Our on-the-ground surveys reveal that the free nutritious meal program...
FOOD AND BEVERAGE Ultrajaya Milk Industry And Trading ULTJ ULTJ JK ULTJ IJ Sandy Ham Samuel Christian Jody Wijaya
ALII is engaged in the coal transportation business and...
COAL Ancara Logistics Indonesia ALII ALII JK ALII IJ Michael Wildon
We have tracked the progress of KLBF consumer health’s brand...
GENERAL CONSUMER Kalbe Farma KLBF KLBF JK KLBF IJ Sandy Ham Samuel Christian Jody Wijaya
BMRI posted consolidated 3Q25 results with a...
BBNI released its consolidated 9M25 results that were...
BANKS Bank Negara Indonesia BBNI BBNI JK BBNI IJ Erwin Wijaya
AKRA reported stable 3Q25 results with NPAT of...
POWER AND UTILITIES AKR Corporindo AKRA AKRA JK AKRA IJ Jupriadi Tan David Tjahjadi Gerald Hugo
Major developers (Ciputra Development [CTRA IJ, Buy]...
PROPERTY Indonesia Property Gerald Hugo Felix Justin Jupriadi Tan
ASSA booked another record quarter, with 3Q25...
TRANSPORT LOGISTICS Adi Sarana Armada ASSA ASSA JK ASSA IJ Jupriadi Tan David Tjahjadi Gerald Hugo
We project BIRD’s revenue to record a CAGR of...
TRANSPORT LOGISTICS Blue Bird BIRD BIRD JK BIRD IJ Jupriadi Tan David Tjahjadi Gerald Hugo
Telkom on 21 Oct 2025 announced the signing of a conditional spin-off agreement..
BBCA released its 9M25 results, with headline ...
We upgrade our NPAT forecast by 21%/22%/13% for FY25F/26F27F on...
FOOD AND BEVERAGE Mulia Boga Raya KEJU KEJU JK KEJU IJ Sandy Ham Samuel Christian Jody Wijaya
YTD, our covered major Indonesia banks (BBCA / BMRI / BBRI / BBNI – all rated...
In the months since his appointment, Minister Purbaya has...
EQUITY STRATEGY Indonesia Equity Strategy Jupriadi Tan Gerald Hugo David Tjahjadi Felix Justin
We are positive on the Indonesia property sector, underpinned by a...
PROPERTY Indonesia Property Gerald Hugo Felix Justin Jupriadi Tan
