Company Report
29 October 2026
ANTM’s 9M26 results were in line, with revenue of IDR 88.48 tn (+22.8% YoY, 74.3% of ou...
Company Report
29 October 2026
BBCA continued to deliver resilient earnings in 9M26, with profit growth gaining moment...
11 February 2021
BBNI's profit fell by -78.7% to IDR 3.28 trillion in 2020. Loan Loss Provisions rose sharply to IDR 22.59 Trillion (vs IDR 8.84 Trillion in FY19), putting heavy pressure on the company's profitability. However, BBNI was still able to book credit growth of 5.5% yoy with pre-provisions operating profit (PPOP) only decreased slightly by 1.8%. This year, the company targets single digit credit growth in the range of 6-9 percent.
22 January 2021
Performance recovery in 3Q20 allowed revenue to grow 14.5% QoQ to USD61.9 million. Gas distribution led the increase with 13.9% QoQ revenue growth. PGAS once again recorded net profit of USD46.5 million vs net loss of USD41.1 million in the second quarter.
18 January 2021
INDF experienced relatively modest performance of sales and net foreign exchange loss during the quarter. Nonetheless, we note that EBIT margin has improved across all segment, benefitted from upward trend commodity prices. We still upbeat with INDF’s outlook and maintain recommendation BUY.
18 January 2021
In 3Q20, ICBP recorded soft performance due to weak purchasing power in domestic market. Meanwhile, ICBP earning had understandably contracted as finance expense hike due to additional new bank loan. However, we still expect the consolidation of Pinehill in ICBP will have a greater impact on FY21. Thus, we maintain BUY.
18 January 2021
In 3Q20, PTBA managed to book a net profit of IDR439 billion or equal to +14% QoQ although on year-on-year period, it is still at -60% YoY.
