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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INDF : Agribusiness Segment Potentially Drives Revenue in FY25
INDF booked revenue growth of 4.4% YoY to IDR59.84 trillion in 6M25. This growth was driven by increased sales in almost all business segments, except for the Bogasari segment, which...
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MIDI : Operational Efficiency Potentially Drives Net Profit in FY25
MIDI booked revenue growth of 5.99% YoY to IDR10.37 trillion in 6M25. This growth was driven by an increase in sales of the fresh food segment by 30.34% YoY to...
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BBRI : Performance below Expectation, Maintain buy with lower target price
BBRI booked net profit decline of 11.5% YoY to Rp26.3 trillion in 6M25. Interest Income grew 2.6% YoY, followed by Net Interest Income, which increased 2.8% YoY to Rp73.3 trillion...
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BTPS : Potential for Sustainable Asset Quality Improvement
BTPS's net profit grew 17% YoY to IDR 644 billion in 6M25. This growth was in line with improvements in BTPS's asset quality, resulting in a 43% YoY decrease in...
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TAPG : Sustaining Strong Yields, Powering Future Growth
We expect TAPG booked revenue of IDR 10.5 trillion in FY25F (+9.0% YoY), supported by higher sales volumes of CPO (~680 thousand tons, +6.9% YoY) and PKO (~27 thousand tons,...
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MDKA : Built to Scale, Engineered for Profit
MDKA recorded FY24 revenue of US$2.24 billion, representing a 31.2% YoY increase compared to US$1.71 billion in FY23. This growth was primarily driven by the nickel segment, which contributed 82.4%...
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