• ABMM achieves USD 1.2B revenue in 2024
ABM Investama (ABMM) reported consolidated revenue of USD 1.2B in 2024, with an adjusted
EBITDA profit of USD 341M. The company achieved milestones including 270.34M BCM of
overburden removal and 39M tons of coal production. ABMM diversified its business through
acquisitions in Sumatra and Kalimantan and secured a USD 395M long-term loan facility to
refinance debt and improve debt maturity. Despite challenges in the coal industry, ABMM
demonstrated resilience through sustainable strategies and technological innovation. (IDX
Channel)
• AKRA Books IDR 565.2B Net Profit in 1Q25
AKR Corporindo (AKRA) recorded revenue growth but a 5.08% YoY decline in net profit to
IDR 565.2B in Q1 2025. Total revenue rose 4.53% YoY to IDR 10.18T, mainly from trading and
distribution (IDR 9.65T), followed by manufacturing, logistics, and industrial estate revenues.
Despite gross profit rising to IDR 926B (+3.64% YoY), higher costs pressured margins. AKRA
reaffirmed its 2025 net profit guidance of IDR 2.4–2.6T, supported by sustained trading
volume growth, industrial estate land sales of 80–110 hectares, higher recurring income from
industrial tenants, and retail fuel network expansion. (Bisnis Indonesia)
• BBNI leads IDR 1.84T credit facility for VinFast EV Plant
Bank Negara Indonesia (BBNI) led a syndicated loan worth IDR 1.84T to finance VinFast
Automobile Indonesia’s EV plant in Subang, West Java. As the Mandated Lead Arranger and
Bookrunner, BBNI contributed IDR 1.51T, with Maybank Indonesia covering the rest. The plant
will serve both domestic and export markets, aiming to strengthen Indonesia’s automotive
supply chain and support the transition to a green economy. (IDX Channel)
• BFIN’s Net Profit Grows 12.2% in 1Q25
BFI Finance Indonesia (BFIN) saw total assets grow 6.3% YoY to IDR 25.7T in Q1 2025,
supported by a 12.8% YoY increase in managed receivables to IDR 25.4T and a 7.6% YoY rise
in net receivables to IDR 22.8T. Revenue grew 6.8% YoY to IDR 1.7T, and net profit rose 12.2%
to IDR 405.5B. New financing disbursed reached IDR 5.9T (+23.6% YoY), mainly from fourwheeled
vehicle BPKB-backed financing. BFIN maintained a net NPF of 0.22% and gross NPF
of 1.30%. ROA improved to 8.0% and ROE to 15.5%, with gearing at 1.2x. (Bisnis Indonesia)
• BMRI disburses IDR 12.83T in KUR Loans in 1Q25
Bank Mandiri (BMRI) disbursed IDR 12.83T in Kredit Usaha Rakyat (KUR) loans to 110,807
businesses across Indonesia in Q1 2025, achieving 33.34% of the government’s target.
Productive sectors received IDR 7.68T (59.88%) and non-productive sectors IDR 5.15T (40.12%).
The agriculture sector received the largest share at IDR 3.81T (29.72%), followed by production
services (IDR 2.71T), manufacturing (IDR 984B), fisheries (IDR 164B), and mining (IDR 6.1B).
BMRI remains committed to supporting SMEs and promoting economic growth through
sustainable, inclusive financing, alongside developing digital services for SMEs. (IDX Channel)
• BSDE Reports Q1 2025 Marketing Sales Performance
Bumi Serpong Damai (BSDE) recorded marketing sales of IDR 2.43T in Q1 2025, achieving 24%
of its annual target of IDR 10T. This represents a 9% growth YoY. The residential segment
contributed IDR 1.28T (53%) and the commercial segment IDR 1.03T (42%). BSD City remained
the largest contributor, accounting for 68% of total marketing sales. BSDE is optimistic about
meeting its 2025 target, supported by selective product launches, promotional campaigns,
and VAT incentives. (Emiten News)
• BUKA Strengthens Subsidiaries with IDR 512B Capital Injection
On April 22, 2025, Bukalapak (BUKA) injected a total of IDR 512.11B into three subsidiaries: PT
Anugerah Bisnis Cakrabuana (IDR 220.34B), PT Buka Usaha Indonesia (IDR 241.72B), and PT
Buka Mitra Indonesia (IDR 50.05B). The capital increase was executed through new share
issuance, with each subsidiary being more than 99% indirectly owned by Bukalapak. This
move aims to strengthen their capital structure and support future business expansion.
(Kontan)
• CNMA Books IDR 929.2B Revenue in 1Q25
Nusantara Sejahtera Raya (CNMA) reported revenue of IDR 929.2B in Q1 2025, down 28.7%
from IDR 1.30T in Q1 2024. Revenue was mainly from cinema ticket sales (63%) and F&B sales
(33%). The drop was due to Ramadan seasonality. CNMA maintained a positive EBITDA of IDR
125.2B, while posting a net loss of IDR 69.42B compared to a profit of IDR 141.56B a year earlier.
CNMA opened four new cinemas, expanding to 1,365 screens across 260 locations in 66 cities
by March 31, 2025. Strong audience growth was noted during the April 2025 Lebaran holidays.
(Kontan)
