Trump’s Real Estate Business Faces Potential Dissolution Trump’s Real Estate Business Faces Potential Dissolution The Case Within days, Donald Trump could potentially have his sprawling real estate business empire ordered “dissolved” for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been … Read more
The share price of Microsoft Corp. rose in pre-Wall Street trading today. Responding to strong operating results As of 6:40 p.m. Thai time, Microsoft shares were up 3.82% to $343.17. Microsoft revealed higher-than-expected profits and revenues during July-September. which is the 1st quarter of fiscal year 2024 Microsoft reported earnings of $2.99 per share, beating … Read more
The stock price of FedEx Corp., a major U.S. package delivery company. surge in trading on Wall Street After revealing profits higher than expected As of 12:30 a.m. Thai time, the FedEx share price rose 5% to $263.05. FedEx revealed higher-than-expected profits during June-August. which is the 1st quarter of the company’s fiscal year FedEx … Read more
Jakarta – PT Waskita Karya (Persero) Tbk and PT Wijaya Karya (Persero) Tbk are under scrutiny for allegedly polishing their financial statements. The leaders of the two state-owned enterprises have been summoned by the stock exchange. PT Indonesia Stock Exchange (IDX) Company Valuation Director I Gede Nyoman Yetna admitted that he had met the directors … Read more
Jakarta – PT Graha Layar Prima Tbk, a cinema management company CGVrecorded a loss in its financial performance in the first quarter of 2023. The issuer with the ticker code BLTZ suffered a loss of IDR 20.6 billion during the first quarter of 2023. This is known from the Consolidated Financial Report for the First … Read more
Jakarta, CNBC Indonesia – Digital banking issuer, Bank Aladin Syariah (BANK), recorded a net loss of IDR 80.77 billion in the first half of 2022. This figure swelled 25 times from the loss in the same period last year of IDR 3.13 billion. This loss occurred even though the bank’s total revenue from managing funds … Read more
Jakarta, CNBC Indonesia – The financial performance of PT HK Metals Utama Tbk (HKMU) is getting depressed. In the first quarter of this year, the company recorded a loss of Rp 13.7 billion, a 348.36 percent increase over the same period the previous year, Rp 3.06 billion. The real pressure can be seen from HKMU’s … Read more
Jakarta, CNBC Indonesia – Homeland textile giants threatened delisting or removed from the stock exchange trading board, PT Sri Rejeki Isman Tbk (SRIL) alias Sritex, reported a net loss of up to US$ 1.08 billion or equivalent to Rp. 15.66 trillion rupiah (assuming an exchange rate of Rp. 14,500/US$) throughout 2021. . The loss figure … Read more
Jakarta, CNBC Indonesia – PT Bukalapak.com Tbk (BUKA) had misrepresented its financial statements for the third quarter of 2021 where the value of one startup acquisition transaction was presented in different figures with a striking difference in value. In the financial statements for the third quarter of 2021, precisely in the events section after the … Read more
Jakarta, CNBC Indonesia – A consumer company belonging to the Salim group, PT Indofood Sukses Makmur Tbk (INDF) listed. net profit of Rp 5.41 trillion at the end of September 2021. This figure is up 44% on an annual basis (year on year/YoY) from the same period the previous year which was Rp 3.75 trillion. … Read more