Malindo Feedmill Tbk (MAIN IJ) Is Potential for Growing
MAIN posted 9M19’s revenue of IDR5.7 trillion (+17.2% YoY) dominated by increasing sales to IDR3.8 trillion (+37.4% YoY).
Astra Agro Lestari Tbk (AALI IJ) Begins to Show Improving Performance
Weak prices of CPO in 1H19 is a hiccup in matching up its 2018 performance, but its quarterly basis performance has improved.
Aneka Tambang Tbk (ANTM IJ) Maintains Positive Performance
Positive Performance Albeit Annual Declines
Indocement Tunggal Prakarsa Tbk (INTP IJ) Production Efficiency Sustains Performance
INTP recorded revenues of IDR11.3 trillion (+5.3% YoY) thanks to an increase in domestic ASP (+8.1% YoY) and lower fuel use (-8% YoY) as production efficiency accelerated.
Semen Indonesia Tbk (SMGR IJ) Exports Need to be Boosted
SMGR recorded revenues of IDR28.1 trillion (+31.1% YoY) even though sales volume was at 22.7 million tons (-3% YoY).
United Tractors Tbk (UNTR IJ) PAMA and Agincourt Are Still Positive
UNTR posted total revenues of IDR65.6 trillion (+7.3% YoY) supported by coal sales volume of 6.4 million tonnes (+10.9% YoY).
Bukit Asam Tbk (PTBA IJ) Production Costs Erode Profits
PTBA was still able to book revenues of IDR5.6 trillion (+1.7% YoY; +6.8% QoQ) supported an increase in total coal sales of 7.3 million tons (+14% YoY; +7.4% QoQ).
Vale Indonesia Tbk (INCO IJ) Returns to the Right Groove
INCO successfully posted positive performance by securing revenues of USD214 million (+4.5% YoY; +29.2% QoQ).
Adaro Energy Tbk (ADRO IJ) Surprising Performance
In 2Q19, ADRO succeeded to make a surprise with financial performance that grew beyond expectation…
