Hanjaya Mandala Sampoerna Tbk (HMSP) Eyes on Excise Rates of 2019
3Q18’s Buoyant Sales of 10.4% HMSP enjoyed the growth of 10.4% in sales from IDR25.7 trillion in 3Q17 to IDR28.3
Pakuwon Jati Tbk (PWON) 3Q18: Pacing to Higher Gears
Top and Bottom Line Growth of Much Higher Than 20% 3Q18’s top and bottom line growth outstripped 3Q17’s growth of much
United Tractors Tbk (UNTR IJ) 3Q18 Review: Shrew to Exploit Opportune Backdrop
3Q18 Review: Top and Bottom Lines Fitting into Estimate In 3Q18, UNTR posted revenue of USD22.1 trillion (+11.3% q-q,
Vale Indonesia Tbk (INCO IJ) Missed Arrow
Bottom Line: Higher than Consensus but Lower than Our Estimate In 3Q18, INCO posted the net profit of USD25.8 million
Kalbe Farma Tbk (KLBF) Stable Growth
Single-Digit Growth in Sales KLBF is projected to post the growth of 3.4% in 2018’s sales. The growth is a lot lower
Jasa Armada Indonesia Tbk (IPCM) Is Akin to Marathon Runner
Is 2018’s Revenue Target Accomplished? We conduct a site visit to IPCM a few weeks ago. In the early of 2018, IPCM
Kimia Farma Tbk (KAEF) Aggressive Expansions
Increment of 20.2% in Sales KAEF’s sales are projected to surge by 20.2% from IDR6.12 trillion in 2017 to IDR7.36
XL Axiata Tbk (EXCL) Focus on Development of Data Segment
Partnership and Marketing: Fruitful Strategies In 2Q18, EXCL’s performance nudged up by 1% q-q and in 1H18 it also
Medco Energi Internasional Tbk (MEDC) 3Q18’s Preview of Shirking Debt Portion
3Q18 Projection of Upbeat ASP Bolstering Revenue Overseeing that global oil and gas prices are on rise, we project
