Konglomerat's Mining Company Eka Tjipta Widjaja Is Again Founding Subsidiaries

Photo: Doc. Dian Privatetika

JAKARTA - The mining company owned by the late conglomerate Eka Tjipta Widjaja PT Dian Swastika Sentosa Tbk, has again established a subsidiary. They founded PT KUPU Era Medika (KEM) which carries out business activities as a holding company and other management consulting service providers. Corporate Secretary Dian Swastika Sentosa (DSSA) Susan Chandra in information disclosure, quoted Wednesday, October 5, said that the newly established subsidiary has business activities as a holding company and other management consulting service providers. "With the company's effective share ownership in SMEs, it's more than 99 percent," said Susan. Previously on September 6, 2022, DSSA through PT Daya Anugerah Sejati Utama (EMU) had established a new subsidiary named PT Daya Surya Mas Makmur (DSMM). The subsidiary has business activities as a holding company. The issued and paid capital of DSMM is IDR 250 million The establishment of these new subsidiaries has made Dian Swastika Sentosa's business even more popular. This is because the issuer, which is engaged in energy and coal mining, has developed its business line to various fields. Starting from large trade, construction, operations, and financial power generation, fertilizer and chemical trade, to multimedia. No wonder DSSA managed to record a profit increase during the first semester of 2022 of 472.78 percent to US$251.58 million from US$43.92 million in the same period last year. Thus, DSSA's basic net profit per share rose to US$0.33 from the previous US$0.06.