WIKA – Gearing Ratio Level Still Maintained
WIKA recorded 1H21 revenue of IDR6.76 trillion, or down 5% YoY, due to delays from the project owner's side for some
BBNI – Solid Performance Growth, Provision Still Rising
BBNI recorded solid performance recovery in 1H21, with increases in top-line from both interest and non-interest
MAPI – Expanding Product Portfolios
MAPI closed 2Q21 with an exciting performance, mainly driven by SSSG improvement and extensive margin expansion. We also
ICBP – Modest Performance amid Declining Margin
ICBP closed 2Q21 with a modest performance, with declining margin across the board due to rising material costs. The
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
CTRA – Optimistic Marketing Sales Target will be Achieved
In 2Q21, CTRA successfully booked a net profit of IDR240 billion (vs net loss of IDR8 billion in 2Q20). Boosted by a
BBYB – Transformation to Digital Banking
Over the last 2 years, BBYB has undergone major changes in ownership The two previous main shareholders, Gozco Capital
PWON – Challenges from Falling Occupancy Rate
PWON booked total revenue of IDR1.34 trillion (315.2% YoY) in 2Q21. Development and recurring income also grew 676.1%
ACES – Hindered by Temporary Store Closures
We believe ACES will be conservative in the near future given the uncertainty surrounding the recovery pace of consumer
