Company Report | [BBNI] Asset Quality & Credit Growth Boost Performance

As of 9M 2023, BBNI posted an increase in net profit to IDR 15.753T (9M22: IDR 13.692T; +15.1% YoY and +7.3% QoQ). The increase in Net Profit in this period was supported by a +3.1% increase in Net Interest Income (NII) to IDR 31.136T YoY (QoQ +3.3%), then PPOP by 1.6% to IDR 26.242T YoY (QoQ +3.4%).

Company Report | [BBRI] Improved Results Due to Recovered Performance

In 9M23, BBRI posted a Net Profit of IDR 43.993T, an increase of 12.4% YoY (1H22: IDR 39.156T and QoQ +4.7% 2Q23: IDR 13.920T). The increase in Net Profit was supported by an increase in Net Interest Income (NII) of +4.9% YoY (9M22: IDR 96.507T) and +8.8% QoQ (1Q23: IDR 35.656T) to IDR 101.197T.

Company Report | [HRTA] “Shining, Shimmering & Splendid”

HRTA is one of Indonesian company that engaged in the gold jewelry industry, which has an integrated ecosystem ranging from factories to gold retail (Shop Unit and Gold Pawn Shop). Apart
from being the first IPO jewelry company in Indonesia, HRTA has scored attractive performance growth after the COVID-19 pandemic.

Company Report | It’s Time to Grow with Kupedes

BBRI posted 1H23 Net Profit of IDR 29.422T, an increase of 18.7% YoY (1H22: IDR 24.786T and QoQ – 10.2% 1Q23: IDR 15.502T). The growth in Net Profit was supported by an increase in Net Interest Income (NII) of +1.4% YoY (1H22: IDR 64,614T) and relatively flat -0.1% QoQ (1Q23: IDR 32,779T) to IDR 65,540T.

Company Report | Recurring Income Still Becomes The Support

As of the first semester in 2023, PWON recorded a profit of IDR 1.1 trillion (+45.8% YoY). The increase in profit was in line with revenue, which increased by 5% YoY. Contributions from recurring income still dominated at 76% of total revenue during 1H23.

Company Report | New Spirit Coming from the Fiber Optic Segment

In the first semester of 2023, TOWR posted an increase in revenue of 8.65% YoY and 1.64% QoQ to IDR 5.776T (1H22: IDR 5.316T & 1Q23: IDR 2.864T). In this period, EBITDA also increased by +7.51% YoY and +1.49% QoQ to IDR 4.914T (1H22: IDR 4.571T & 1Q23: IDR 2.439T).