Wijaya Karya’s Net Profit Growth 19% YoY
Wijaya Karya, Tbk (WIKA:IJ) booked IDR346Bn in 2Q18 net profit, bringing up its 1H18 net profit to IDR517Bn, accounting for 34% of FY18 consensus. This is slightly below expectation because its 1H17 was accounting for 36% of its FY17.
Read More...Matahari Department Store Launched Whiteberry
Matahari Department Store, Tbk (LPPF:IJ) launched Whiteberry – Style & Comfort Lingerie, an exclusive intimate brand. Whiteberry offers complete collections for intimate products such as bra, panties,.
Read More...BNI Syariah’s Net Profit Growth 23% YoY
Bank BNI Syariah recorded IDR202.9Bn in net profit 1H18 (+23% YoY) supported by credit expansion and increasing fee based income, management stated. Financing to grow by 11.4% YoY to IDR25.1Trn in 1H18, dominated by consumer financing that contributes to.
Read More...MD Pictures’s IPO Issue 1.3Bn Shares
MD Pictures, Tbk (FILM:IJ) is going public by issuing 1.3Bn shares with IDR210/share of Initial Public Offering (IPO) offering price. Currently, it is still in book building.
Read More...Waskita Karya Cut its Earnings Target by 10% in FY18
Waskita Karya, Tbk (WSKT:IJ) plans to cut its revenue, net profit, and new contracts target by 10% from its previous target in FY18 due to delay in several investment projects in toll.
Read More...Hero Supermarket’s Result in 1H18
Hero Supermarket, Tbk (HERO:IJ) booked IDR6.85Trn revenue (-1.11% YoY) in 1H18, compared to 1H17 revenue of IDR6.92Trn. Its gross profit slightly rose to IDR1.82Trn (+0.10% YoY). Meanwhile, its 1H18 profit recorded at IDR34.29Bn (-51.95%.
Read More...Sawit Sumbermas’s FFB Production Growth 25% YoY
Sawit Sumbermas, Tbk (SSMS:IJ) recorded 763,212 tonnes of fresh fruit bunch (FFB) production in 1H18 (+25.2% YoY) compared to 607,106 tonnes in 1H17. Crude palm oil (CPO) production also increase to 212.007 tonnes in 1H18 (+25.5% YoY) from 168,882 tonnes in.
Read More...Catur Sentosa Adiprana’s Private Placement of 405.3Mn shares
Catur Sentosa Adiprana, Tbk (CSAP:IJ) has officially issued shares through private placement. The company listed its shares at IDR800/share, totaling the company’s listed shares at the Indonesia Stock Exchange (IDX) to 4.45bn.
Read More...Sido Muncul’s Net Profit IDR123Bn in 2Q18
Sido Muncul, Tbk (SIDO:IJ) recorded IDR123Bn in 2Q18 net profit (-27% QoQ, 4% YoY), bringing up its 1H18 net profit to IDR292Bn (+19% YoY), accounting for 49% for FY18 consensus. This is slightly ahead of expectation because its 1H17 net profit only accounting for 46% of its 1H17.
Read More...M Cash Integrasi Acquire Digital Marketing Platform
M Cash Integrasi, Tbk (MCAS:IJ) and its subsidiary NFC Indonesia, Tbk (NFCX:IJ) plan to acquire Digital Marketing Solutions (DMS), a pioneer in cloud-basis digital marketing platform, with each 30% and 50% stake in the DMS, respectively. Through this acquirement, NFC Indonesia aims to.
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