IDX: The company's aggregate income is recorded to increase by 4% in 2019

June 04, 2020, 04.06 PM  | Reporter: Nur Qolbi
IDX: The company's aggregate income is recorded to increase by 4% in 2019

ILUSTRASI. IDX: The company's aggregate income is recorded to increase by 4% in 2019. ANTARA FOTO/M Risyal Hidayat/aww.


STOCK MARKET - JAKARTA. The Indonesia Stock Exchange (IDX) states, as of 2 June 2020, there are 634 companies that have submitted audited financial statements as of 31 December 2019. This amount is equivalent to 90.31% of the total companies that listed shares, bonds and sukuk on the IDX.

IDX Assessment Director I Gede Nyoman Yetna said the total revenue of 634 companies reached Rp 4,425 trillion in 2019. The financial sector, which consisted of 115 companies, was the largest revenue contributor, namely Rp 825 trillion.

Also Read: Jakarta Composite Index fell 0,49% to 4,916 at the end of session Thursday (4/6)

Meanwhile, total net income in 2019 from all of the above companies reached Rp 403 trillion. The financial sector still posted the largest net profit, which is Rp 165 trillion, which also came from 115 companies.

"Compared to 2018, the company's revenue value has increased by Rp. 151 trillion or 4%, while net income has decreased by Rp. 8 trillion or 2%," Nyoman said to reporters via text message on Thursday (4/6).

According to Nyoman, the decrease in aggregate net profit was caused by the decline in the company's performance in the basic industry and chemical sectors, as well as the mining sector. Each of these sectors recorded a decrease in net profit of Rp 17 trillion and Rp 12 trillion.

Even so, the majority of the companies above, namely as many as 501 companies still posted a net profit last year. This amount is equivalent to approximately 80% of the total companies that have submitted their audited financial statements as of 31 December 2019

Then, the composition of the financial statement audit opinion as of December 31, 2019 for 634 companies is as follows:
1. A total of 631 companies (99.52%) get the opinion "Fair without Modification".
2. As many as one company (0.16%) gets a "Fair With Modification" opinion; and
3. As many as two companies (0.32%) get the opinion "Do not express opinions".

Editor: Hasbi Maulana

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