooting locations to accommodate the needs of film and television industry in Indonesia.
BWPT’s profit skyrocketed 912.84% in 2023
04 Mar 2024 10:18
Despite the slowing down in the revenue throughout 2023, the net profit of PT Eagle High Plantations Tbk (BWPT) reported a 912.84% upturn from its performance in 2022.
Production thrives, PGEO saw 28% profit surge
04 Mar 2024 09:59
PT Pertamina Geothermal Energy Tbk (PGEO), an entity under Pertamina Group engaged in the geothermal energy industry, reported 28% year-on-year (yoy) profit surge at the end of 2023 to USD 163.57 million.
ADRO to allocate capex of USD 700 million this year
01 Mar 2024 09:36
PT Adaro Energy Indonesia Tbk (ADRO) is allocating capital expenditure (capex) of USD 600 to 700 million in 2024.
Provident Investasi Bersama to issue jumbo bond, eyeing IDR 1.25 trillion
29 Feb 2024 10:51
PT Provident Investasi Bersama Tbk (PALM), an investment holding company of Saratoga Group, will issue the Shelf-Registration Bond II Phase II Year 2024 worth IDR 1.25 trillion.
Fibre optic idle, IBST and MORA enter affiliate transaction
27 Feb 2024 16:07
PT Inti Bangun Sejahtera Tbk (IBST) is initiating an affiliate transaction with PT Mora Telematika Indonesia Tbk (MORA) or Moratelindo regarding sale and purchase of fibre optic worth IDR 15.7 billion.
Post-IPO, Ayam Goreng Nelongso to aim 70% profit growth and cross-border expansion
16 Feb 2024 13:22
PT Bersama Mencapai Puncak Tbk (BAIK), the owning company of Ayam Goreng Nelongso business, aims to score net profit growth of up to 70% year-on-year (yoy) in 2024 after conducting its initial public offering (IPO).
Estetika Tata Tiara to acquire 3 affiliates for IDR 108.2 billion
12 Feb 2024 11:34
PT Estetika Tata Tiara Tbk (BEEF), a company engaged in the processed food manufacture, will acquire 3 affiliated companies with a total acquisition value of IDR 108.2 billion.