🔴 Emtek is trading 5% down today after Q3 profit fell 97% year over year

Emtek is trading at IDR 302.00, down 5.03%, on November 3, 2026, as Q3 net income plunged.

• Q3 2026 net income fell 97% year over year to Rp64.4 billion; revenue rose 3.4% to Rp5.12 trillion.
• On November 2, Emtek disclosed selling 99.998% of Indopay Merchant Services for portfolio optimization, saying it would not materially harm the company.
• The Jakarta Composite rose 0.79% that day; broad-market weakness does not explain Emtek’s decline.