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18 Jan 2021

ICBP – Hoping for Better Performance

In 3Q20, ICBP recorded soft performance due to weak purchasing power in domestic market. Meanwhile, ICBP earning had

18 Jan 2021

PTBA – Modest Performance Affected by Coal Prices

In 3Q20, PTBA managed to book a net profit of IDR439 billion or equal to +14% QoQ although on year-on-year period, it is

08 Jan 2021

ISAT – Waiting for Merger Realization

The cellular segment was one of the segments that recorded growth, while intense competition making the company's

08 Jan 2021

BSDE – Margin Increases, Performance Recovers

BSDE books performance recovery in 3Q20. Income was recorded at IDR1.94 trillion (+19.2% YoY, +131% QoQ) supported by

04 Jan 2021

ACES – Gradual Recovery in Sales

ACES showed improving profitability in 3Q20 despite the reimpose of large-scale social restriction. We expect ACES could

28 Dec 2020

ADRO – Modest Performance During the Pandemic

In 3Q20, ADRO recorded a modest performance with net loss of USD47 million or -180% QoQ (-142% YoY). Meanwhile, in 9M20

18 Dec 2020

AALI – Soaring Financial Performance in 3Q20

In 3Q20, AALI managed to record financial performance that grew beyond expectations, posting bottom line of IDR210

18 Dec 2020

JSMR – Toll Road Segment Recovery Grows Faster

JSMR's revenue improved during 3Q/20, with an increase of +45.3% QoQ. The toll road segment contributed 62.3% to the

17 Dec 2020

MAPI – Positive Sign of Improvement

A significant quarterly improvement in 3Q20 has proven that management succeeded to overcome the challenging situation.

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