SUN auction reported incoming bids of IDR 66.99 trillion
07 Aug 2024 11:01
Total incoming bids reported in the last round of Government Securities (SUN) auction hit IDR 66.99 trillion, according to DJPPR of the Ministry of Finance.
RAAM plans to issue 19.42 million shares via private placement
06 Aug 2024 15:28
PT Tripar Multivision Plus Tbk (RAAM), also known as Multivision Plus production house, is planning the issuance of 619.42 million shares worth IDR 60 each via private placement.
BFIN reported profit slippage of 19.16% in H1 2024
06 Aug 2024 10:24
PT BFI Finance Indonesia Tbk (BFIN) saw correction in its performance in H1 2024 compared to the same period in 2023. This revenue decline was triggered by low revenue from financing receivables.
Turning loss around, NETV bags IDR 49.99 billion in the first half
05 Aug 2024 20:51
PT Net Visi Media Tbk (NETV), a holding companya managing television broadcast and creative content production, booked net profit of IDR 49.99 billion in the first half (H1) of 2024.
SMDR’s profit down 56.50% in H1 2024
05 Aug 2024 11:06
The performance of PT Samudra Indonesia Tbk (SMDR), an operator of logistics and shipping services, reportedly slowed down in the first half of 2024 due to decline in freight income.
Adira Finance saw profit shrinkage due to swelling expenses
02 Aug 2024 14:27
The revenue of PT Adira Dinamika Multifinance Tbk (ADMF) reportedly increased 10.68% year-on-year (yoy) in H1 2024, while its profit sloped 6.58% yoy due to a 16.32% yoy increase in total expenses.
Approved, Bank Commonwealth officially merges into Bank OCBC NISP
02 Aug 2024 14:05
After the green light from shareholders, PT Bank OCBC NISP Tbk (OCBC) now officially merges PT Bank Commonwealth (PTBC) with the company.
First half done, SMGR saw 42.10% decline in profit
01 Aug 2024 10:58
The profit of PT Semen Indonesia (Persero) Tbk (SMGR) plummeted 42.10% year-on-year (yoy) in H1 2024 compared to H1 2023.
Enseval Putera Megatrading to establish a joint venture worth IDR 650 billion
30 Jul 2024 09:53
PT Enseval Putera Megatrading Tbk (EPMT), a wholesale trading company for pharmaceutical products and medical devices, has signed a Shareholders Agreement (SHA) with Lian SGP Holding Pte. Ltd. (Lian SGP).
Low purchasing power, Matahari’s sales corrected 2.8% in H1 2024
25 Jul 2024 10:11
PT Matahari Department Store Tbk (LPPF), one of the biggest retail companies in Indonesia, reported sales decline in H1 2024 of 2.8% year-on-year (yoy) to IDR 7.23 trillion.