MAPI – Weighed Down by Store Closures and Weak Consumer Spending
The retail sector continues to suffer under the weight of the Covid-19 throughout 1Q20 and likely continue to the next
ERAA – 1Q20 : Digital Partially Offset Brick & Mortar Sales
ERAA still recorded positive performance in 1Q20. In facing a challenging environment, ERAA has implemented a number of
KINO – Expect Soft Earnings in 2020
Kino posted strong performance in 1Q20, supported by personal care and beverage segments as its main contributors. In
KLBF – Remains Conservative during Tough Period
KLBF recorded modest top-line and bottom-line growth in 1Q20. This growth was supported by all segments which recorded
ICBP – 1Q20 Impression : Stellar Growth along with Margin Expansion
In 1Q20, ICBP recorded strong revenue and earnings supported by excellent performance from all segments, except beverage
GGRM – 1Q20: A Touch Below Our Estimate, FY Outlook Lowered
GGRM still recorded modest growth in revenue and net profit in 1Q20, supported by advances in all segments such as SKM,
INDF – 4Q19 Review Strong Margins and Better Earnings
INDF posted significant profit growth in FY19 compared to FY18's growth; that was attributable to its positive
KLBF – FY 19’s Opportunities Flicker in A Bleaker Quarter
FY19’s Unaudited Bottom Line Lowers than Estimate Based on FY19’s unaudited results, KLBF achieved the top-line of
Erajaya Swasembada Tbk (ERAA IJ) Focuses on Strategic Growth Drivers
Initiative Coverage of Buy Rating with the Price Target of IDR2,000 over PT Erajaya Swasembada Tbk (ERAA) Our price
