ILLUSTRATION. President Director of PT. Saratoga Investama Sedaya Tbk. Michael WP Soeryadjaya (center), Saratoga Finance Director Lany D. Wong (left), Saratoga Investment Director Devin Wirawan at the AGMS held virtually in Jakarta (17/6/2020). DOK/SRTG
Reporter: So Gumilar | Editor: So Gumilar
KONTAN.CO.ID – JAKARTA, PT Saratoga Investama Sedaya Tbk (SRTG) managed to turn things around for the better in the first half of the year.
In the first semester of 2021, Saratoga managed to record a net profit attributable to owners of the parent company of Rp 15.3 trillion. In comparison, in the first semester of 2020 Saratoga had to bear a net loss of Rp 2.1 trillion.
Saratoga, the investment company owned by Edwin Soeryadjaya and Sandiaga Salahuddin Uno, also listed net asset value (NAV) worth Rp 46.5 trillion until the first semester of 2021. This value increased compared to NAV at the end of 2020 which reached Rp 31.7 trillion.
“The increasing share value of investment portfolio companies has made NAV Saratoga grow positively in the first half of 2021,” said Saratoga President Director Michael Soeryadjaya in an official statement in Jakarta, Thursday (29/7).
NAV Saratoga’s achievement in semester I-2021 came from the increasing performance of a number of investment portfolio companies.
Especially from PT Tower Bersama Infrastructure Tbk. (TBIG), PT Merdeka Copper Gold Tbk (MDKA), PT Mitra Pinasthika Mustika Tbk (MPMX), and PT Provident Agro Tbk (PALM).
Dividend contributions and Adaro, TBIG and MPMX >>>
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