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Kalbe Farma Tbk (KLBF) Intact Growth Potential

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NHKSI Research Team
NHKSI Research Team
NHKSI Research Team
Latest posts by NHKSI Research Team (see all)
  • XA Update Report | PT Avia Avian Tbk. (AVIA) – A Sky Full of Colors: AVIA’s Volume Breakout Year - March 3, 2026
  • XA Update Report | United Tractors (UNTR) 12M25 – Macro Sentiments Boost Prospects - March 3, 2026
  • Daily Report | 3 Mar 2026 - March 3, 2026

4.2% Sales Growth
KLBF posted the growth of 4.2% in sales from IDR4.82 trilion in 3Q16 into IDR5.02 trillion in 3Q17. The nutritional food division posting the growth of 9% and the prescription drugs division posting the growth of 8% were the bolster for the growth in sales.

Slight Growth of 1.2% in Net Profit
KLBF booked the net profit nudging up 1.2% from IDR556 billion in 3Q16 into IDR563 billion 3Q17. It succeeded to maintain the stable gross profit margin for its four business divisions. The nutritional food, prescription drugs, and consumer health divisions have the gross profit margin at the average of 56%, while the distribution & packaging division has the gross profit margin at the average of 30%.

 

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XA Update Report | PT Avia Avian Tbk. (AVIA) – A Sky Full of Colors: AVIA’s Volume Breakout Year

03 Mar 2026

AVIA closed FY25 solidly, with net profit growth of +4.85% YoY to IDR 1.74T due to strong sales volume (FY24: IDR 1.66T | Quarterly basis: +36.7% QoQ & +10.4% YoY, 4Q25: IDR 556B, 3Q25: IDR 407B, 4Q24: IDR 503B) and surpassing our estimation (102% of NHKSI Estimation for FY25).

XA Update Report | United Tractors (UNTR) 12M25 – Macro Sentiments Boost Prospects

03 Mar 2026

UNTR reported a steep 24% YoY decline in net income for FY25 (IDR 14.8 trillion vs 19.5 trillion) as top line slips by 2% (IDR 131.3 trillion vs IDR 134.4 trillion).

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28 Feb 2026

US-Israel Joint First Strike on Iran. US Military Presence Already Overwhelming. Iranian Counterattack Imminent. The Neighboring Conflict Of Afghanistan- Pakistan’s Border Dispute.

 

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