Indonesia’s tower companies – TOWR IJ, MTEL IJ and TBIG IJ...

TELECOMS Indonesia Tower Erwin Wijaya

Overall sales showed a better growth trajectory...

CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya

Amid persistent weak consumption, we view...

CHEMICALS Avia Avian AVIA AVIA JK AVIA IJ Gerald Hugo Felix Justin Jupriadi Tan

TLKM released its 9M25 results, with headline...

TELECOMS Telekomunikasi Indonesia Persero TLKM TLKM JK TLKM IJ Erwin Wijaya

AUTO delivered its strongest quarter to date, recording a record...

AUTOS AND AUTO PARTS Astra Otoparts AUTO AUTO JK AUTO IJ Jupriadi Tan David Tjahjadi Gerald Hugo

In our recent note (Indonesian Banking Sector - Earnings risks likely priced-in...

BANKS Indonesia Banks Erwin Wijaya

BRIS has continued to deliver strong performance, with...

BANKS Bank Syariah Indonesia BRIS BRIS JK BRIS IJ Erwin Wijaya

Although BBRI’s headline consolidated profit for 9M25 was...

BANKS Bank Rakyat Indonesia BBRI BBRI JK BBRI IJ Erwin Wijaya

SAT’s 9M25 results came in line with our projections, with...

TELECOMS Indosat ISAT ISAT JK ISAT IJ Erwin Wijaya

BTPS released its 9M25 results, which were largely in-line with...

BANKS Bank BTPN Syariah BTPS BTPS JK BTPS IJ Erwin Wijaya

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...

BANKS Bank Mandiri BMRI BMRI JK BMRI IJ Erwin Wijaya

BBNI released its consolidated 9M25 results that were...

BANKS Bank Negara Indonesia BBNI BBNI JK BBNI IJ Erwin Wijaya