PTPP – Targeting National Strategic Project (PSN) Contracts
In 3Q21, PTPP booked a +45.2% YoY increase in revenue. Meanwhile, profit jumped 316% YoY. PTPP revised down the new
INCO – Solid Earnings Supported by Global Nickel Price
INCO posted a robust sales of US$687.2 million and net earnings of US$122.3 million in 9M-21. The result was supported
MIKA – Facing Earnings Normalization
MIKA continues to booked solid performance in 9M21 with strong growth in both inpatient and outpatient segments. For
BBNI – Supported by Higher CASA Ratio
BBNI booked a net profit of IDR 7.7 trillion throughout 9M21, or 79.4% of our estimates of IDR 9.7 trillion. The
MYOR – Margins Suppressed by Higher Raw Material Costs
MYOR’s 3Q earnings and margins came out weak due to higher commodity prices and stricter restriction of public
BBCA – Best Loan Growth in 3Q21
BBCA recorded 9M21 net profit of IDR 23.2 trillion, achieving 70% of our estimates, as it succeeded in lowering interest
SIDO – New Products Contribute to Sales Growth
SIDO closed 3Q21 with an impressive sales performance, supported by higher demand in herbal segment and supplements. We
PTBA – Cost Control and Coal Price Keep a Bright Outlook
Rising coal prices creates brighter outlook for operational performance in 6M-21. Overall, exports to primary consumers
ADRO – Rising Coal Prices Propel Earnings Prospects
ADRO’s performance in 6M-21 indicates major growth with 14.2% YoY increase in revenue and 9.6% YoY decrease in the
