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GGRM – 3Q20 Performance Driven By Robust Top Line Growth

  • Author
  • Recent Posts
Putu Chantika
Putu Chantika
Analyst - Consumer, Retail
Putu Chantika
Latest posts by Putu Chantika (see all)
  • ICBP – Supported by Topline Growth - December 20, 2021
  • ACES – Slowdown in 3Q21 Sales - December 7, 2021
  • ERAA – Continue on Growth Path - December 1, 2021

GGRM reported solid revenue growth on the back of decent performance from both segments – hand rolled cloves and machine rolled cloves. Meanwhile, GGRM has declared not to distribute dividend this year and settled short term loan which resulted in improvement of DER.

Download full report HERE.

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