MTEL: FTS Progresses with Steady Growth and Innovation Toward a New Era of Connectivity
MTEL booked revenue of IDR2.24 trillion in 2Q24, growing by +1.72% QoQ and +8.18% YoY, reflecting 46% of the 2024E target. The tower leasing segment remains the key driver, with...
Baca Laporan
TLKM : ERP Pressure Hit TLKM’s EBITDA in 2Q24
TLKM recorded revenue growth of 1.27% YoY in 2Q24, primarily driven by significant increases in the data, internet, and IT services segment (+7.17% YoY). The performance of the IndiHome segment...
Baca Laporan
JPFA: Corn Price Stability Drives JPFA’s Profitability
JPFA recorded revenue growth of 14.46% YoY to IDR27.64 trillion in 6M24. JPFA's double-digit revenue growth was supported by a significant increase in revenue of the Poultry Breeding segment by...
Baca Laporan
INCO : Limited Improvements by Escalating Production Costs
INCO reported 2Q24 revenue of $248.81 million, up 8.21% QoQ but down 15.88% YoY, slightly missing the 1H24 forecast of $478.75 million. Higher production costs raised cash costs to $9,989/tonne,...
Baca Laporan
BBCA : Credit Quality Remains Healthy Amidst Macroeconomic Conditions
BBCA's net profit grew 11.1% yoy to IDR26.9 trillion in 6M24 (IDR61.53 trillion Annualized or 47% of our 2024F). Resilience in loan growth in the last five years. BBCA recorded...
Baca Laporan
INDF : Operational Efficiency Drives EBITDA Improvement
INDF's revenue grew limited 0.81% YoY to IDR30.7 trillion in 3M24. Despite the limited revenue growth, INDF recorded a Cost of Goods Sold (COGS) decline by 3.87% YoY to IDR19.5...
Baca Laporan
MBMA: Enhanced Earnings Momentum with an Integrated Nickel Supply Chain
In 1Q24, MBMA's revenue fell 2.25% to US$444.23 mn, and net profit dropped 41.3% QoQ to US$3.67 million. This was due to significant declines in Nickel Pig Iron (NPI) and...
Baca Laporan
TOWR : Unlocking Hidden Revenue Streams
TOWR recorded revenue up 6% YoY to IDR3.05 trillion in 1Q24, driven by the non-rental segment which jumped 7% YoY to IDR403 billion from FTTH services, with EBITDA of IDR2.4...
Baca Laporan
MYOR : Strong Positioning in Global Market
MYOR's export share amounted to 36.12% of total sales in 3M24. MYOR's export sales amounted to Rp3.16 trillion or contributed 36.12% of MYOR's total sales in 3M24. When compared to...
Baca Laporan
