Indonesia Retail - Mini-market retailers’ SSSG remains strong
JW SH SCBased on our conversations with investors, many are concerned about the overall Indonesia consumer demand outl
Based on our conversations with investors, many are concerned about the overall Indonesia consumer demand outl
We anticipate limited upside surprises in the retailers’ 4Q24F results,
Aspirasi Hidup Indonesia (ACES IJ, Neutral) — We estimate a robust 11%/13% y-y increase in both sales/net prof
2Q24 review: ERAA upbeat and ACES downbeat were the only surprises Overall results were largely in line