NH Korindo Sekuritas Indonesia
Menu
  • Our Service
    • News & Research
      • News
      • Equity Report
      • Research Fixed Income
      • Company Report
      • Outlook
      • Special Notation
    • Equity
    • Fixed Income
    • Investment Banking
      • IPO
      • E-IPO
    • Download Center
      • Download NAIK
      • Documents
    • Wealth Management
      • Mutual Funds
    • Academy
      • Stock Dictionary
      • Stock Education
  • About Us
    • Our Firm
    • Our People
    • Our Branch
    • Corporate Governance
    • FAQ
  • Contact
  • Register Now
  • ID
  • EN

PWON – Counting on the Success of Strategies during Pandemic

  • Author
  • Recent Posts
Ajeng Kartika Hapsari
Ajeng Kartika Hapsari
Analyst - Property, Construction
Ajeng Kartika Hapsari
Latest posts by Ajeng Kartika Hapsari (see all)
  • CTRA – Focused in Developing New Cluster in Existing Projects - December 8, 2021
  • PWON – Economic Recovery Boosts Recurring Income - December 1, 2021
  • PTPP – Targeting National Strategic Project (PSN) Contracts - November 22, 2021

In 1Q20, PWON posted revenue of IDR1.65 trillion (-3.5% YoY). Due to the exchange rate loss of up to IDR557.62 billion, net profit plunged to IDR67 billion (-90.7% YoY). Meanwhile, recurring income still grew 1.3% YoY supported by a 4% YoY increase in the rental and service charges segments. Two business locations, namely Jakarta and Surabaya, which are the highest ranks in the Covid-19 cases, are a challenge for PWON in developing strategies to maintain business stability during the pandemic.

Download full report HERE.

Share This Article

Related Article


Company Report | Actively Developing Non-Smartphone Business

25 May 2023

ERAA managed to record sales growth in 1Q23 of 28.9% YoY, led by the Accessories and others segment, which rose 42.1% YoY. The company also recorded a net profit decline of 20.2% YoY. By business vertical, Erajaya Digital still contributed the most at 92.1%.

Company Report | Unrealized Forex Gains Bring 1Q23 Net Profit to Significant Growth

19 May 2023

CBP started 1Q23 by recording sales growth of 11.4% YoY, buoyed by both domestic and overseas sales, as well as higher volume and average selling price (ASP). Meanwhile, unrealized forex gains arising from financing activities caused 1Q23 net profit to grow significantly by 103.7% YoY to Rp4.0 trillion. This led to a higher NPM of 20.7% in 1Q23.

Company Report | Kupedes, the New Growth Driver

19 May 2023

BBRI posted a 1Q23 Net Profit of IDR 15.564 T, an increase of 27.4% YoY (1Q22: IDR 12.167 T) and +29% QoQ (4Q22: IDR 12.014 T). This brilliant performance was supported by NIM, which increased by 10 Bps to 7.82% YoY this quarter.

 

More Article

FI Business Trend

26 May 2023

Edging Close to A Deal to Raise The US Debt Cei...

US President Joe Biden and Republican lawmaker Kevin McCarthy on Thursday were edging c...

READ MORE

Daily Report

26 May 2023

Daily Report | 26 May 2023

US technology stocks listed in the Nasdaq index led a 1.71% gain in Thursday's trading ...

READ MORE

IPO

25 May 2023

Information of PT Graha Mitra Asia Tbk (RELF) IPO

PT Graha Mitra Asia Tbk  (Perseroan) adalah  suatu perseroan terbuka yang saat ini memi...

READ MORE

Contact Us

  • Treasury Tower 51th Floor, District 8, SCBD Lot 28, Jl. Jend. Sudirman No.Kav 52-53, RT.5/RW.3, Senayan, Kebayoran Baru, South Jakarta City, Jakarta 12190
  • cso@nhsec.co.id
  • +62 21 5088 9100 (Representative Number)
    +62 21 5088 9102 (CS Number)
  • +628 118 198 111 (Official Whatsapp 1)
    +6281 67 0000 5 (Official Whatsapp 2)

Link

  • Our Firm
  • Research
  • Our People
  • Download
  • Dictionary
  • FAQ

Certified By

PT NH Korindo Sekuritas Indonesia terdaftar dan diawasi oleh Otoritas Jasa Keuangan (OJK).


Copyright 2021 NH Korindo Sekuritas. All rights reserved.