Shares of Golden Energy Mines (GEMS), a coal miner controlled by Sinarmas Group, jumped nearly 16% to Rp8,025 on Friday (Sep 2) to make a market capitalization of Rp47.21 trillion. Shares of ABM Investama (ABMM), controlled by Hamami Family, also surged by 10% to Rp3,300 to make market capitalization of Rp9.09 trillion.
Read MorePoltracking found that the Central Java Governor Ganjar Pranowo was leading in its most recent presidential poll. Ganjar was also reportedly leading in the internal survey conducted by PDIP, his political party. While another...
Read MoreTension is flaring again within the Gerindra Party, especially between the supporters of Prabowo Subianto and Sandiaga Uno. The factor that triggered the tension is Sandi’s recent statement that he’s ready to run in the 2024...
Read MoreCoal miner Golden Energy Mines (GEMS), owned by Sinar Mas Group, booked profit attributable to owners of US$336 million in the first half (H1) of 2022, surged 135% year on year (y/y), as revenues jumped 82% y/y to US$1.33...
Read MoreState tin producer Timah (TINS) booked profit attributable to owners of Rp1.08 trillion in the first half (H1) of 2022, soared 300% year on year (y/y), as revenues grew 27.6% y/y to Rp7.48 trillion. Gross profit jumped 75% y/y...
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