Aneka Tambang Tbk (ANTM) Reflection of Conservative Investors
2Q18: Downbeat Margin ANTM posted 2Q18’s sales of IDR6.08 trillion (+6% q-q or +347% y-y). On the cumulative basis,
2Q18: Downbeat Margin ANTM posted 2Q18’s sales of IDR6.08 trillion (+6% q-q or +347% y-y). On the cumulative basis,
Bottom Line Undermined by Rupiah Depreciation In 2Q18, MNCN posted the growth of 3.5% y-y to IDR2.09 trillion and of
2Q18: Growth of 148% y-y in Net Profit PGAS posted the growth of 3% q-q or 24% y-y to USD825 million in the 2Q18’s
Further Outperformance In the 2Q18, MAPI was successful in maintaining its outperformance because it posted the
Increment of 8.4% in HMSP Sales HMSP’s sales increased by 8.4% from IDR24 trillion in the 2Q17 to IDR26 trillion in the
1Q18 Outperformance Offsetting 2Q18 Underperformance SCMA marked the 2Q18’s underperformance as it posted the decline
1H18’s Net Income: Positive Impacts of Recovery in Coal Prices UNTR posted the net profit of IDR5.74 trillion growing
2Q18 Performance Review: Unattractive Interest Income BMRI posted the decline of 0.2% y-y to IDR19.6 trillion in the
2Q18’s Profit: Constrained by High Provision BBRI posted the net profit of IDR7.5 trillion or growing by 10.4%