5 new issuers to be added to Sri Kehati Index
28 May 2024 09:56
Five issuers has been listed as new constituents of Sri Kehati Index, replacing 5 others, following a major evaluation.
MSCI Global Small Cap Index reevaluated, 9 Indonesian issuers were dropped
15 May 2024 17:04
Five issuers listed on Indonesia Stock Exchange (IDX) are now entering as constituents of MSCI Global Small Cap Indexes, replacing 9 other companies from said index.
Entering new market, Mustika Ratu to partner with Japan’s Sugi Holdings
13 May 2024 12:09
PT Mustika Ratu Tbk (MRAT) has agreed upon a cooperation with Sugi Holdings Co. Ltd., a public company listed on Tokyo Stock Exchange (TYO), for its business development.
ASSA’s net profit grew 37% in Q1 2024, setting up capex of IDR 1.5 trillion
03 May 2024 10:26
PT Adi Sarana Armada Tbk (ASSA), a logistics company, scored net profit of IDR 71 billion in the first quarter (Q1) of 2024, up 37% year-on-year (yoy) or from the same period last year.
PANI shifts PTPP position in IDX80
25 Apr 2024 15:39
PT Pantai Indah Kapuk Dua Tbk (PANI) has replaced PT Pembangunan Perumahan (Persero) Tbk (PTPP) at 63rd in the IDX80 Index. The state-owned company's position slipped to 68th in the index, which consists of 80 issuers.
Mooryati Soedibyo, Mustika Ratu founder, passed on at 96
24 Apr 2024 16:18
Mooryati Soedibyo, the founder of the renowned body care product company in Indonesia, PT Mustika Ratu Tbk (MRAT), has reportedly passed away at 96 years old.
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.
Credit slowed down, Citi's profit remains solid; up 82% in 2023
02 Apr 2024 19:02
Solely focusing on institutional banking business now, Citibank N.A. Indonesia, or more popularly known as Citi Indonesia, was still able to record 82% year-on-year (yoy) surge in its net profit, arriving at IDR 2.5 trillion in 2023.
Weakening textile industry, Trisula Textile managed to score 157% profit growth
02 Apr 2024 10:51
Amidst the slowing down of domestic textile industry, PT Trisula Textile Industries Tbk (BELL), a textile manufacturer and trading company, scored sales growth of up to 17% year-on-year (yoy) to IDR 538.6 billion at the end of 2023.
Shipping services slowed down, ASSA's net profit still soars 425%
01 Apr 2024 18:44
PT Adi Sarana Armada Tbk (ASSA), a transportation solutions provider, recorded net profit growth of up to 425% year-on-year (yoy) despite the sluggish AnterAja delivery service business.