TLKM – Planned Corporate Actions to Boost Company Value
TLKM booked a positive performance in 2020, where net profit grew by double digits at 11.5%. It was supported by revenue
MAPI – Strong Finish in 2020
The company faced a multitude of challenges in 2020 from Indonesia’s large-scale social restriction and curfew. However,
EXCL – Strengthen Digital Transformation Program to Gain Customers
EXCL’s revenue decreased by 3.8% yoy in 1Q21, mainly caused by some segments that fell rather significantly. Net income
CTRA – Solid Marketing Sales Despite Pandemic
CTRA managed to book 4Q20 income of IDR3.83 trillion (+167% QoQ, +29.7% YoY) boosted by development income (+15.4% YoY).
PWON – Balance Sheet Remains Strong after Asset Acquisition
Amid the large portion of revenue from recurring income, PWON must be able to carry out cost efficiency, in order to
INDF – Boosted by stronger noodle and agribusiness sales
We believe strong noodle and agribusiness sales will boost up INDF’s sales outlook. Meanwhile, we saw the overall margin
ASII – Counting on Luxury Tax Relaxation
Throughout FY20, ASII booked an income of IDR 175 trillion; down by 26.2% compared to FY19. Without taking into account
JSMR – Increasing Toll Road Tariff and New Projects to Boost Performance
Throughout 2020, JSMR managed to book a net profit of IDR501.0 billion, +562.1% QoQ, -77.1% YoY. This gain is in line
WIKA – Pursuing New Contract Growth
WIKA booked an income of IDR16.53 trillion (-39% YoY) in FY20. Margins were recorded lower than FY19, with additional
