Indonesia's digital titan, GOTO (PT GoTo Gojek Tokopedia Tbk), delivered a powerful performance in the third quarter of 2025, signaling a significant pivot towards sustained profitability. The tech giant's Adjusted EBITDA surged, culminating in an…
ANTM: Aneka Tambang’s Net Profit Skyrockets 171% in…
Indonesia's mining titan, PT Aneka Tambang Tbk (ANTM), has delivered a striking financial performance, reporting a monumental 171% year-on-year surge in net profit for the first nine months of 2025. This impressive growth underscores the…
PGEO’s Profit Paradox: Robust Revenue Growth Stymied by…
Pertamina Geothermal Energy (PGEO) delivered a compelling paradox in its third-quarter 2025 earnings: robust revenue expansion clashed with escalating operational costs, ultimately compressing net profits below market expectations. Investors are now dissecting whether this represents…
BMRI: Bank Mandiri’s 9M25 Earnings Steady Amidst Shifting…
Indonesia's banking giant, Bank Mandiri (BMRI), has reported a net profit of IDR 37.7 trillion for the first nine months of 2025, reflecting a 10% year-over-year (YoY) decline. Despite this dip, the performance aligns precisely…
Garuda Indonesia (GIAA) Navigates Capital Restructuring: Private Placement…
Garuda Indonesia (GIAA), the national flag carrier, is embarking on a strategic capital restructuring journey. Following a substantial private placement, the airline plans to conduct a rights issue, a move aimed at bolstering public share…
TPIA Fuels Growth: Chandra Asri Pacific Acquires ExxonMobil’s…
Chandra Asri Pacific (TPIA), Indonesia's premier petrochemical company, has made a decisive move into the downstream energy sector, announcing the acquisition of ExxonMobil's entire Esso-branded retail fuel station network in Singapore. This strategic purchase underscores…
BBTN (PT Bank Tabungan Negara): Riding Bank Indonesia’s…
As unveiled during PT Bank Tabungan Negara (BBTN)'s recent earnings call presentation, Bank Indonesia (BI) is deploying a strategic expansion of its macroprudential liquidity incentives. These forward-looking measures, effective December 1, 2025, aim to significantly…
AKRA: AKR Corporindo Navigates Mixed 3Q25 Results, Eyes…
PT AKR Corporindo Tbk (AKRA) unveiled its 3Q25 financial performance, reporting a net profit of IDR 470 billion. While this marks a modest 1% year-on-year (YoY) increase, it also represents a 24% quarter-on-quarter (QoQ) deceleration.…
HMSP (Hanjaya Mandala Sampoerna) Bolsters Balance Sheet with…
Indonesia's tobacco giant, Hanjaya Mandala Sampoerna (HMSP), has strategically deployed a substantial portion of its capital, announcing the acquisition of long-term debt securities from Danantara. This calculated move, totaling IDR 500 billion, signals a deliberate…