Mandom Indonesia’s profit soared 106% in 2023
19 Mar 2024 13:26
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, booked net profit of IDR 38.12 billion in 2023, soaring 106% year-on-year (yoy) higher.
SHIP’s subsidiary to secure facility of USD 32.85 million from Bank Mandiri
13 Mar 2024 16:01
PT Golden Benua Maritim (GBM), one of many subsidiaries of PT Sillomaritime Perdana Tbk (SHIP), has signed a credit facility agreement with PT Bank Mandiri (Persero) Tbk (BMRI).
Massive expansion pays off, Cinema XXI gains 18.9% revenue surge
13 Mar 2024 10:55
PT Nusantara Sejahtera Raya Tbk (CNMA), the managing company of Cinema XXI theatre network, recorded revenue surge of 18.9% year-on-year (yoy) in 2023 to IDR 5.2 trillion.
UOB pairs up with Garuda Indonesia to introduce GIUC card
08 Mar 2024 16:13
PT Bank UOB Indonesia joins hands with PT Garuda Indonesia Tbk (GIAA) and Mastercard to introduce Garuda Indonesia UOB Credit Card (GIUC), which combines the perks of credit card spending and rewards from mileage system.
Revenue soared, Cisarua Mountain Dairy’s net profit hit 17% growth
07 Mar 2024 11:15
PT Cisarua Mountain Dairy Tbk (CMRY) booked net profit of IDR 1.24 trillion throughout 2023, growing 17% year-on-year (yoy), driven by its quite solid performance in its revenue.
Maybank Indonesia saw 18.5% profit growth to IDR 1.74 trillion in 2023
29 Feb 2024 11:27
PT Bank Maybank Indonesia Tbk (BNII), a private bank with total assets of IDR 171.8 trillion, booked net profit of IDR 1.74 trillion in 2023.
Tiktok acquiring 75% Tokopedia: GOTO’s gain or loss?
28 Feb 2024 11:49
After becoming the public’s hot topic since late 2023, PT GOTO Gojek Tokopedia Tbk (GOTO) finally sent official words regarding the acquisition of Tokopedia by the giant video platform from China, Tiktok.
Citra Borneo Utama secured credit facility of IDR 1 trillion from BRI
27 Feb 2024 13:04
PT Citra Borneo Utama Tbk (CBUT), the issuer engaged in the downstream process of palm refinery sector, has obtained a credit facility from PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) or BRI worth IDR 1 trillion.
PCC rules Judicial Release in favour of GIHF
27 Feb 2024 11:03
Paris Commercial Court (PCC) has ruled on the Judicial Release in favour of Garuda Indonesia Holiday France S.AS (GIHF) for the appeal submitted by Greylag Goose Leasing 1410 and 1446 Designated Activity Company (Greylag Entities).
Revenue strengthened, BFIN’s net profit slipped 9% in 2023
26 Feb 2024 10:06
Although its revenue grew by a double digit, PT BFI Finance Indonesia Tbk (BFIN) failed to record the same win for its net profit at the end of 2023, booking net profit of only IDR 1.6 trillion or 9% year-on-year (yoy) decrease.