Aldira Sunrise 28 Mei 2024

  • Economy: Tax collection reaches 31.38% of FY24 target
    The Ministry of Finance reported that tax revenue realization reached IDR 624.19T in 4M24, accounting for 31.38% of the FY24 state budget target. This tax revenue has seen a significant correction, falling by 9.29% yoy. The tax revenue from Non-Oil and Gas Income Tax stood at IDR 377T, equivalent to 35.45% of the FY24 target. However, the Non-Oil and Gas Income Tax was contracted by 5.43%. The revenue from Value Added Tax and Luxury Goods Sales Tax (PPN & PPnBM) was recorded at IDR 218.50T, equivalent to 26.93% of the FY24 target. (Kontan)
    What we think: The Finance Minister said that the decline in commodity prices since 2023 continues to pressure tax revenues in 2024. Hence, there is a risk of a rising fiscal deficit if the tax revenue is below the target. With the expected commodity price to remain weak next year, the fiscal deficit may increase further.
  • WIIM will increase the production of filters
    Wismilak Inti Makmur (WIIM) plans to increase the production capacity of filters this year by adding 6 new machines. Through the expansion, WIIM is optimistic to meet the production target of 6.7B filters or 26.8B cigarettes by the end of 2024. The company will also boost sales volume of hand-rolled cigarettes, with a target of 10-15% revenue growth. Meanwhile, WIIM plans to maintain production of machine-rolled cigarettes at 2.8B. (Kontan)
    What we think: As of 1Q24, WIIM’s revenue declined 9.73% yoy to IDR 1.05T, driven by the decline in sales of machine-rolled cigarettes by 42.5% yoy to IDR 608.91B. Meanwhile, other segments, such as hand-rolled cigarettes, filters, and cigars recorded an increase to IDR 213.09B (+55.2% yoy), IDR 205.94B (+36.2% yoy), and IDR 569.94M (+10.3% yoy), subsequently.
PT Aldiracita Sekuritas Indonesia

Menara Tekno Lt. 9 Jl. Fachrudin No. 19 Jakarta Pusat 10250

Phone: 021-39705858

Customer Service (WhatsApp): +6288801010088

Email: [email protected]

Subsidiaries :
Aldiracita Global Investment Pte Ltd

8 Temasek Boulevard, #04 – 01, Suntec Tower Three, Singapore 038988

PT Surya Timur Alam Raya Asset Management

Menara Tekno Lt. 9 Jl. Fachrudin No. 19 Jakarta Pusat 10250

Phone: (021)-39725678

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©Copyright 2024, PT Aldiracita Sekuritas Indonesia

Connect with us

             

TERM OF USE       PRIVACY POLICY

PT Aldiracita Sekuritas Indonesia

Menara Tekno Lt. 9 Jl. Fachrudin No. 19 Jakarta Pusat 10250

Phone: 021-39705858

Customer Service (WhatsApp): +6288801010088

Email: [email protected]

Subsidiaries :
Aldiracita Global Investment Pte Ltd

8 Temasek Boulevard, #04 – 01, Suntec Tower Three, Singapore 038988

PT Surya Timur Alam Raya Asset Management

Menara Tekno Lt. 9 Jl. Fachrudin No. 19 Jakarta Pusat 10250

Phone: (021)-39725678

©Copyright 2024, PT Aldiracita Sekuritas Indonesia

Our Fixed Income Sales

Mario Martin
Head of Fixed Income Sales
Mindo Leona
VP of Fixed Income Sales
Schedule a consultation with our Fixed Income Sales

Rudy Utomo

President Director

Rudy Utomo graduated with a Master of Legal from Unika Atma Jaya Jakarta since 2018 and a bachelor degree of Management from Unika Atma Jaya Jakarta in 1998. He joined Aldira in 2020 as Director of Investment Banking and now as President Director since 2021. Rudy is a Chairman Coordinator at Indonesia Securities Companies Association (APEI). Rudy has more than 20+ years experience in Indonesia capital market focusing on Investment Banking and Operational. He holds capital market license for Underwriter Representative and Investment Manager Representative.

Livius Nurtanio

Senior Managing Director

Livius graduated from University of Toronto in 1995. He joined PT. Aldiracita Sekuritas Indonesia as Vice President Director from 4 October 2023. Livius has more than 20+ years of experience in Investment Banking both in Securities, Private Equity and Investment Banks in Indonesia, and overseas such as New York, Hongkong, Singapore as a Research Analyst, Head of Fixed Income, Financial Advisor, Senior Associate, Executive and Managing Director. He holds a capital market license for Broker-Dealer Representative and Underwriter Representative from OJK.

Heri Indarno Sulistyanto

Director

Heri Indarno Sulistyanto graduated with a Bachelor degree from STIE Jagakarsa Jakarta in Accounting in 2000 and experienced more than 30 years within banking industry and securities. He also held several important positions in the capital market, such as Manager at PT. Bursa Efek Indonesia and Operational Director at securities company. He holds a capital market license for Broker-Dealer Representative and Underwriter Representative from OJK.

B Hari Mantoro

Independent Commissioner

Hari received his degree from the Faculty of Economics, University of Indonesia in 1988. He became the Independent Commissioner of PT Aldiracita Sekuritas Indonesia on 24 March 24 2023. He began his work in the financial industry in 1976 at a foreign bank in Jakarta and later worked for a security company in the capital market. Having worked in the financial market for over 30+ years, Hari has held positions as a President Director, Directors and Senior Manager. He is currently an competency assessor for Lembaga Sertifikasi Profesi Pasar Modal Indonesia (LSPPMI).