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
2Q18 Performance Review: Unattractive Interest Income BMRI posted the decline of 0.2% y-y to IDR19.6 trillion in the
2Q18’s Profit: Constrained by High Provision BBRI posted the net profit of IDR7.5 trillion or growing by 10.4%
2Q18’s Outperformance: Thanks to Soaring ASP INCO enjoyed the net profit of USD22.5 million or growing by 247.2% y-y
1H18’s Performance Review: Buoyant Exports PTBA enjoyed the growth of 49.4% y-y to IDR2.57 trillion in net profit,
1Q18 Buoyant Top Line Performance MAPI succeeded to secure the 1Q18’s revenue of IDR4.3 trillion (+19.3% y-y). Of note,
Noodle Division: Impetus of Buoyant Sales ICBP enjoyed the buoyant sales of 4% from IDR9.45 trillion in 1Q17 to IDR9.88
Throttled by Foreign Exchange Loss MNCN posted a slight slid in 1Q18’s performance. On annual basis, its revenues
Sound Sales Growth GGRM succeeded to post the growth of 10.1% in sales from IDR19.97 trillion in 1Q17 into IDR21.98
Favorable Performance The growth in the property development segment — residences and shop houses, as well as offices —