The decision to use the 2025 fiscal year profit as retained earnings\nwas taken with great care, according to the company.<\/p>\n
Jakarta (ANTARA) - Crypto asset investment holding company PT\nIndokripto Koin Semesta Tbk (COIN) has approved the use of its net\nprofit for the 2025 fiscal year as retained earnings and general\nreserves to strengthen the company\u2019s business fundamentals.<\/p>\n
The decision was approved at the Annual General Meeting of\nShareholders (RUPST) for the 2025 fiscal year in Jakarta on Monday.<\/p>\n
\u201cThe decision to use the 2025 fiscal year profit as retained earnings\nwas taken with great care,\u201d said COIN President Director Ade Wahyu in an\nofficial statement.<\/p>\n
He said the cash would serve as an important provision for the\ncompany to maintain liquidity, strengthen the infrastructure of its\nsubsidiaries, and ensure operational resilience.<\/p>\n
The RUPST approved all agenda items, including the use of net profit\nas retained earnings and general reserves.<\/p>\n
Ade said the decision was also directed at strengthening the\ninfrastructure of two COIN subsidiaries, namely PT Central Finansial X\n(CFX) and PT Kustodian Koin Indonesia (ICC).<\/p>\n
\u201cWe chose to prioritise long-term business fundamentals for the\ncreation of sustainable value for all shareholders,\u201d he said.<\/p>\n
In addition to the use of profits, the RUPST also approved changes to\nthe composition of the company\u2019s Board of Commissioners.<\/p>\n
The meeting approved the resignation of Silvano Winston Rumantir as\nCommissioner and appointed Aaron Ang Nio as the new Commissioner.<\/p>\n
Ade expressed appreciation for the dedication and contribution of\nSilvano Winston Rumantir during his tenure as Commissioner and welcomed\nAaron Ang Nio to the Board of Commissioners.<\/p>\n
He said the refreshment is expected to bring a new perspective to\nstrengthen the supervisory function, governance, and sustainable growth\nof COIN.<\/p>\n
\u201cWe believe his new perspective will further strengthen the\nsupervisory function and the implementation of good governance within\nthe company,\u201d he said.<\/p>\n
With this decision, the composition of COIN\u2019s Board of Commissioners\nconsists of John A. Prasetio as President Commissioner concurrently\nserving as Independent Commissioner, and Aaron Ang Nio as Commissioner.\nMeanwhile, the composition of COIN\u2019s Board of Directors consists of Ade\nWahyu as President Director, Adri P. Martowardojo as Director, and\nAbraham Ardian Nawawi as Director.<\/p>\n
The RUPST also approved the Annual Report and Consolidated Financial\nStatements of the company, as well as the Supervisory Duty Report of the\nBoard of Commissioners for the 2025 fiscal year.<\/p>\n
In addition, the company also presented the report on the realisation\nof the use of funds from the public offering as of 31 December 2025.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/coin-retains-2025-profits-to-strengthen-business-fundamentals-1781542299", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }