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profit

Empowering foreign bank branches in Indonesia's financial landscape
Academia 1 year ago

PREMIUM
Empowering foreign bank branches in Indonesia's financial landscape

Foreign bank branches should integrate sustainable financing practices and align with ESG standards to meet the expectations of regulators, investors and the community.
Pegadaian's profits soar 37.9% in H1 2024, reaching Rp 2.9 trillion
Front Row 1 year ago

Pegadaian's profits soar 37.9% in H1 2024, reaching Rp 2.9 trillion

PT Pegadaian delivered a strong performance in the first half of 2024, recording net profits of Rp 2.9 trillion (US$177.56 million), a 37.90 percent increase from Rp 2.1 trillion in the same period last year.
Strengthening supervision of state-owned enterprises
Academia 1 year ago

PREMIUM
Strengthening supervision of state-owned enterprises

Because of weak supervision many SOEs have been plagued with corruption and collusion with third parties that has caused huge losses whose amounts are mind-boggling.
Turbulence at Washington Post with pressure for profit
Americas 1 year ago

Turbulence at Washington Post with pressure for profit

The Post's managing editor abruptly resigned; a chosen successor withdrew under fire, and a boss has been targeted in the newspaper's columns.
Pertamina achieves Rp 72 trillion profit in 2023
Front Row 1 year ago

Pertamina achieves Rp 72 trillion profit in 2023

Pertamina booked a rise in profit of 17 percent year-on-year (yoy), reaching US$4.77 billion in 2023.
Meta profits soar but costs of AI cause worry
Companies 1 year ago

Meta profits soar but costs of AI cause worry

The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.
Spotify passes 600 million users, expects profitable 2024 start
Companies 2 years ago

Spotify passes 600 million users, expects profitable 2024 start

"Spotify had a very strong quarter, rounding out a great year of truly remarkable growth across the company," CEO Daniel Ek said in a post to X after the company published its fourth quarter earnings.
BSI achieves impressive performance as profit grows 33% in Q4 2023
Front Row 2 years ago

BSI achieves impressive performance as profit grows 33% in Q4 2023

PT Bank Syariah Indonesia, Tbk. (BSI) has successfully maintained an impressive financial performance amid the challenges and uncertainties of the global economy as a result of increasing geopolitical tensions. BSI's success in sustaining positive performance is demonstrated by a profit growth of 33.88 percent year-on-year (yoy) to reach IDR 5.70 trillion in the fourth quarter of 2023.
Meta reports surge in profit at end of 2023
Companies 2 years ago

Meta reports surge in profit at end of 2023

The tech titan behind Facebook and Instagram said revenue climbed to $40.1 billion in the quarter as about 3.1 billion people used the social network monthly.
Shell annual profit more than halves to $19.4 billion
Companies 2 years ago

Shell annual profit more than halves to $19.4 billion

Post-tax profit slumped 54 percent after reaching an all-time high of $42.3 billion in 2022, when energy producer Russia's invasion of Ukraine sent oil and gas prices soaring, boosting earnings across the industry.
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