Press Release

Bakrie Group Issuer ALII Targets to Manage 127 Ships by 2024

Bisnis.com, JAKARTA – Issuer of Bakrie Group, PT Ancara Logistics Indonesia Tbk (ALII) is targeting the addition of tug boats and river barges to 70 and 57 units respectively by the end of the year. President Director of Ancara Logistics Indonesia Faisal Mohamad Nur said the target of adding river barge and tug boat assets was still in line with the plan before the IPO. “We expect that by the end of the year the river barges are expected to be 57 units while the tug boats are 70 units,” Faisal said in a public expose on Monday (24/6/2024). More clearly,

Read More »

Ancara Logistics booked a profit of IDR 377 billion in 2023

Jakarta – PT Ancara Logistics Indonesia Tbk (ALII), which is part of the Bakrie Group, reported a profit of Rp 377 billion throughout 2023, and a profit for the year of Rp 121 billion in the first quarter of 2024. “While revenue in 2023 amounted to Rp 931 billion, and in the first quarter of 2024 it amounted to Rp 251 billion,” said ALII President Director, Faisal Mohamad Nur, in a public expose at Bakrie Tower, Kuningan, South Jakarta, Monday, June 24, 2024. He added, for capital expenditure (capex) in 2023 was IDR 377 billion, compared to IDR 49 billion in

Read More »

PT Ancara Logistics Tbk Adds Ship Fleet in 2024

PT Ancara Logistics Indonesia Tbk (ALII) has just completed its AGM on June 24, 2024. In the public expose, ALII has plans that are still in accordance with the plan before the IPO, namely the desire to add barges and tugboats. Faisal Mohamad Nur as President Director of ALII explained that currently the company has 40 units of barges which will be targeted to increase to 57 units. Meanwhile, there are 40 tugboats owned and will be added to 70 units. All additional units will be added in 2024. “We hope that by the end of the year the barges will

Read More »

Bakrie Group’s ALII Shares Feast on Cash as JCI Tumbles to 7,247

Bisnis.com, JAKARTA – The Composite Stock Price Index (JCI) fell to 7,247.46 at the end of trading on Tuesday (5/3/2024). On the other hand, ALII shares owned by the Bakrie Group were actually a cuan party and led the top gainers. Referring to RTI Business data, JCI was observed to weaken 0.40% or 29.28 points to 7,247.46 at the end of trading. Throughout the session, the composite index moved in the range of 7,238-7,305. A total of 20.54 billion shares were traded with a volume of 1.23 million times. As a result, the value of stock transactions today reached Rp9.62 trillion.

Read More »

Coal Prices Finally Revive Aided by China & India

Jakarta, CNBC Indonesia – Coal prices are starting to stretch after collapsing. The price increase was supported by increasing demand from Asia. Referring to Refinitiv, the ICE Newcastle coal price for the December contract closed at US $ 123.25 per ton or up 0.82% on Tuesday trading (7/11/2023). This strengthening is good news after coal prices collapsed and touched the lowest level in 28 months or since June 16, 2021 on Monday (6/11/2023) at US$ 122.25 per ton.  Coal demand from Asia has started to rise in preparation for winter. As reported by Reuters citing Kpler data, coal imports by

Read More »

Good News! Coal Prices Rise Again, Flying 3%

Jakarta, CNBC Indonesia – Coal prices are starting to stretch after collapsing. The price increase was supported by increasing demand from Asia. Referring to Refinitiv, the ICE Newcastle coal price for the December contract closed at US $ 127.25 per ton or up 3.25% on Wednesday trading (8/11/2023). This strengthening is good news after coal prices collapsed and touched the lowest level in 28 months or since June 16, 2021 on Monday (6/11/2023) at US$ 122.25 per ton.  Coal prices strengthened as western Europe’s imported coal inventories have been further depleted to the lowest level in eight months amid signs

Read More »