Bukit Asam Tbk (PTBA) The Higher Export Volume in 2018
1Q18 Performance Overview PTBA posted the 1Q17 sales of IDR5.7 trillion picking up 26.4% y-y backed by the surge of
Indofood Sukses Makmur Tbk (INDF) Undervalued in Light of Stable Earnings
Performance of Agribusiness Segment: 2017 Performance Bolster INDF’s sales surged by 5.1% from IDR66.7 trillion in 2017
Ciputra Development Tbk (CTRA) Rosier Optimism
4Q17 Slight Margin Performance CTRA underperformed in 2017. Of note, its revenue declined by 4.40% y-y into IDR6.4
Surya Citra Media Tbk (SCMA) Embraces Turnaround Result
2017 Marked by Underperformance SCMA posted 2017 net profit of IDR1.3 trillion or edging down by 11.4% y-y. The
Gudang Garam Tbk (GGRM) Expects 2018 Better Performance
SKM Segment’s Lustrous Performance GGRM succeeded in posting growth of 9.2% in sales from IDR76.2 trillion in 2016 into
Pembangunan Perumahan Tbk (PTPP) Moment to Carry on Effective Strategy
4Q17 Performance Review PTPP secured 4Q17 revenue of IDR7.7 trillion (+37.9% y-y) settling at highest revenue figures
Mitra Adiperkasa Tbk (MAPI) Takes Hold Steady Growth
Growth in All Segments MAPI posted the growth of 60.5% y-y into IDR334.65 billion in 2017 net profit. The growth of
Adaro Energy Tbk (ADRO) Further Rooms for Growth
Consistent Upswing in ASP The picking up average selling price (ASP) successfully sent ADRO to post 4Q17’s soaring
Ace Hardware Indonesia Tbk (ACES) Reaps Effective Strategies
Impressive Sales Figures ACES posted the upswing of 20.3% y-y in 2017’s net sales coupled by picking up sales in its
