Mar 30, 2026 | Industries
Similar to PT Asahimas Flat Glass Tbk (AMFG), glass manufacturer PT Mulia Industrindo Tbk (MLIA) booked net loss of Rp4.54 billion last year against profit of Rp311 billion in 2024 due to lower sales revenues and squeezed margins. Mulia Industrindo generated sales...
Mar 26, 2026 | Industries
Shares of Chandra Asri Pacific (TPIA), involved in oil refining and petrochemicals, declined 3.3% to Rp5,075 in the morning session Thursday (Mar 26) amidst uncertainties in the Middle East. The stock has lost 50% from its recent peak despite accounting gain from...
Mar 26, 2026 | Industries
Indonesia exported nearly US$28 billion worth of iron and steel (HS72) products last year, an increase of 8.4% from 2024, thanks to higher domestic production capacity. The country is set to generate more export revenues from the sector with new facilities entering...
Mar 25, 2026 | Industries
Polychem Indonesia (ADMG), manufacturer of ethylene glycol, booked net loss of US$3.1 million last year, down 70% from 2024. Looks improved, but the company’s gross profit margin was 1.1% only. Polychem, controlled by Gajah Tunggal Group (Sjamsul Nursalim Family),...
Mar 17, 2026 | Industries
Global electric vehicle (EV) sales reached 1.1 million units in February 2026, down 11% from both January 2026 and February 2025, according to data from Benchmark Mineral Intelligence. Year-to-date, sales totalled 2.2 million vehicles, an 8% decline compared to the...
Mar 10, 2026 | Industries, Market
Some Indonesian manufacturers opted to reduce significantly their workforce due to steady increase of minimum wage and allowances. Others avoided adding workers due to higher portion of direct labour costs in manufacturing activities. Kirana Megatara (KMTR), the...
Mar 4, 2026 | Industries, Market
PT Uni-Charm Indonesia Tbk (UCID), one of big players in diapers market, booked net loss of Rp1.19 trillion last year against net profit of Rp350 billion in 2024. What happened to the company? First of all, sales revenues dropped by 17.5% to Rp7.98 trillion, while...
Feb 26, 2026 | Industries, Market
Joao Angelo de Sousa Mota, CEO of Agrinas, who dropped his resignation last year after openly criticizing Danantara, openly defended the policy to import 105,000 pickup trucks from India even after ‘strong man’ Sufmi Dasco Ahmad, deputy chairman of President Prabowo’s...
Feb 22, 2026 | Industries, Market
Prabowo administration’s decision to import 105,000 trucks from India through state company PT Agrinas has finally gained more oppositions, which is rare these days. Analysts, automotive industry association, lawmakers, and even ministry of industry have expressed...
Feb 20, 2026 | Industries, Market
Shares of PT Steel Pipe Indonesia/Spindo Tbk (ISSP) advanced 4.42% Thursday (Feb 19) to follow 7.33% gain earlier on Wednesday as investors responded positively the company’s stable financial performance last year. Spindo recorded net profit of Rp534 billion, inched...
