IDX Aims For Net Profit Of IDR 259.44 Billion In 2024, Revenue Increases 11.86 Percent

IDX illustration (Photo: dock. Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) is eyeing a net profit of IDR 259.44 billion in 2024. Where, profit before tax is targeted at IDR 316.44 billion.

IDX President Director Iman Rachman said that the operating income that the IDX will receive is targeted to increase by IDR 153.38 billion.

"(Business income) rose 11.86 percent to Rp1.45 trillion in 2024," he said, quoting Antara, Thursday, October 26.

Then, the IDX targets operating costs to increase by 9.61 percent year on year (yoy) or an increase of IDR 114.41 billion to IDR 1.31 trillion in 2024.

Then, the company's total assets in 2024 can reach IDR 6.56 trillion, an increase of 6.52 percent (yoy) from the 2023-Revision Budget and Annual Work Plan (RKAT).

Thus, the final balance of cash and cash equivalents (including short-term investment) in 2024 is targeted to reach IDR 3.12 trillion.

On this occasion, the IDX also targets the Average Daily Transaction Value (RNTH) to reach IDR 12.25 trillion by 2024, with a total number of exchange days of 239 days.

"The number of securities issuance in 2024 can reach 230 effects," said Iman.

As of October 11, 2023, there have been 73 companies that have listed shares on the IDX with a total fund-based of IDR 53.06 trillion, or the highest annual share listing in IDX history.

Launching the EY Global IPO Trends Q3 2023 report, until the third quarter of 2023, the IDX was ranked fifth from the global exchange in terms of the Initial Public Offering (IPO), and was ranked seventh from the global exchange in terms of total fund-based.

During 2023, the IDX has also launched the Indonesian Carbon Exchange (IDXCarbon) on September 26, 2023, which provides transparency, reliability, and security in carbon trading in Indonesia, so that regular, reasonable, and efficient trade can be created.