Company Report
28 October 2026
BMRI delivered resilient earnings in 9M26, with net profit reaching IDR 45.53T (+20.7% ...
Company Report
28 October 2026
FORE delivered strong 9M26 revenue of IDR 1.60 tn, up +53.3% YoY. 3Q26 revenue grew +56...
21 April 2026
ICBP recorded a modest topline growth in FY25, with revenue increasing by +3% YoY to IDR 74.9 tn, representing 99% of our full-year estimates.
21 April 2026
We are initiating a rating HOLD for JSMR as fuel price hikes and planned tariff increases may suppress traffic and keep revenue under pressure into 2026, despite relatively resilient earnings.
20 April 2026
Pakuwon Jati (PWON) reported a 7% YoY increase in revenue for FY25 to IDR 7.11 trillion with net profit margin improving to 35.4%.
17 April 2026
We maintain our BUY rating on SMDR with an upgraded TP of IDR 500 (Previously IDR 400) because of the geopolitical uncertainties primarily capitulated by the US-Iran-Israel conflict disrupting maritime traffic and causing rising shipping logistic fees.
15 April 2026
MTEL closed FY25 with revenue reaching IDR 9.53T, increased by 2.4% YoY (FY24: IDR 9.31T). On a quarterly basis, MTEL's revenue in 4Q25 increased by +16.1% QoQ and +9.8% YoY to IDR 2.65T (3Q25: IDR 2.28T | 4Q24: IDR 2.41T).
