Weak coal industry, TEBE readies diversification
08 May 2024 14:03
PT Dana Brata Luhur Tbk (TEBE) recorded a significant decline in revenue in Q1 2024 by up to 42.3% year-on-year (yoy) due to slowing-down of coal industry.
Solid revenue, SCMA's profit skyrocketed 185.8%
08 May 2024 10:01
PT Surya Citra Media Tbk (SCMA), a media company overseeing several television channels and digital platforms, booked net profit of IDR 190.51 billion in the first quarter of 2024.
UANG secures IDR 470 billion loan for 2 property projects
08 May 2024 09:46
PT Pakuan Tbk (UANG) secures a loan of a maximum IDR 470 billion from PT Bank Central Asia Tbk (BBCA) in relation the the development of Shila at Sawangan and Vasanta Ecotown.
Total bids in last state sukuk auction reached IDR 15.99 trilion
07 May 2024 20:35
The amount of bids recorded in the auction of Sharia Government Securities (SBSN) last Monday (6/5) was reported at IDR 15.99 trillion.
Sales thrive, SUNI secures 30% of this year’s profit target
07 May 2024 14:53
It has only been three months in into 2024, but PT Sunindo Pratama Tbk (SUNI) has reached 30% of its net profit target for 2024, scoring IDR 33.37 billion until the end of March 2024.
East Ventures to lead the funding of Runchise culinary start-up of USD 1 million
07 May 2024 11:12
Runchise, a start-up in culinary franchise and restaurant management based in Indonesia, has secured a funding worth USD 1 million, led by East Ventures.
Bayan Resources’ net profit plummeted 49.7% this Q1
07 May 2024 09:17
PT Bayan Resources Tbk (BYAN), a coal mining company of Low Tuck Kwong, reported net profit of USD 210.64 million throughout the first quarter (Q1) of 2024.
MDKA to hold another private placement, this time with 10% new shares
07 May 2024 08:01
PT Merdeka Copper Gold Tbk (MDKA), a gold mining company debuted on Indonesia Stock Exchange (IDX) in 2015, will issue additional shares without pre-emptive rights, also known as private placement.
Property sales decline, INPP faces revenue stagnation
06 May 2024 17:36
PT Indonesian Paradise Property Tbk (INPP) reported stagnation in its revenue in the first quarter of 2024, reaching IDR 262.6 trillion at the end of March 2024.
Operational cost slimmed down, Avrist’s profit up 18.25% in 2023
06 May 2024 16:06
PT Avrist Assurance, an insurance company widely known as Avrist, reported net profit soaring 18.25% year-on-year (yoy) to IDR 145 billion last year.