CPIN – Sales Begins to Recover
CPIN booked a better performance on top line, with sales growing 9.5% YoY in July-September 2020. Recovery can be seen
SCMA – Digital Segment as a Growth Driver
SCMA managed to record a net profit of IDR 911 Bn in 9M20 (-8.1% yoy, +12.2% qoq), supported by recovery in ads spending
MYOR – 3Q20 Lifted By Strong Performance in All Segments
We see that MYOR is bucking the trend, as many other FMCG players booked soft 3Q20 sales growth. We believe this growth
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
BBCA – 9M20 Review: Solid Capital and PPOP
Although BBCA loans decreased by 0.6% YoY to IDR 581.8 trillion, corporate segment still grew 8.6% YoY to IDR 251.9
PWON – Top Line Increases, Indicates Business Recovery
PWON booked an impressive 3Q20 income at IDR1.07 trillion or +10.9% above our estimates and increased 231% QoQ. The gain
EXCL – Top & Bottom Line Growth in 3Q20
EXCL booked excellent performance in 3Q/20 by recording growth in quarterly income and net profit by 1.7% YoY and 53.5%
GGRM – 3Q20 Performance Driven By Robust Top Line Growth
GGRM reported solid revenue growth on the back of decent performance from both segments – hand rolled cloves and machine
MIKA – Inpatient Segment Supports Recovery
MIKA booked net income of IDR 570 Bn in 9M20 or a slight decline of –2.9% yoy. However, performance improved greatly on
