13 December 2021
The sluggish performance was mainly attributed to Broiler segment which had a huge loss, effectively offset income from other segments. Higher corn price will remain as a huge challenge for CPIN performance in the upcoming quarters.
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8 December 2021
In 3Q21, CTRA booked a significant increase in revenue and profit by 83.1% YoY and 747.3% YoY. Meanwhile, throughout 9M21, marketing sales reached 85% of the year’s target. The highest increase in marketing sales was supported by landed house sales in Surabaya, Medan, and Tangerang. In the future, CTRA will focus on building new clusters in existing projects such as CitraRaya Tangerang, Citra Sentul Raya, Citra Maja Raya, and CitraLand Surabaya.
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7 December 2021
ACES closed 3Q21 with disappointing result due to a slowdown in SSSG, as the latest sales figure was negatively impacted by unfavourable conditions. However, we are optimistic the company would be back on the recovery track in the upcoming quarter.
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3 December 2021
TLKM displayed positive performance on multiple revenue streams in 9M21. Data and internet segment posted +6.1% YoY growth to IDR 60,245 billion, supported by strong market share (59.2% of total domestic market) and steady growth of subscribers (2.2% YoY) to 173.5 million. Furthermore, IndiHome segment increased by 21.9% YoY to reach IDR 19.6 trillion. Also, traffic data increased 50.4%YoY to 9.812 Petabytes.
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3 December 2021
For the period 9M21, ASII booked IDR 167.4 trillion in total revenue (up 28% yoy); with net profit increase by 6.7% yoy to IDR 21.0 trillion. The automotive sector led the performance recovery, supported by robust growth in car sales and market share. ASII also continue to embrace the new economy by investing in top quality start-ups; which would be a positive catalyst for future performance.
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