OJK Please Number Of Interest Printing Issuers Continue To Add, In 2021 Capai 577 Issuers

Screenshot of the Head of the OJK 2B Capital Market Supervisory Department, Ona Retnesti Swaminingrum. (Photo: Doc. Antara)

JAKARTA - The Financial Services Authority (OJK) hopes that the number of issuers or companies listed on the Indonesia Stock Exchange (IDX) that achieve profits every year continues to increase along with the recovery of the national economy.

Head of the OJK OB OJK Capital Market Supervisory Department Ona Retnesti Swaminingrum during the opening of the 2022 Public Exposure Live in Jakarta, Monday, said that currently the performance of issuers has increased compared to performance during the pandemic in 2020.

The number of issuers that posted profit for the year based on the 2019 Annual Financial Report (LKT) was 553 issuers or 75.4 percent of the total issuers. As for LKT 2020 due to the COVID-19 pandemic, the performance of issuers who posted profit for the year fell to 475 issuers equivalent to 61.6 percent of the total issuers.

However, continued Ona, with the improving economic conditions, the performance of issuers who posted profit for the year based on LKT 2021 has increased to 577 issuers or 74.07 percent of the total issuers.

"We hope that this increase can continue in a sustainable manner so that the Indonesian capital market can really improve welfare for the people of Indonesia. With more and more companies utilizing the capital market as a source of financing, it is hoped that industrial funding needs will be met and more business actors will carry out good governance so that in the end it can improve the welfare of the Indonesian nation as a whole," said Ona, quoted by Antara, Monday, September 12.

Ona said that until August 31, 2022, the JCI recorded a gain of 3.07 percent (month to date) to 7.178.59, better than the performance of the regional peer country's 11 stock index.

Fundraising through initial public offerings, limited public offerings, as well as bond and sustainable public offerings, in the last five years has increased significantly from Rp165.9 trillion during 2018 to Rp363.29 trillion during 2021.

Meanwhile, in the period January 1 to August 31, 2022, fund raising through public offerings has reached Rp. 168.73 trillion.

"In addition, the development of the number of issuers also experienced a very good increase. In 2018 the number of issuers was 702 issuers, while as of August 31 it reached 900 issuers," said Ona.

Regarding the Public Expose Live event organized by the Indonesia Stock Exchange (IDX), the Indonesian Stock Guarantee Clearing Clearing (KPEI) and the Indonesian Central Securities Depository (KSEI), OJK assesses that these activities are positive and need to be further improved in the future.

"Currently, our number of investors has reached more than 9 million. The number of open company shareholders has increased very significantly. If the number of shareholders reaches tens of thousands, the implementation of activities related to the fulfillment of investor rights cannot be done physically but must be done online. Therefore, Public Expose Live is a very good activity and needs to be improved in the future," said Ona.

Public Expose Live 2022 will be held virtually for five days, from 12 to 16 September 2022. A total of 54 companies have participated in submitting presentations of performance and plans to the public.