INDF – Solid Performance Growth Continues
INDF maintained solid revenue and net profit growth in 2Q21, on the back of strong performances from all segments. We
INDF maintained solid revenue and net profit growth in 2Q21, on the back of strong performances from all segments. We
We believe ACES will be conservative in the near future given the uncertainty surrounding the recovery pace of consumer
ERAA closed 2Q21 with a strong performance. It was supported by a combination of Lebaran season and robust performance
MYOR’s 2Q21 results were decent amid unfavorable conditions. However, we are concerned with MYOR’s performance in the
KLBF closed 1H21 with encouraging results on the back of decent performance from all segments. To capture growing demand
SIDO closed 2Q21 with stellar performance. We expect SIDO’s top line to grow even stronger in the upcoming quarters
We see noticeable improvements from the company, reflected in its SSSG and earning performance in 1Q21. However, this
ACES closed 1Q21 with an underwhelming performance due to high base and negative SSSG. Profitability margins were
INDF closed 1Q21 with an exciting performance, supported by all business segments and margin expansion. Going forward,