“CPIN : Feed and DOC Segments Maintain Revenue in 6M25”
CPIN booked revenue growth by 0.3% YoY to IDR33.06 trillion in 6M25. This was driven by a significant increase in DOC segment sales by 31.22% YoY to IDR1.33 trillion in...
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“JPFA : Facing Pressure on Live Bird and DOC Prices in 2Q25”
JPFA booked a revenue decrease by 0.6% YoY to IDR27.48 trillion in 6M25. The decrease in revenue was mainly driven by lower sales in the commercial farm and animal feed...
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“INTP: Demand Still Soft, But Margin and ASP Provide Cushion”
INTP posted a moderate topline performance in 2Q25, with revenue reaching Rp4.06 trillion (+2.05% QoQ; +0.37% YoY). Cumulatively, 1H25 revenue amounted to Rp8.03 trillion (Phintas: 43%; Cons: 43%; Avg-4Y: 44%),...
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“PWON: Recurring income continues as the primary driver of PWON’s performance”
PWON's Net income grew 34% YoY to Rp1.14 trillion in 6M25. This achievement was primarily driven by recurring income, which increased 10% YoY to Rp2.45 trillion in 6M25 and contributed...
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“BSDE: BSD City is expected to be a key driver of marketing sales FY25F”
BSDE's revenue decrease 13% YoY to Rp6.4 trillion in 6M25 but BSDE's cost of goods sold only fell 6% YoY to Rp2.3 trillion in 6M25. Land and building sales were...
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“MTEL: Soft Topline, Strong Margins, Fiber Upside”
MTEL posted a solid performance in 2Q25, with revenue reaching Rp2.33 trillion (+3.2% QoQ; +4.0% YoY). Cumulatively, 1H25 revenue amounted to Rp4.60 trillion, reflecting 50.7% of our estimate and 47.2%...
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“MYOR : High Cocoa and Coffee Prices Pressure Profitability in 6M25”
MYOR booked revenue growth by 9.7% YoY to IDR17.8 trillion in 6M25. This growth was in line with increased sales in all segments. The packaged processed food segment increased by...
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“BDMN : Loan Growth Accompanied by Improvement in Asset Quality”
BDMN's net profit grew 12% YoY to Rp1.6 trillion in 6M25. This growth was in line with the increase in Interest income by 3.6% YoY to Rp11.6 trillion, as well...
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“BBCA : In line with our estimates, maintain Buy”
BBCA's interest income grew 7% YoY to Rp49.4 trillion in 6M25. This growth was in line with the development of Net Interest Income to Rp42.6 trillion (+6.8% YoY or 1.7%...
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