Indonesia Retailers - Discretionary retail 3Q24F preview
JW SH SCAspirasi Hidup Indonesia (ACES IJ, Neutral) — We estimate a robust 11%/13% y-y increase in both sales/net prof
Aspirasi Hidup Indonesia (ACES IJ, Neutral) — We estimate a robust 11%/13% y-y increase in both sales/net prof
Our analysis of FMCG and retail sales data of companies we track across Indonesia suggests that Sulawesi,
JA~DI, an Indonesian acronym for "Jajan di Alfamidi" (meaning “Snacking at Alfamidi”), is a pilot
Retail MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian
2Q24 result miss due to lower GPM; but it should be bottom GPM for the year
Retail MAPA JK MAPA IJ Jody Wijaya Sandy Ham Samuel Christian
2Q24 review: ERAA upbeat and ACES downbeat were the only surprises Overall results were largely in line