Gudang Garam Tbk (GGRM) Persistently Retains Strong Sales
Higher-Than-Estimate Earnings GGRM achieved net profits of IDR2.96 trillion (+34% y-y, +54% q-q) in 3Q19. Net profits
Mitra Adiperkasa Tbk (MAPI IJ) Proves Solid Regardless of Tough 3Q19
Steady Top Line MAPI after the 2Q19 Eid Mubarak succeeded to post the 3Q19 revenues of IDR 5.3 trillion (+14.2% y-y,
Kalbe Farma Tbk (KLBF IJ) Discerns Cost Efficiency Vital to Earnings
Cost Efficiency Bolsters 3Q19 Profits The 3Q19 revenues stood at IDR5.6 trillion (+6.6% y-y,-3% q-q) to show contracted
Indofood CBP Sukses Makmur Tbk (ICBP IJ) Retains Double Digit Bottom Line Growth
Double-Digit Growth Spurs Net Profits to IDR1.3 Trillion Despite soft consumption, ICBP achieved net profits of IDR1.3
Kino Indonesia Tbk (KINO IJ) Proves Agile Business Expansion
3Q19 Outstanding Performance amid Soft Consumption In 3Q19, KINO posted the revenue growth of Rp1.26 trillion or a 41%
Ramayana Lestari Sentosa Tbk (RALS) Selective Survival
1H19 Lower-than-Estimate Performance The 2Q19 revenues were at IDR3.72 trillion or a 1.7% y-y growth from IDR3.6
Gudang Garam Tbk (GGRM) Resilience as Pressures of Tax Are On
1H19 Double Digit Growth GGRM posted for 1H19 sound performance, given a 16.4% y-y growth to IDR52,7 trillion in
Kalbe Farma Tbk (KLBF IJ) Stands to Benefit from State Health Care
Efficiency: A Key to 2Q19 Rising Earnings The success in keeping efficiency in check was a boost for KLBF’s sound
Mitra Adiperkasa Tbk (MAPI IJ) Reaps Revenues from Series of Momentum
The IH19 Favorable Performance MAPI posted two-digit growth in IH19, with a 10.2% y-y gain to IDR10 trillion in
