WIKA – Pursuing New Contract Growth
WIKA booked an income of IDR16.53 trillion (-39% YoY) in FY20. Margins were recorded lower than FY19, with additional
PTPP – FY20 Performance Below Estimates
PTPP had a declining performance in FY20. Revenue and profit fell 36% YoY and 86% YoY. Meanwhile, PTPP managed to
SMGR – Production Cost Efficiency, FY20 Profit Grows
SMGR booked FY20 income of IDR35.17 trillion or down 12.9% YoY due to decrease in sales volume by 7.9%. However, SMGR
BSDE – Margin Increases, Performance Recovers
BSDE books performance recovery in 3Q20. Income was recorded at IDR1.94 trillion (+19.2% YoY, +131% QoQ) supported by
CTRA – Focus on Existing Projects
In 3Q20, CTRA booked an income of IDR1.43 trillion (+11% QoQ, -4.9% YoY) or 19.6% higher than our estimates. However,
INTP – Higher Manufacturing Efficiency Boosts 3Q20 Performance
INTP’s performance in 3Q20 improved on a quarterly basis. Both top line and bottom line booked increases of 41.3% QoQ
PWON – Top Line Increases, Indicates Business Recovery
PWON booked an impressive 3Q20 income at IDR1.07 trillion or +10.9% above our estimates and increased 231% QoQ. The gain
SMGR – Increasing Margin, Profit Higher Than Expected
SMGR booked an income of IDR9.59 trillion (-18.5% YoY, +28.9% QoQ). GPM, OPM, and NPM reached record numbers in 3Q20, as
PTPP – Relying on Divestment Realization
PTPP’s performance in 3Q20 was under below expectations. PTPP recorded an income of IDR3.27 trillion (-38.7% YoY, -2%
