Govt. Reported Positive Earnings Growth Across Several SOEs

Govt. Reported Positive Earnings Growth Across Several SOEs 
BPI Danantara highlighted strong earnings growth across several state-owned enterprises (SOEs) during Apr-25 to Apr-26, underscoring ongoing operational improvements and transformation initiatives within the SOE ecosystem. Management noted that additional SOEs beyond those disclosed have also recorded positive performance trends, while Danantara's consolidated financial statements remain under preparation and will be released upon completion of the audit process. The sovereign investment agency also reiterated its commitment to strategic investments, including the Indonesian Hajj and Umrah ecosystem in Makkah and wasteto-energy projects, while maintaining prudent investment practices, robust risk management, and sound corporate governance standards. (Bloomberg Technoz)

 Govt. Liabilities Rose 12.3% to IDR 11,527 tn in FY25 
Indonesia's total govt. liabilities, including short- and long-term obligations, increased 12.25% YoY to IDR 11,527.3 tn as of Dec-25, compared with IDR 10,269.0 tn in Dec-24. Meanwhile, total govt. assets expanded 6.64% YoY to IDR 14,601.0 tn, resulting in a decline in govt. equity to IDR 3,073.7 tn (-10.2% YoY) from IDR 3,423.4 tn a year earlier. On the operational side, state revenue fell 3.5% YoY to IDR 3,006.4 tn, while operating expenses increased 2.3% YoY to IDR 3,429.5 tn, leading to an operational deficit of IDR 423.1 tn (+77.5% YoY). Combined with a non-operational deficit of IDR 109.9 tn, Indonesia's overall fiscal deficit widened sharply to IDR 533.0 tn in FY25, up 147% YoY from IDR 215.7 tn in FY24. (Bloomberg Technoz)

Dayamitra Telekomunikasi (MTEL) Distributed IDR 2.08 tn Dividend 
MTEL distributed a total dividend of IDR 2.08 tn or IDR 25.65/sh (Div.yield: 5.15%) for FY25, representing a 98% payout ratio from net profit of IDR 2.12 tn. The distribution comprises a regular dividend of IDR 18.32/sh and a special dividend of IDR 7.33/sh. The dividend was approved at the co.'s AGM held on 30 Jun-26, while the remaining 2% of earnings was allocated as statutory reserves. The schedule is as follows:
Cum Date (Reg & Neg): 06 Jul-26
Ex Date (Reg & Neg): 07 Jul-26
Cum Date (Cash): 08 Jul-26 
Ex Date (Cash): 09 Jul-26
Recording Date: 08 Jul-26 
Payment Date: 31 Jul-26
(Emitennews) 

Bakrie & Brothers (BNBR) Launched IDR 4.8 tn Rights Issue 
BNBR launched a rights issue worth up to IDR 4.76 tn through the issuance of 89.91 bn Series E shares at an exercise price of IDR 53/sh, representing a 48.5% discount to its market price of IDR 103/sh on 02 Jul-26. The rights issue carries a 27:14 ratio, potentially increasing the co.'s issued capital by 34.15%, while Bakrie Capital Indonesia (BCI) has committed as a standby buyer with a total commitment of up to IDR 2.64 tn. Proceeds will mainly be used to provide a loan of IDR 4.36 tn to PT Bakrie Toll Indonesia (BTI), a subsidiary of the co. (Emitennews)