JSMR – Divestment to Strengthen Capital Structure
JSMR recorded revenue growth of 1.2%, supported by toll road revenue that grew 33.9% throughout the first semester of
JSMR recorded revenue growth of 1.2%, supported by toll road revenue that grew 33.9% throughout the first semester of
TBIG's performance in Q1-2021 was solid, as Top and Bottom Line grew double digits at 12.7% YoY and 16.4% YoY
TLKM posted -0.7% YoY top-line decline in 1Q21, as revenues from non data segment softened. However, revenue from
In 1Q21, TOWR recorded revenue growth (+7.5% YoY) and net profit (52.1% YoY) on the back of tower rental income from
Realisation of ISAT’s efficiency increase can be seen at the beginning of Q1-2021. Lower employee expenses, followed by
PGAS booked a net profit growth of 28.9% yoy. Tight efficiency in the expense segment was the main growth driver
Both top and bottom line are in line with our estimates; TOWR recorded double digit performance in 2020. Revenue (+15.4%
TLKM booked a positive performance in 2020, where net profit grew by double digits at 11.5%. It was supported by revenue
EXCL’s revenue decreased by 3.8% yoy in 1Q21, mainly caused by some segments that fell rather significantly. Net income