Stagnant sales, Mustika Ratu still saw surge in net profit
21 Aug 2024 09:42
PT Mustika Ratu Tbk (MRAT), a cosmetic and body care product manufacturer, scored net profit of IDR 302.19 million in the first half (H1) of 2024.
Operating expenses increased, PPGL’s net profit was corrected 12.4%
19 Aug 2024 08:07
PT Prima Globalindo Logistik Tbk (PPGL), a logistics and shipping company, booked net profit of IDR 8.34 billion in the first half (H1) of 2024.
PPGL to distribute interim dividend of IDR 4.54 per share
13 Aug 2024 11:44
PT Prima Globalindo Logistik Tbk (PPGL), a freight-forwarding company, plans to allocate interim dividend of IDR 3.5 billion or IDR 4.54 per share.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
BYAN to allocate IDR 306.16 billion for coal distribution
07 Aug 2024 14:40
PT Bayan Resources Tbk (BYAN), the biggest coal mining company in Indonesia, spends IDR 306.16 billion on the improvement of hauling road for coal logistics for one of its subsidiaries, PT Fajar Sakti Prima (FSP).
Securing medical device supply chain, Prodia spends IDR 72 billion on 39% of Proline
28 Jun 2024 12:51
PT Prodia Widyahusada Tbk (PRDA) takes an extra measure to secure supply chain of in vitro diagnostic (IVD) test tools by acquiring 39% of its affiliate, PT Prodia Diagnostic Line (Proline).
Approved, MUTU add new business lines to extend service and boost profit
26 Jun 2024 18:49
At today’s (26/6) EGMS, shareholders of PT Mutuagung Lestari Tbk (MUTU) agreed upon the company’s plan to add business activities through addition of 10 new KBLI.
All business lines improved, MUTU scored profit growth of 34.66% in Q1 2024
26 Jun 2024 15:07
Supported by revenue surge, PT Mutuagung Lestari Tbk (MUTU) booked net profit of IDR 4.39 billion at the end of March 2024, or up 34.66% year-on-year (yoy).
Profit declined, MUTU stays true to its promise of 30% dividend allocation
26 Jun 2024 14:24
PT Mutuagung Lestari Tbk (MUTU) fulfils its promise stated in its IPO prospectus last year by allocating dividend of 30.45% of its 2023 net profit despite 15.8% year-on-year (yoy) contraction.
Prodia Diagnostic Line hosts topping-off for new production facility, targeting TKDN above 60%
25 Jun 2024 15:07
PT Prodia Diagnostic Line (Proline), "sister company" of PT Prodia Widyahusada Tbk (PRDA) which is engaged in manufacturing reagents and test equipment, has just held the topping off of its newest production facility building today (25/6) in the Jababeka area, Cikarang.