ASSA to secure investment financing of IDR 1 trillion
05 Apr 2024 09:27
PT Adi Sarana Armada Tbk (ASSA) has secured an investment financing (musyarakah mustanaqishah) worth IDR 1 trillion from PT Bank Syariah Indonesia Tbk (BRIS).
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.
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.
Net profit soars 38.6%, SUNI to expand plant and operate JV
01 Apr 2024 18:01
PT Sunindo Pratama Tbk (SUNI), an OCTG pipeline producer focused on the oil and gas industry, recorded a 38.6% year-on-year (yoy) increase in net profit to reach IDR 100.9 billion at the end of 2023.
Mandala Finance has an “idAAA” rating after MUFG and Adira Finance’s acquisition
21 Mar 2024 12:48
Pemeringkat Efek Indonesia (Pefindo) has upgraded the rating of PT Mandala Multifinance Tbk (MFIN) or Mandala Finance to “idAAA” with “stable” prospect, as well as “idAAA” and “idAAA(sy)” ratings for currently existing bond and sukuk.
TDPM secures loan, allocating to working capital and obligation payment
21 Mar 2024 11:02
PT Tridomain Performance Materials Tbk (TDPM) has secured a loan of USD 3.75 million or equal to IDR 58.27 billion from PT Prima Lintas Jaya Mandala (PLJM).
Mandom Indonesia’s profit soared 106% in 2023
19 Mar 2024 13:26
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, booked net profit of IDR 38.12 billion in 2023, soaring 106% year-on-year (yoy) higher.
Amman Mineral to set up capex of IDR 31.2 trillion for expansion
15 Mar 2024 16:09
PT Amman Mineral Internasional Tbk (AMMN), a copper and gold mining company, is preparing a capital expenditure (capex) budget of USD 2 billion or equal to approximately IDR 31.2 trillion this year.
SHIP’s subsidiary to secure facility of USD 32.85 million from Bank Mandiri
13 Mar 2024 16:01
PT Golden Benua Maritim (GBM), one of many subsidiaries of PT Sillomaritime Perdana Tbk (SHIP), has signed a credit facility agreement with PT Bank Mandiri (Persero) Tbk (BMRI).
Panca Budi Idaman’s net profit grew 6% amidst declining sales
13 Mar 2024 10:31
PT Panca Budi Idaman Tbk (PBID), a plastic packaging manufacturer and distributor, booked net profit of IDR 374.15 billion in 2023, up 6% year-on-year (yoy).