Riset Perusahaan

Company Report

7 April 2026

XA Update Report | PT Tower Bersama Infrastruct...

Pada periodeFY25, TBIG membukukan pendapatan sebesar IDR 6.91 triliun, meningkat tipis ...

Company Report

1 April 2026

XA Research Short Notes | PT Fore Kopi Indonesi...

FORE reported a strong FY25 performance with net profit rising to IDR 90.1 billion (+55...

17 Maret 2026

XA Update Report | PT Bank Central Asia Tbk. (BBCA) – Pertumbuhan Defensif di Tengah Kondisi Menantang – Valuasi Atraktif yang Memberikan Peluang

BBCA menutup FY25 dengan membukukan laba bersih sebesar IDR 57.5T (+4.9% YoY) di FY25.

11 Maret 2026

XA Update Report | PT Industri Jamu Dan Farmasi Sido Muncul Tbk. (SIDO) – Energy Still Flowing, But Catalyst Yet to Stir

SIDO recorded FY25 revenue growth of +4% YoY to IDR 4.08 tn (99% of our estimates), primarily supported by the F&B segment, which grew +12% YoY to IDR 1.46 tn.

6 Maret 2026

XA Update Report | PT Japfa Comfeed Indonesia Tbk. (JPFA) – Strutting Record Earnings from Rising Poultry Prices

JPFA delivered a solid revenue performance in FY25, reaching IDR 60.7 tn (+9% YoY), representing 103% of our FY25F estimates.

6 Maret 2026

XA Update | PT Blue Bird Tbk (BIRD)

BIRD 9M25 Performance Maintains Smooth Traffic. 9M25 Revenue drives up 12.44% YoY to IDR 4.12tn (9M24: IDR 3.66tn)

5 Maret 2026

XA Update Report | Indo Tambangraya Megah Tbk. (ITMG) – Looming Production Cuts Offset By Price Optimism

ITMG reported a steep yet expected decline in FY25 net income to IDR 3.2 trillion (-49% YoY) as topline suffers (-18% YoY) due to ASP falling to USD 76/ton (-20% YoY). FY25 sales volume increased to 24.7 Mt (+3% YoY), despite missing initial guidance figures caused by soft demand from China.