Erajaya Swasembada (ERAA IJ) (Buy) - Eyeing the next catalyst
JW SH SCErajaya (ERAA) delivered its best-ever quarterly sales and net profit in 2Q25...
RETAIL Erajaya Swasembada ERAA ERAA JK ERAA IJ Jody Wijaya Sandy Ham Samuel Christian
Erajaya (ERAA) delivered its best-ever quarterly sales and net profit in 2Q25...
RETAIL Erajaya Swasembada ERAA ERAA JK ERAA IJ Jody Wijaya Sandy Ham Samuel Christian
MAPA recorded its slowest 1H y-y sales growth on record, with 1H25...
RETAIL Map Aktif Adiperkasa MAPA MAPA JK MAPA IJ Jody Wijaya Sandy Ham Samuel Christian
Following the Lawson (unlisted) divestment in mid-May 2025, MIDI no longer...
RETAIL Midi Utama Indonesia MIDI MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian
As the quarterly results season approaches, we see...
ERAA’s performance has been underwhelming over the past three years...
RETAIL ERAA ERAA JK ERAA IJ Jody Wijaya Sandy Ham Samuel Christian
Despite the timing difference of Lebaran...
RETAIL MAPA MAPA JK MAPA IJ Jody Wijaya Sandy Ham Samuel Christian
The group reported weak same-store sales growth...
RETAIL MAPI MAPI JK MAPI IJ Jody Wijaya Sandy Ham Samuel Christian
Alfamidi delivered a solid performance in 1Q25...
RETAIL MIDI MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian
Indonesian retailers still managed to record average top-line growth
MIDI’s top line expanded by 15% y-y, driven by strong performance ex-Java (+23% y-y).
RETAIL MIDI MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian
For decades, East Asian popular culture, including K-pop, K-dramas, and anime, has thrived domestically.
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,
After closing 105 Lawson store-in-store (SIS) locations in 9M24,
Retail MIDI MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian
While Mitra Adiperkasa’s (MAPI) 3Q24 y-y sales growth remained strong at +17%,
Retail MAPI MAPI JK MAPI IJ Jody Wijaya Sandy Ham Samuel Christian