JSMR – Divestment to Strengthen Capital Structure
JSMR recorded revenue growth of 1.2%, supported by toll road revenue that grew 33.9% throughout the first semester of
MAPI – Hampered by Tightening PPKM
We see noticeable improvements from the company, reflected in its SSSG and earning performance in 1Q21. However, this
WIKA – New Contracts from Infrastructure Segment Grows
WIKA recorded revenue and net profit decline in 1Q21 at 7% YoY and 21% YoY. Meanwhile, new contracts jumped by 85% YoY
TBIG – Limited Tower Acquisition Potential
TBIG's performance in Q1-2021 was solid, as Top and Bottom Line grew double digits at 12.7% YoY and 16.4% YoY
ACES – Going through Steep Paths
ACES closed 1Q21 with an underwhelming performance due to high base and negative SSSG. Profitability margins were
PTPP – Low Gearing Ratio Provides Financial Flexibility
PTPP’s revenue declined by 16.7% YoY in 1Q21, but lower cost of revenue and operating expenses boosted profit growth to
TLKM – Strengthening Data Center Business
TLKM posted -0.7% YoY top-line decline in 1Q21, as revenues from non data segment softened. However, revenue from
INDF – Strong Performance from All Segments
INDF closed 1Q21 with an exciting performance, supported by all business segments and margin expansion. Going forward,
CTRA – VAT Subsidy Boosts Marketing Sales
CTRA successfully booked stellar performance in 1Q21. Amid the pandemic, revenue and profit grew significantly by 22.6%
