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20240801_BHIT_Laporan Informasi dan Fakta Material_31689842_lamp2.pdf
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UP TO JUNE 2024,
BHIT RECORDED A NET
PROFIT OF RP956.8 BILLION
Jakarta, August 1, 2024 - PT MNC Asia H1-2024 Financial Highlights & Revenue Contribution
Holding Tbk (IDX: BHIT) or the Company
announced its financial results for the
period ended June 30, 2024. Consolidated
net revenues were recorded at Rp7.9
trillion, a decrease of 10.0% from Rp8.8
trillion in the same period last year. This
was mainly due to a lower in revenue from
the mining segment, which fell 56.3% from
Rp1.4 trillion to Rp595.0 billion due to
falling coal prices.
The revenue mainly came from non-digital
advertising, which comprised 20.3% of the
total consolidated revenues, followed by
digital advertising at 17.4%; content and IP
at 13.8%; pay TV and broadband at 10.4%;
bank financial institution at 9.0%; non-
digital financing, securities, and insurance
at 7.9%; mining at 7.5%; subscription at
4.0%; digital financing, securities, and
insurance at 2.2%; and others 7.5%.
The Company’s EBITDA for the 1st
semester of this year reached
Rp2.3 trillion, representing an EBITDA
margin of 29%. The Company recorded an
operating profit of Rp1.7 trillion and
achieved a net profit of Rp956.8 billion,
equivalent to a net profit margin of 12.1%.
17.4%
For the consolidated financial position
report, the Company recorded a growth in
total assets to Rp72.3 trillion from Rp70.4
trillion as of the end of 2023, with liabilities
recorded at Rp30.0 trillion, and equity at
Rp42.3 trillion as of June 30, 2024.
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• Stock Update
Throughout June and July 2024, Mr. Hary Tanoesoedibjo, as the controlling shareholder, has been
actively purchasing shares to increase his ownership stake in the Company. As of July 31, 2024, Mr.
Hary Tanoesoedibjo has acquired an additional 456 million shares, representing 0.53% from total
shares. Consequently, Mr. Hary Tanoesoedibjo's total ownership in BCAP has increased to 3.14% at
the end of July 2024.
The Company increased its ownership in PT MNC Land Tbk (IDX: KPIG) and PT MNC Kapital
Indonesia Tbk (IDX: BCAP) by purchasing shares on the Indonesia Stock Exchange. As of July 31,
2024, BHIT had purchased 401.5 million KPIG shares, increasing its ownership percentage by
0.41% to 19.75%. Likewise, BHIT had added 225.4 million BCAP shares, increasing its ownership
from 54.53% to 55.06%.
The Company's decision to increase its ownership in KPIG is a strategic decision triggered by the
many ongoing developments in KPIG, such as Park Hyatt Jakarta, which have significantly
contributed to MNC Land. Meanwhile, developments that will be completed this year, such as
Trump International Golf Club-Lido, Trump Residences Lido, Private Clubhouses, and Hyatt
Regency Lido, are projected to boost KPIG's performance further. The Company is targeting
ownership in KPIG of up to 25% from the current 19.75%.
In addition to purchasing KPIG shares, the Company also purchased BCAP shares due to various
MNC Kapital initiatives to strengthen its financial services ecosystem. Recently, MNC Bank was
appointed as the RDN bank. This will be a game changer, strengthening the synergy between MNC
Bank and MNC Sekuritas, which will change the way users manage their finances.
• Media & Entertainment
Although advertising spending, especially on FTA TV, has not yet rebounded in the first semester,
PT Media Nusantara Citra Tbk (IDX: MNCN) has planned to air some of its most successful
historically in-house special programs in the second half of 2024. These programs are expected to
boost MNCN’s revenue, improve margins, and feature various matches of the Indonesian national
team. Key in-house special programs scheduled for H2-2024 include: Indonesian Idol XIII,
MasterChef Indonesia 12, KDI 2024, Indonesia Music Awards, TikTok Awards Indonesia, Indonesia
Movie Actors Awards, Spotify Wrapped 2024, Anugerah Dangdut Indonesia, AFC Asian Qualifiers to
World Cup 2026, and AFF Cup.
While PT MNC Digital Entertainment Tbk (IDX: MSIN) has effectively grown its OTT subscriber base
and maintained a strong digital presence. By June 2024, MSIN boast 586.6 million subscribers/
followers, generating an average of 1.5 billion views per month on YouTube, Facebook, and TikTok.
MSIN portals attract 40 million monthly active users (MAU). MSIN also runs two OTT superapps,
RCTI+ (AVOD) and Vision+ (SVOD), which together attract nearly 110 million monthly active users
and over 2.8 million paid subscribers.
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• Financial Services
PT Bank MNC Internasional Tbk (IDX: BABP) has integration allows individuals to effortlessly
officially become the Customer Fund Account transfer funds between their RDN accounts
(RDN) Administrator Bank and the Payment and investment portfolios, streamlining
Bank for capital market transactions for the investment processes and improving overall
period 2024 to 2029. Synergizing with MNC financial management.
Sekuritas, People can easily have an RDN by In addition, in the second quarter of 2024,
registering online on MotionTrade, MNC BABP collaborated with FamilyMart Indonesia
Sekuritas' trading and investment application. to launch the "FamilyMart MNC Titanium Card"
In the next phase, the RDN account will be and with PT Citilink Indonesia to issue the
integrated with MotionBank, enabling
"MNC Bank Citilink VISA Card."
convenient RDN balance top-ups directly from
the MotionBank account. This seamless
• Entertainment Hospitality
MNC Lido City Special Economic Zone (SEZ) In the second quarter, two of MNC Land’s
encompasses 1,040 Ha out of KPIG's total 3,000 hotels won international awards. Park Hyatt
Ha of land owned by PT MNC Land Tbk (IDX: Jakarta won Best City Hotel in the Asia Pacific
KPIG) in Lido, West Java. Multiple projects in the for Indonesia at the Travel + Leisure Luxury
MNC Lido City SEZ are anticipated to be Awards Asia Pacific 2024, and The Westin
concluded by the second half of this year. Resort Nusa Dua was one of the winners of The
These projects include the Trump International Best Hotels & Resorts for Families 2024 by
Golf Club-Lido, Trump Residences Lido, Private Travel Leisure Hotels 2024.
Clubhouses and Hyatt Regency Lido, while
continuing to complete ongoing projects such
as Movieland and Lido Music & Arts Center.
• Energy
In H1-2024, PT MNC Energy Investments Tbk process, speeding up the loading time onto
(IDX: IATA) produced 1.8 million MT of coal, with barges and reducing operational costs.
sales volume reaching 1.4 million MT. In IATA is intensifying preparations for coal
addition, the Barge Loading Conveyor at the production at PT Arthaco Prima Energy (APE),
jetty owned by PT Putra Muba Coal (PMC) which is targeted to commence operations in
started operating at the beginning of this year. the second semester of this year.
This conveyor, with a capacity of 1,000 MT per
hour, enhances efficiency in the coal loading
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For further information, please contact: PT MNC Asia Holding Tbk
Natassha Yunita – Head of Investor Relations MNC Bank Tower, 21/F, MNC Center
natassha.yunita@mncgroup.com Jl. Kebon Sirih Kav 21-27, Menteng
ir.bhit@mncgroup.com Central Jakarta 10340, Indonesia
Phone : +6221 2970 9700
www.mncgroup.com
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to
comply with these restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no
representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the
fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not
the intention to provide, and you may not rely on this Press Release as providing, a complete or
comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects,
properties or results of operations of The Company or its subsidiaries. The information and opinions
contained in this Press Release are provided as at the date of this presentation and are subject to change
without notice. Neither The Company (including any of its affiliates, advisors and representatives) nor the
underwriters (including any of their respective affiliates, advisors or representatives) shall have any
responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any
errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising
from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking
statements that reflect The Company's current views with respect to future events and financial
performance. These views are based on a number of estimates and current assumptions which are subject
to business, economic and competitive uncertainties and contingencies as well as various risks and these
may change over time and in many cases are outside the control of The Company and its directors. No
assurance can be given that future events will occur, that projections will be achieved, or that The
Company's assumptions are correct. Actual results may differ materially from those forecasts and
projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to
purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in
connection with any contract, commitment or investment decision in relation thereto.
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Names mentioned 15 people and organisations named in the text · linked when the evidence is strong
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PT MNC Asia
p.1
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Revenue Contribution Holding Tbk
p.1
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Indonesia Stock Exchange
p.2
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PT Citilink Indonesia
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Bank Citilink VISA Card.
p.3
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PT Arthaco Prima Energy
p.3
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PT Putra Muba Coal
p.3
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