BBNI – An Attractive Valuation with Low Cost of Fund
Allowance for impairment losses, which increased the provision fee up to 88.2% YoY, pushed down BBNI's net profit by
PTPP – 2Q20 Performance, Bottom-Line Touches Lowest Level
PTPP posted a 2Q20 profit of IDR3 billion (-98.6% YoY), which is the company's deepest bottom-line decline. Even though
JSMR – 1H20 Performance Depressed, Impacted by PSBB
The decline in the company's 1H20 performance, in-line with our estimates, resulted from the impact of PSBB
ASII – Tailing Economic Recovery Momentum
In 1H20, ASII booked a decline in total revenue to IDR 89.8 trillion, down by 22.7% from the same period last year at
TINS – Performance Gradually Improved
TINS posted a net loss of IDR390 billion in 1H20 but improved quarterly as the company recorded revenue recovery with a
TLKM – Indihome Grows During Pandemic
On YoY basis in 1H20, income of the Internet Data and Indihome segments booked positive growth of 6.8% and 19.1%
KLBF – Remains Optimistic Despite Headwinds
KLBF 2Q20 earnings exceeded our expectations, with the modest growth in distribution and consumer health segment, but
SMGR – Must Take Advantage of Economic Recovery
SMGR performance in 1H20 resulted in bottom line increase of 26.6% YoY, although the 2Q20 sales and profit both dropped
GGRM – Bumpy Road Ahead for Tobacco Players
GGRM showed its ability to endure the tough quarter, even though the outlook is a bit more muted than last year. Our new
