Hanjaya Mandala Sampoerna Tbk (HMSP) A Wait-and-See Excise Tax on Cigarettes
Increment of 8.4% in HMSP Sales HMSP’s sales increased by 8.4% from IDR24 trillion in the 2Q17 to IDR26 trillion in the
Surya Citra Media Tbk (SCMA) Focus on Maintaining Audience Share Performance
1Q18 Outperformance Offsetting 2Q18 Underperformance SCMA marked the 2Q18’s underperformance as it posted the decline
United Tractors Tbk (UNTR) A Way More Balanced Portfolio
1H18’s Net Income: Positive Impacts of Recovery in Coal Prices UNTR posted the net profit of IDR5.74 trillion growing
Bank Mandiri Tbk (BMRI) Clogged by Flat Interest Income
2Q18 Performance Review: Unattractive Interest Income BMRI posted the decline of 0.2% y-y to IDR19.6 trillion in the
Bank Rakyat Indonesia Tbk (BBRI) A Way More Unerring Ahead Direction
2Q18’s Profit: Constrained by High Provision BBRI posted the net profit of IDR7.5 trillion or growing by 10.4%
Vale Indonesia Tbk (INCO) Focuses on Stainless Steel
2Q18’s Outperformance: Thanks to Soaring ASP INCO enjoyed the net profit of USD22.5 million or growing by 247.2% y-y
Bukit Asam Tbk (PTBA) Flaming Brightly amid Coal Policy
1H18’s Performance Review: Buoyant Exports PTBA enjoyed the growth of 49.4% y-y to IDR2.57 trillion in net profit,
Mitra Adiperkasa Tbk (MAPI) Further Buoyant Performance
1Q18 Buoyant Top Line Performance MAPI succeeded to secure the 1Q18’s revenue of IDR4.3 trillion (+19.3% y-y). Of note,
Indofood CBP Sukses Makmur Tbk (ICBP) Profit Margin Is Buoyant Further
Noodle Division: Impetus of Buoyant Sales ICBP enjoyed the buoyant sales of 4% from IDR9.45 trillion in 1Q17 to IDR9.88
