ASII – Recovery in Auto Sales, Agribusiness Leads Growth
Significant Improvement in 3Q20 Results. ASII booked net revenue of IDR 40,554 Bn in Q3/2020 (up 13.3% QoQ) which
TBIG – Bottom Line Still as Expected
The company's performance grew, driven by an increase in tower leases by TRI and FREN, which recorded growth of 57.0%
SIDO – 3Q : Herbal Demand Show Sign of Recovery
SIDO managed to record outstanding performance, despite uncertainty situation. On a more positive note, we believe
UNTR – The Prospect of Coal Still Sluggish
In 1H20, UNTR’s net profit was down 28.3% YoY with lower revenue from construction machinery and mining contraction. Low
CTRA – Strategizing to Attract Homebuyers
CTRA's performance in 2Q20 was supported by revenue from the development segment with an 89% contribution. The Landed
CPIN – Looking Forward to Price Recovery
PSBB impacts the poultry sector, with the decrease of demand for chicken meat and egg resulting in the company’s sales
INCO – Solid Earnings in The First Semester
INCO posted a net profit of USD53 million in 1H20 and in-line with our expectation. The result was supported by higher
BMRI – Liquidity Excess to Support Expansion
BMRI’s current liquidity is fairly relaxed, in line with the gradually decreasing Loan to Deposit Ratio (LDR). As of
ERAA – Growth Slips, but Expect Gradual Recovery in 2H
ERAA posted below-expected performance throughout the second quarter, which mainly due to store closures and a sharp
