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Fitch Cuts Alam Sutera Rating

By administrator | August 8, 2020 | Property Real Estate

Fitch Cuts Alam Sutera Rating. Global rating company, Fitch Ratings has lowered Alam Sutera Tbk (ASRI IJ) rating to CCC- from B- previously. At the same time. Fitch also downgrad the bonds issue by its two subsidiaries, Alam Synergy Pte Ltd. Which are guarante by a company with the same.

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CPO and Kernels Drive Andira Agro’s Profits

By administrator | August 7, 2020 | Agriculture

The performance of PT Andira Agro Tbk (ANDI) is still positive in the first six months of this year. It was recorded that during January-June 2020, net sales rose 4.79% year-on-year (yoy) to Rp 142.51 billion from Rp 135.99.

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Pakuwon Jati as Stock Pick

By administrator | August 6, 2020 | Property Real Estate

Pakuwon Jati as Stock Pick. The majority of property issuers that have issued performance reports in the first half of 2020 are experiencing pressure on the income and net profit sides. PT Ciputra Development Tbk (CTRA) ‘s revenue fell 10.84% ​​on an annual basis (yoy) to Rp 2.8 trillion and net profit fell 42.82% yoy.

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JPFA Day Old Chick Prospects

By administrator | August 5, 2020 | Basic Industry

JPFA Day Old Chick Prospects. A number of market players have lowered the share recommendation from Japfa Comfeed Indonesia Tbk (JPFA IJ) to hold with a target price of IDR 970 per share. This recommendation is adjusted to the reduction in the poultry issuer’s income forecast by 40.6% in 2020 and 18.2% in.

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Buyung Poetra Profit Decreased 57.5%

By administrator | August 5, 2020 | Consumer Goods

Buyung Poetra Profit Decreased 57.5%. Issuer consumer rice product Buyung Poetra Sembada Tbk (HOKI IJ) was unable to show good performance. During the pandemic period earlier this year. Even though the products it sells are primary needs. Base on the financial reports as of June 30, 2020 on the IDX information disclosure page. HOKI record.

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ACES Same Store Sales Target

By administrator | August 5, 2020 | Trade Services

ACES Same Store Sales Target. The first six months of 2020 were tough years for retail issuers such as PT Ace Hardware Indonesia Tbk (ACES). Ace Hardware sales fell 7.71% year on year (yoy) to Rp 3.59 trillion. ACES pocketed sales of up to Rp 3.89 trillion in the first half of 2019. This decline.

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Bank BJB Syariah Profit Growth

By administrator | August 5, 2020 | Finance

Bank BJB Syariah Profit Growth. A bank that was found in 2010, is a separation from the parent company. Namely Bank BJB Tbk (BJBR). After several years as a sharia business unit in 2010. PT Bank Jabar Banten Syariah or Bank BJB Syariah during the first semester of 2020. Post a profit of IDR 16.391.

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Tower Bersama Tenancy Ratio Increase

By administrator | August 1, 2020 | Infrastructure Transportation

Tower Bersama Tenancy Ratio Increase. Issuer of telecommunication tower. PT Tower Bersama Infrastructure Tbk. (TBIG) scored a good performance in semester I / 2020. Based on the financial reports per June 2020. Tower Bersama Infrastructure posted a net profit of IDR510.48 billion as of June 2020. Growing 33.58 percent year on year (yoy) compared to.

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Nippon Indosari Business Expansion

By administrator | August 1, 2020 | Consumer Goods

Nippon Indosari Business Expansion. In the midst of the corona pandemic (Covid-19). Nippon Indosari Corpindo Tbk (ROTI IJ) continues to expand its business this year. During 1H20, ROTI’s management used a capital expenditure (capex) of IDR 182 billion. This amount is equivalent to 45.5% of the planned capex for.

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Puradelta Lestari Profit Decreases 90%

By administrator | August 1, 2020 | Property Real Estate

Puradelta Lestari Profit Decreases 90%. Issuer industrial estate developer Puradelta Lestari Tbk (DMAS IJ) record a decrease in net profit of 87.38 percent to IDR78.94 billion during the first semester of 2020. Puradelta’s profit plum along with a sharp drop in the income account. Base on the publication of the company’s financial statements, Friday.

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