A year after IPO, HBAT’s stock crashes 332%
08 Aug 2024 11:18
The stock performance of PT Minahasa Membangun Hebat Tbk (HBAT) dropped 332% after a year debuting on the stock exchange, since August 7, 2023.
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
Topindoku aims 30% profit growth this year
08 Aug 2024 09:54
PT Topindo Solusi Komunika Tbk (TOSK) is targeting 30% net profit growth at the end of this year. In 2023, the company reported net profit of IDR 5.4 billion.
WINS provides US$10 million guarantee for subsidiary
07 Aug 2024 21:27
PT Wintermar Offshore Marine Tbk (WINS), a transportation services issuer, has provided a corporate guarantee of US$10 million.
JLL Indonesia: Prospect for Indonesian data centers are still good
07 Aug 2024 18:32
JLL Indonesia, a commercial real estate management company, views data centers as a property segment that has bright prospects in Indonesia in years to come.
Recently debuting, DOSS ambitiously plan expansion of 2-3 outlets this year
07 Aug 2024 17:16
PT Global Sukses Digital Tbk (DOSS) reveals its expansion plan after recently securing its spot as an issuer listed on Indonesia Stock Exchange (IDX) through its initial public offering (IPO) on Wednesday, August 7, 2024.
KB Valbury Sekuritas invests 3.23 billion shares in Astrindo Nusantara (BIPI)
07 Aug 2024 16:02
On Monday, August 5, PT KB Valbury Sekuritas made a new equity investment in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), a company that provides integrated energy infrastructure. This investor purchased 3.23 billion BIPI shares in total, giving them a 5.07% ownership stake. Furthermore, PT KB Valbury Sekuritas has acquired up to 250 million shares of the oil and gas tanker company PT Buana Lintas Lautan Tbk (BULL), resulting in an increase in their share portion from 5.74% to 7.51%.
Foreign share volumes show small gap, net foreign volume closed at -198.17 million shares
07 Aug 2024 15:53
Foreign investors' share buying and selling activity on Tuesday, August 6, had a small gap. Foreign buying volume was 1.91 billion shares, and foreign selling volume was 2.11 billion shares. As a result, net foreign volume ended at -198.17 million shares. The energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) purchased the most shares, totaling around 166.48 million shares, with a net volume of 163.46 million shares.
AUTO scored profit of IDR 1.01 trillion
07 Aug 2024 15:09
PT Astra Otoparts Tbk (AUTO) bagged net profit of IDR 1.01 trillion in the first half of 2024, up 26.46% year-on-year (yoy) from IDR 801.55 billion seen in H1 2023.
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).