CTRA – Focus on Existing Projects
In 3Q20, CTRA booked an income of IDR1.43 trillion (+11% QoQ, -4.9% YoY) or 19.6% higher than our estimates. However,
HMSP – 3Q20 Result Driven By Volume Growth Recovery
HMSP’s performance in 3Q20 improved on quarterly basis, mainly driven by sales volume recovery in both SKM and SKT
BBRI – Micro Segment Leads Credit Expansion
BBRI booked a net profit of IDR 3.8 trillion for the 3Q20 period. This figure significantly grew compared to previous
INTP – Higher Manufacturing Efficiency Boosts 3Q20 Performance
INTP’s performance in 3Q20 improved on a quarterly basis. Both top line and bottom line booked increases of 41.3% QoQ
CPIN – Sales Begins to Recover
CPIN booked a better performance on top line, with sales growing 9.5% YoY in July-September 2020. Recovery can be seen
SCMA – Digital Segment as a Growth Driver
SCMA managed to record a net profit of IDR 911 Bn in 9M20 (-8.1% yoy, +12.2% qoq), supported by recovery in ads spending
MYOR – 3Q20 Lifted By Strong Performance in All Segments
We see that MYOR is bucking the trend, as many other FMCG players booked soft 3Q20 sales growth. We believe this growth
ANTM – Performance Not Affected by Pandemic
During the uncertain situations due to the global pandemic, ANTM managed to post a bottom line of IDR751 billion in
BBCA – 9M20 Review: Solid Capital and PPOP
Although BBCA loans decreased by 0.6% YoY to IDR 581.8 trillion, corporate segment still grew 8.6% YoY to IDR 251.9
