Company Report | [AVIA] Still in Color Despite Sluggish 2Q24 Performance
In the first semester of 2024, AVIA posted a flat profit compared to the same period last year, at IDR 808.1B in 1H24 (1H23: IDR 807.6B).
Company Report | [MTEL] Stable Growth & Solid Operating Performance
As of 1H24, MTEL still scored consistent and stable growth performance where Net Profit grew +4.11% YoY to IDR 1.06T (1H23: IDR 1.02T & QoQ: +4.23% 1Q24: IDR 521B). MTEL’s revenue is still growing steadily, increasing by +7.75% YoY to IDR 4.45T as of 1H24 (1H23: IDR 4.13T & QoQ: +1.73% 1Q24: IDR 2.21T).
Company Report | [BMRI] Successfully Unfurling the Sail Amidst the Storm
As of 1H24, BMRI posted a net profit of +5.23% YoY and +9.03% QoQ to IDR 26.55T (1H23: IDR 25.23T & 1Q24: IDR 12.70T). Net Interest Income (NII) still increased by +3.75% YoY and +5.11% to IDR 49.08T (1H23: IDR 47.31T & 1Q24: IDR 24.19T). BMRI’s Non Interest Income in 1H24 grew +5.74% YoY and +2.56% QoQ to IDR 19.41T (1H23: IDR 18.36T & 1Q24: IDR 9.58T).
Company Report | [BBCA] Remain Robust & Solid Amidst the Ongoing Storms
BBCA continued its solid performance in the first semester of 2024 despite liquidity challenges in the era of high interest rates by posting Net Profit of IDR 26.9T as of 1H24 (+11.1% YoY 1H23: IDR 24.2T & +8.7% QoQ; 1Q24: IDR 12.9T).
Company Report | [BBRI] Switching Focus for a Moment: Improving Asset Quality
As of 1H24, BBRI posted a net profit of IDR 29.90T, which experienced a significant slowdown on a quarterly basis and posted a profit of IDR 13.91T in 2Q24 (+1.1% YoY 1H23: IDR 29.56T & -12.9% QoQ 1Q24: IDR 15.98T).
Company Report | [TOWR] Shining & Growing Amidst the Storm
Kicking off the beginning of 2024, TOWR posted a +6.3% YoY and +0.9%QoQ increase in revenue to IDR 3,047T as of 1Q24 (1Q23: IDR 2,865T & 4Q23: IDR 3,021T). Meanwhile, EBITDA rose +4.4% YoY and fell -0.7% QoQ to IDR 2,545T (1Q23: IDR 2,439T & 4Q23: IDR 2,563T).
Company Report | [AVIA] “Paint Your World, Paint Your Portfolio”
VIA is one of Indonesia’s leading integrated manufacturing companies in the building materials industry, particularly paints and coatings. With its “Avitex” wall paint, “Avian” wood & iron paint and “No Drop” waterproofing, AVIA is Indonesia’s number one market share leader in the paint and coatings industry.
Company Report | [MTEL] Creating a Solid & Stable Ground
MTEL started the year by posting consistent and steady growth, with Net Profit growing +4% YoY to IDR 521B (1Q23: IDR 501B).
Company Report | [BBCA] Begins 2024 with a Sturdy and Solid Foundation
BBCA began the year with a solid start as it posted a Net Profit of IDR 12.9 T in 1Q24 (+11.7% YoY 1Q23: IDR 11.5 T & +5.4% QoQ; 4Q23: IDR 12.2 T). This impressive start of the year.
