• ANTM’s 1Q25 net profit reached IDR 2.32T
Aneka Tambang (ANTM) reported a net profit of IDR 2.32T in 1Q25, surging 1,003% year-onyear,
driven by a 203% increase in revenue to IDR 26.15T. The company’s gold segment was
the main contributor, with sales growth of 182% to IDR 21.61T, while nickel sales contributed
IDR 3.77T. EBITDA grew 518% to IDR 3.26T, and total assets increased 17% to IDR 48.30T. CEO
Nicolas D. Kanter attributed the growth to strong demand for gold as a safe-haven asset amid
global economic and geopolitical uncertainty. (IDX Channel)
• ASII booked IDR 6.93T net profit in 1Q25
Astra International (ASII) reported a 7.12% yoy decline in net profit to IDR 6.93T in 1Q25, from
IDR 7.46T in 1Q24, due to sluggish economic activity and falling coal prices. Net revenue rose
2.64% to IDR 83.36T. Heavy equipment, mining, construction, and energy segment saw a
significant 29.95% drop in revenue, alongside a 3.70% decline in the automotive and mobility
segment. However, financial services helped offset the downturn with a 2.68% increase in
revenue. (Bisnis Indonesia)
BBHI posted modest profit growth in 1Q25
Allo Bank Indonesia (BBHI) reported a 2% yoy rise in unaudited net profit to IDR 113B in 1Q25.
Operating income grew 32% to IDR 387B, with net interest income up 19% and loans rising
1.7% to IDR 6.95T. Despite a 6.7% drop in third-party funds to IDR 4.95T, the bank maintained
strong asset quality (gross NPL: 1.5%, net NPL: 0.5%) and a high CAR of 93.4%. CEO Indra Utoyo
emphasized their hybrid and digital ecosystem-based business model. (CNBC Indonesia)
• BNII returned to profit in 1Q25
Bank Maybank Indonesia (BNII) turned a profit of IDR 376.3B in 1Q25, recovering from a loss
of IDR 227.9B last year. Net interest income rose slightly to IDR 1.5T, while fee income surged
54.3% to IDR 571B, supported by strong global market fees. Fair value gains reached IDR
319.8B, and impairment losses dropped 72.7% yoy. Loans declined slightly to IDR 122.2T, but
NPL ratios improved (gross: 2.35%, net: 1.49%). Deposits fell 4.9% to IDR 111.5T, but CASA rose
to 53%. Total assets grew 6.8% to IDR 189.8T. (CNBC Indonesia)
• BREN recorded USD 34.2M net profit in 1Q25
Barito Renewables Energy (BREN) posted a net profit of USD 34.2M in 1Q25, marking an 18.7%
yoy increase from USD 29M. This growth was supported by higher consolidated EBITDA of
USD 130M (up 5.1% yoy), driven by strong geothermal and wind energy production, full
realization of its wind portfolio, ongoing cost optimization, lower financial expenses, and
slight increases in interest income. Revenue rose to USD 150.4M from USD 145M in the same
period last year. CEO Hendra Soetjipto Tan emphasized BREN’s commitment to expanding
renewable energy capacity. (Bisnis Indonesia)
• HMSP saw slight decline in Q1 2025
Hanjaya Mandala Sampoerna (HMSP) posted net sales of IDR 28.78T in 1Q25, down 1% yoy,
and net profit declined 1.9% to IDR 1.91T. Despite reduced COGS to IDR 23.76T, gross profit
rose to IDR 5.02T. However, pre-tax profit fell to IDR 2.55T. Total liabilities decreased to IDR
21.89T (from IDR 25.93T), and total assets dropped to IDR 52.18T (from IDR 54.29T) as of March
31, 2025. (Emiten News)
• ICBP posted 13% net profit growth in 1Q25
Indofood CBP Sukses Makmur (ICBP) posted a 13% yoy rise in net profit to IDR 2.66T in 1Q25.
Net sales edged up to IDR 20.19T, and operating profit rose 5% to IDR 5.15T, lifting the
operating margin to 25.5%. CEO Anthoni Salim noted that despite global uncertainties, ICBP
remains focused on innovation, distribution expansion, and operational excellence. (IDX
Channel)
• MAPI’s net profit reached IDR 567B in 1Q25
Mitra Adiperkasa (MAPI) reported 13.1% yoy net profit growth in 1Q25 to IDR 567B, fueled by
a 5.8% revenue increase to IDR 9.3T. Gross profit reached IDR 4.1T, operating profit rose 7.8%
to IDR 769B, and EBITDA came in at IDR 1.5T. The company expanded its portfolio with Chloé,
Christian Louboutin, and Pazzion, and operated 51 online platforms by quarter-end. (IDX
Channel)
• MKTR to pay IDR 18.2B in dividends
Menthobi Karyatama Raya (MKTR) will distribute IDR 18.2B in dividends, or 35% of its 2024 net
profit. Performance in 2024 was supported by higher prices and volumes of crude palm oil
(CPO) and palm kernel (PK). Revenue rose 41.6% yoy to IDR 1T, while net profit increased 1.7%
to IDR 52.37B. In 1Q25, net profit rose 32.3% yoy to IDR 6.2B, supported by an 8% increase in
revenue to IDR 267.6B. (Investor ID)
• PTBA sold 10.28M tons of coal in 1Q25
Bukit Asam (PTBA) recorded revenue of IDR 9.96T and a net profit of IDR 391.48B in 1Q25,
alongside EBITDA of IDR 1.05T. The company’s strong operational performance was driven by
a 7% yoy increase in total coal sales to 10.28M tons, including a 34% surge in export sales.
PTBA also logged a 12% rise in coal transportation volume to 9.41M tons. Despite falling coal
prices, the company maintained momentum. (Kontan)
• TPMA to distribute dividends and invest in fleet expansion
Trans Power Marine (TPMA) declared a final dividend of IDR 80/share, totaling IDR 280.6B or
67.1% of its 2024 net profit. The company plans USD 118M (approx. IDR 1.9T) in capex to acquire
30 tugboats, 31 barges, and 1 floating crane. In 2024, revenue rose 7% to USD 119.1M, and net
profit climbed 19% to USD 29.3M. TPMA also acquired 65% of Bahtera Energi Samudra Tuah
and established two new logistics subsidiaries. (Investor ID)
