Search result for: "buyback"

Buyung Poetra Production Capacity Increase. A company engage in the production and wholesale of rice products. Buyung Poetra Sembada Tbk (HOKI IJ) reveal the prospect of the rice business going forward will remain bright. In line with the needs of the Indonesian people for rice.

Hermina Growth Optimism. Medikaloka Hermina Tbk (HEAL IJ) shows the prospect of sustainable growth in the long term. This is support by the expansion of the company’s hospital network. And growth in the number of National Health Insurance (JKN) participants. The increase in JKN participants will be a supporting factor for Hermina’s market share growth.

LPPF Same Store Sales Projection. A ritel company Matahari Department Store Tbk (LPPF IJ) has reopened 141 stores on June 16, 2020. This means that almost 92% of LPPF’s shops have been opened. The number of shops opened increased from the beginning of May to 24 which opened or only around 16% of the total.

Tiphone Selective Default. The cellular vouchers distributor company Tiphone Mobile Indonesia Tbk (TELE IJ) fail to pay interest on a bank syndicate loan. That matures in March 2020. That is why, the Indonesia Credit Rating Agency (Pefindo) downgraded Tiphone. From BB+ to Selective Default. Based on Pefindo, Tiphone has a syndicate loan from Standard Chartered.

As well as Buyung Poetra Net Profit Fell 42.42%. Buyung Poetra Sembada Tbk (HOKI IJ) record growth in sales performance. In the first three months of this year. Base on the financial statements, this HOKI post a net sales of IDR 450.42 billion in 1Q20. This realization rose 12.99% compare to the 1Q19 net sales.

Pakuwon Jati Cuts Marketing Sales. Economic pressure due to the COVID-19 global pandemic was also felt by property companies such as, Pakuwon Jati Tbk (PWON IJ). Director of Pakuwon Jati, Ivy Wong, said that the number of coronavirus patients, which is still increasing and the implementation of large-scale social restrictions (PSBB), complicates the current condition.

Toll Road Traffic and Coronavirus Outbreak. The attempt to minimize the spread of a Coronavirus COVID-19 impacts the decrease in traffic on the toll roads owned by Jasa Marga (Persero) Tbk (JSMR IJ). Jasa Marga noticed, a decrease in the number of vehicles that passed since.

A COVID-19 Outbreak Suppress Mall Visitors. The outbreak of the Coronavirus COVID-19 global pandemic hurt the shopping center. The increasing amount of suspect Coronavirus causes people to reduce outdoors activities, including shopping.

Retail company Sarinah Expansion to Saudi Arabia. Sarinah (Persero) will expand into the Saudi Arabia market next year. Develops two units of outlets in Jeddah and Mecca through cooperation with local partners. Director of Sarinah, Gusti Ngurah Putu Sugiarta Yasa said, business expansion to Saudi.

BBRI assists Sarinah as SME Mall. State Own Enterprise (SOE) Minister, Erick Thohir, asked Bank Rakyat Indonesia (Persero) Tbk (BBRI) to assist Sarinah (Persero) to become a shopping center selling micro, small, and medium enterprises or SME. The Bank with the largest total.