Investors are concerned about rupiah depreciation and potential outflow from Indonesia’s bonds. Picks: TOWR, LPPF, GGRM, TBLA and ASII.
At A Glance
AKR Corporindo: Earnings jump 18.88% yoy, backed by profit from discontinued operations.
Alam Sutera Realty: Net profit rockets 171.23% yoy while revenue rises 44.24% yoy.
Indofood CBP Sukses Makmur: Posts net income growth of 5.45% yoy.
Indofood Sukses Makmur: Earnings flat at Rp4.17t, up 0.58% yoy.
Megapolitan Developments: Net profit soars 60.70% yoy, supported by lower COGS.
Tiphone Mobile Indonesia: Planning to issue Rp2t bonds for refinancing.
Wijaya Karya Beton: To raise Rp200b through MTN issuance.
UOB Kay Hian Sekuritas | UOB Plaza, Thamrin Nine 36th Floor | Jl. MH Thamrin Kav 8 – 10 | Jakarta 10230
Tel: (6221) 2993 3888 | Fax: (6221) 2300326