
TUGU: Top General Insurance Player, Strong Fundamentals & High Dividend
TUGU stands out as a leading general insurance player with an integrated ecosystem. Although the company is backed by Pertamina as its controlling shareholder (58.5%), contributions from the parent account...
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SIDO: Expansion into Global Market with a Strong Brand
SIDO experienced a decrease in revenue by 3.57% YoY to IDR1.83 trillion in 6M25, along with lower sales in all of SIDO's business segments in 6M25. Going forward, we expect...
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STAA: Young Estates, Strong Yields, Refinery-Driven Upside
STAA is a fully integrated palm oil company with 49k hectares of planted land across North & South Sumatra and Kalimantan. The plantation profile is relatively young, with an average...
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TAPG: Strong Fundamentals, Promising Returns Ahead
TAPG posted solid top-line growth in 2Q25, driven by strong performance in the CPO, PK, and PKO segments. Revenue reached IDR 2.89 trillion (+10.2% QoQ; +33.4% YoY), mainly from CPO...
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EXCL: New Chapter, New Potential
EXCL recorded a net loss of IDR 1.6 trillion in 2Q25, driven by higher operating expenses and integration costs. On the revenue side, EXCL posted IDR 10.5 trillion (+22.0% QoQ;...
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KLBF : Innovation and Collaboration to Drive Long-term Growth
KLBF booked revenue growth of 4.6% YoY to IDR17.08 trillion in 6M25. This growth was driven by higher sales in almost all of KLBF's business segments, except for the nutritional...
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ASII: Resilient Growth Through Diversified Business Portfolio
ASII's revenue in 2Q25 increased by 0.9% YoY compared to 2Q24, primarily driven by growth in the Agribusiness segment, which rose by 34.6% YoY. During the 1H25 period, ASII's revenue...
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ICBP : Innovation and Efficiency to Drive Performance in FY25
ICBP booked revenue growth of 1.73% YoY to IDR37.6 trillion in 6M25. This growth was driven by an increase in sales in the food seasoning segment of 6.5% YoY, the...
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ADMF: Sustains Dominance in Indonesia’s Multifinance
EBIT grew by 5.73% QoQ, while Net Income increased by 15.79% QoQ in 2Q25. ADMF recorded an improvement in operational performance with EBIT rising to IDR 855 billion in 2Q25...
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