Company Report | India Demand Drives Exports
ADRO’s export share increased to 77% 1H22 (Vs. 72% 1H21), as coal sales to India grew significantly. ADRO’s export performance was also supported by sales to Taiwan, the Philippines and Hong Kong in 2Q22.
Company Report | Export Portion Drives Net Profit Double Digit Target
PTBA’s 2Q22 export portion increased to 38% (Vs. 33% 1Q22), becoming a positive catalyst for the Company which is targeting Net Profit to penetrate IDR10Trn FY22 (Vs. 1H22 IDR6.2Trn).
Company Report | Program Infrastruktur Strategis Dorong Kontrak Baru
Up to 7M22, WIKA recorded a 22.6% YoY new contract growth to IDR14.7 Tn. Infra and Building segment has the largest contribution, up to 58.4%; followed by Industry, Energy & Industry Plant, and Realty & Property, each with 22.7%; 15.2% and 3.3%.
Company Report | BI 7DRRR Increase Impact is Relatively Short-Term
The increase in BI 7DRRR means adjustments to Loan Interest Expenses and Mortgage Rates for Property Sector consumers. However, CTRA’s ability to maintain Topline and Bottomline growth has made NHKSI Research maintain the Buy recommendation.
Company Report | Renewable Energy and EV to Support FY22 Performance
INCO recorded revenue of USD564.5 million (+36.0% YoY) in 1H22, with an Average Realized Price of nickel in matte of USD20,899/ton in 1H22 (+54.6% YoY).
Company Report | Revises Sales Target Up to Support FY22 Performance
UNTR heavy equipment sales in 1H22 grew 111% YoY to 2,873 units, mainly dominated by the mining and construction sectors, which accounted for 61% and 18%, respectively.
Company Report | NeutraDC-Singtel Develops Data Center
TLKM posted positive performance during 1H22. EBITDA and Net Profit grew 4.5% and 6.9% YoY to IDR39.4 trillion and IDR13.3 trillion, respectively, supported by revenue which grew 3.6% YoY to IDR72.0 trillion.
Company Report | Commodities will Still Support FY22 Performance
During the 1H22 period, ASII posted a revenue increase of 34% YoY to IDR143.7 trillion; supported by main business lines such as Automotive, Heavy Equipment & Mining, and Agribusiness.
Company Report | Valuasi Atraktif Dengan CoF Rendah di 2Q22
BBNI recorded a net profit growth of up to 75.1% YoY to IDR8.8 trillion in 1H22, and PPOP increased 6.8% YoY to IDR17.2 trillion (+2.3% QoQ).
