# corporate newsLatest news group about corporate news.
Paint Company Avian Books $53 Million ProfitAvian maintains a substantial presence across Indonesia with 114 distribution centers and 37 major distributors operated by partners.
Business Aug 2, 2023 | 6:25 pm
Cinema XXI Gets Listed on IDX after Raising Rp 2T from IPOAfter the IPO, Cinema XXI now has 41,673 individual and institutional shareholders.
Business Aug 2, 2023 | 12:45 pm
BNI Spends Rp 5T Green Bond Proceeds on Sustainable Economic ProgramsBNI has taken steps to calculate emissions when engaging with businesses in sectors such as plantation, mining, and commodities.
Business Aug 1, 2023 | 7:42 pm
Garuda Trials Biofuel Mix on B737 EngineThe static testing of the biofuel mix, known as Bioavtur J2.4, was carried out on July 26, using a CFM56-7B jet engine.
Tech Aug 1, 2023 | 4:11 pm
Adira Finance (ADMF) Records Rp 818B Net Profit in H1-2023The company currently serves 1.8 million customers with loans amounting to around Rp 48 trillion a year.
Business Jul 31, 2023 | 2:59 pm
Lippo Karawaci Turns Loss into Rp 1 Trillion Profit in 1st Half of 2023During the first half of last year, the real estate developer incurred a net loss of Rp 1.2 trillion.
Business Jul 31, 2023 | 12:03 pm
Bumi Resources Sees 1st Half Profit Fall by 51%If consolidated with revenue from subsidiary Kaltim Prima Coal, Bumi’s gross revenue totaled $3.3 billion.
Business Jul 29, 2023 | 9:30 pm
Vale Indonesia Posts $168 Million First-Half Profit amid Acquisition PressureThe amount is around $18 million more than the profit in the first half of last year.
Business Jul 28, 2023 | 2:50 pm
XL Axiata Reports Rp 650B Profit in 1st Half of 2023XL Axiata has 58 million users across Indonesia, with the average revenue per user (ARPU) increasing from Rp 38,000 to Rp 41,000.
Business Jul 28, 2023 | 1:11 pm
HM Sampoerna Reports $250M Net Profit in 1st Half of 2023Cigarette stocks enjoyed windfall gains in the first quarter of the year as major producers raised their prices almost simultaneously.
Business Jul 27, 2023 | 4:03 pm
GoTo Launches Digital Payment App GoPayThe app consumes only 25 megabytes of memory on Android-based cellphones, making it accessible to a wide range of users.
Tech Jul 26, 2023 | 4:16 pm
Sido Muncul Reports Rp 448B Profit in 1st Half of 2023Sido Muncul is the owner of famous brands like flu relief syrup Tolak Angin and supplement drink Kuku Bima.
Business Jul 26, 2023 | 12:31 pm
Siloam Hospitals Achieves Remarkable 142.5% Rise in 1st Half ProfitDuring the same period, Siloam's revenue also rose by 19.1 percent year-on-year, amounting to Rp 4.09 trillion.
Business Jul 25, 2023 | 11:56 pm
BNI Reports 17% Surge in First-Half ProfitBNI has channeled Rp 650.8 trillion in credits to corporate and individual customers throughout the first half, up by 4.9 percent y-o-y.
Business Jul 25, 2023 | 11:07 pm
Inpex, Pertamina Ink Partnership Deal to Manage Masela Gas BlockThe agreement between Inpex and Pertamina came after oil giant Shell gave up a 35 percent participating interest in the Abadi gas project.
Business Jul 25, 2023 | 7:43 pm
Shell Gives Up 35% Interest in Masela Block to Pertamina, Petronas for $650MJapanese exploration firm INPEX Corporation currently holds a 65 percent operating interest in Masela Production Sharing Contract.
Business Jul 25, 2023 | 3:59 pm
Sinergi Inti Becomes 50th Company to Get Listed on IDX in 2023During its trading debut in the secondary market Monday morning, INET shares opened 34.65 percent higher to Rp 136.
Business Jul 24, 2023 | 1:54 pm
Pertamina to Launch High-Octane Gasoline with 5% Bioethanol MixCalled Pertamax Green, the gasoline product has an octane rating of 95.
Business Jul 23, 2023 | 11:53 am
Mandiri Services Concludes IPO of Sharia-Compliant SharesThe Financial Services Authority (OJK) has classified Mandiri Services' stock as Sharia-compliant shares.
Business Jul 21, 2023 | 6:11 pm
Cybersecurity Firm ITSEC Asia Seeks to Raise $7M from IPOEstablished in 2010, ITSEC Asia asserts itself as one of the largest cybersecurity firms in Asia and the Pacific.
Business Jul 19, 2023 | 7:56 pm
PDI-P Confirms Prabowo's Request for Gibran as Running Mate
77 Indonesians Could Be Spared Death Penalty in Malaysia
Jakarta Implements Higher Parking Tariffs for Vehicles Skipping Emission Tests
Who is to Blame for Looming Shutdown in the US?
South Korean League of Legends Team Wins Gold at Asian Games