Official Statement
OFFICIAL STATEMENT
OFFICIAL STATEMENT
Sukuk Hijau atau Green Sukuk berpotensi menjadi salah satu alternatif pembiayaan proyek energi baru terbarukan (EBT), seperti pembangkit listrik tenaga surya (PLTS). Indonesia memiliki potensi energi surya lebih dari 3.000 gigawatt (GW) dan merupakan salah satu yang terbesar di dunia.
Market sentiment was also pressured by the effective halt of vessels passing through the Strait of Hormuz, a strategic shipping lane surrounded by Iran on three sides. Container shipping companies, aiming to protect their crews and facing difficulties obtaining insurance, have almost completely stopped sailings through the narrow waterway, which handles about one-fifth of the world’s oil and LNG supply.
The JCI declined again, falling 0.7% to 7,389.4,in line with global market indices. The decline was partly driven by weakness in several commodity sectors, including coal.
SIDO recorded FY25 revenue growth of +4% YoY to IDR 4.08 tn (99% of our estimates), primarily supported by the F&B segment, which grew +12% YoY to IDR 1.46 tn.
The JCI rebounded +1.41% to 7,440.9, in line with global equity markets and declining crude oil prices. However, caution is still warranted as global conditions remain tense and oil prices continue to show high volatility.
The JCI plunged in Monday’s trading (March 9), briefly touching an intraday low of -5.2% to 7,156 before trimming losses to -3.27%, or down 248 points to 7,337.37.
The JCI dropped by 1.62% to the level of 7,585.687 at Friday’s close (March 6). This movement was caused by concerns over the ongoing US–Iran war. Investors are advised to stick with commodity sector stocks, which will be the trading theme throughout this year in line with rising prices of oil, gold, and nickel commodities.
JPFA delivered a solid revenue performance in FY25, reaching IDR 60.7 tn (+9% YoY), representing 103% of our FY25F estimates.