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22 Mar 2021

PTBA – FY2020 Result Below Expectations

In 2020, PTBA managed to record a top line of IDR17.3 trillion or down by 20.5% YoY and 2.7% below our expectations. It

15 Mar 2021

UNTR – Lower Sales Volume in 2020

UNTR’s top line fell by 28.5% throughout 2020 to over IDR60.3 trillion, resulting in bottom line of IDR6 trillion, or

04 Mar 2021

AALI – Higher ASP Boosts Performance

AALI’s top line grew by 7.8% during pandemic and reached over IDR18.8 trillion, resulting in bottom line of IDR833

26 Feb 2021

ITMG – Modest Performance in 2021

ITMG’s top line fell by 30.9% throughout 2020, resulting in bottom line of USD39 million, or declining significantly by

18 Jan 2021

PTBA – Modest Performance Affected by Coal Prices

In 3Q20, PTBA managed to book a net profit of IDR439 billion or equal to +14% QoQ although on year-on-year period, it is

28 Dec 2020

ADRO – Modest Performance During the Pandemic

In 3Q20, ADRO recorded a modest performance with net loss of USD47 million or -180% QoQ (-142% YoY). Meanwhile, in 9M20

18 Dec 2020

AALI – Soaring Financial Performance in 3Q20

In 3Q20, AALI managed to record financial performance that grew beyond expectations, posting bottom line of IDR210

25 Nov 2020

ANTM – Performance Not Affected by Pandemic

During the uncertain situations due to the global pandemic, ANTM managed to post a bottom line of IDR751 billion in

INCO - VALE
11 Nov 2020

INCO – Nickel Price Boosts Performance

Amid the global pandemic, INCO managed to record a net profit of USD24 million in 3Q20, -2.7% QoQ or -10.7% YoY. This

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