Aldira Sunrise 3 Desember 2024

• Economy: BPS reported inflation of 0.30% mom on Nov 24
The Central Statistics Agency (BPS) recorded inflation of 0.30% on a mom basis on Nov 24.
The CPI increased from 106.01 on Oct 24 to 106.33 on Nov 24. The expenditure groups
contributing to inflation in Nov 24 on a mom basis are food, beverages, and tobacco with
inflation of 0.78% and an inflation contribution of 0.22%. Other commodities that drive
inflation are red onions and tomatoes, each of which contributes to inflation of 0.01%. Then
gold jewelry contributed 0.04%, purebred chicken meat and cooking oil 0.03%, while garlic,
fresh fish, SKM, and ground coffee each contributed 0.01%. (Kontan)
• BUMI recorded 110.88% yoy net profit growth in 9M24
Bumi Resources (BUMI) recorded revenue of USD 926.8M, down from USD 1.17B in 9M23. This
revenue was driven by coal export sales to third parties amounting to USD 530.9M and local
coal sales of USD 287.4M. In total, BUMI’s coal sales reached USD 818.4M in 9M24. Then gold
sales amounted to USD 106.4M and silver sales amounted to USD 1.99M. In line with the
decline in revenue, BUMI’s cost of revenue also fell 23.96% yoy to USD 833.2M. On the other
hand, BUMI’s gross profit increased to USD 93.6M (+18.6% yoy). Along with the increase in
gross profit, BUMI’s net profit soared by 110.88% yoy to USD 122.8M in 9M24. This was mainly
driven by gain from the difference in the exchange rate of USD 8.42M, from the previous loss
of USD 3.01M. (Bisnis Indonesia)
• ELSA allocates IDR 650B capex in FY25
Elnusa (ELSA) will spend a capital expenditure (capex) budget in the range of IDR 600-650B
for the procurement of 9 to 11 new rigs in 2025. Elnusa Main Director Bachtiar Soeria Atmadja
said this was done after ELSA received a new contract for work over and well service (WOWS)
in the Rokan Block, which is managed by Pertamina through Pertamina Hulu Rokan (PHR).
Meanwhile, from the non-rig business side, he revealed that capex would be channeled to
sectors supporting drilling activities such as cementing units, electric wire logging, and CTU
well testing. (Kontan)
• NELY to distribute IDR 35.25B interim dividend
Pelayaran Nelly Dwi Putri (NELY) will distribute interim dividends of IDR 35.25B or IDR 15
dividend per share. The dividend distribution is based on the company’s net profit of IDR
177.19B in 9M24. Cum dividend date is on 10 Dec 24, while the payment date is on 27 Dec 24.
(IDX Channel)