Oki Pulp & Paper Mills to issue 3 bonds worth nearly IDR 1 trillion
15 May 2024 08:52
PT Oki Pulp & Paper Mills (OPPM), a subsidiary under PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) of Sinarmas Group, will issue another bond in rupiah and US dollar.
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.
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.
Dividend 65.44% lower, SMGR allocates IDR 572.04 billion this year
07 May 2024 10:03
The dividend of PT Semen Indonesia (Persero) Tbk (SMGR) for the fiscal year (FY) 2023 is 65.44% lower than the dividend for FY 2022, due to the decrease in its net profit attributable to the parent entity.
Turning the table around, Intikeramik Alamasri Industri scored IDR 1.28 billion of profit
06 May 2024 10:22
PT Intikeramik Alamasri Industri Tbk (IKAI) recorded net profit of IDR 1.28 billion in the first quarter (Q1) of 2024, turning the tide from the loss it faced in Q1 2023 of IDR 8.95 billion.
Receiving aid from gov’t, WIKA’s rating up to idBBB-
06 May 2024 09:55
Pemeringkat Efek Indonesia (Pefindo), local rating agency, has increased the rating of PT Wijaya Karya (Persero) Tbk (WIKA) to “idBBB-“ with a stable prospect, from the previous “idSD.”
Solid healthcare ecosystem, Bundamedik scored 9.25% profit growth in Q1
03 May 2024 15:21
PT Bundamedik Tbk (BMHS), the managing company of Bundar Hospital network and several diagnostic laboratories, booked net profit of IDR 10.87 billion in the first quarter of 2024.
Sales stagnated, INDF’s profit down 36.37%
02 May 2024 09:50
Although sales of PT Indofood Sukses Makmur Tbk (INDF) remain stable in Q1 2024, the management has yet succeeded in maintaining profit stability compared to the same period in 2023.
Revenue soared 12.3%, MTDL’s profit stagnated
30 Apr 2024 18:11
PT Metrodata Electronics Tbk (MTDL), a company engaged in the information and communication technology (ICT) sector, reported revenue of IDR 5.1 trillion at the end of the first quarter (Q1) of 2024.
Mandiri Coal to allocate dividend of USD 151.2 million, down 55.8%
29 Apr 2024 14:42
Total dividend of PT Prima Andalan Mandiri Tbk (MCOL) shrank 55.82% to USD 151.20 million in 2023 from USD 235.70 million allocated in 2022.