Uncertainties Weigh on Profitability   Key Takeaways: ADRO’s 1Q25 core profit fell -31.2% YoY to USD76....

Earnings Dip on Delayed Launches, Diversification in Progress Key Takeaways: ▪ ERAA booked net revenue of IDR15.9 tn in 1Q25 (-4....

Repositioning Indonesia’s Telco for Long-Term Growth Key Takeaways: In 1Q25, EXCL and ISAT outperformed TLKM, driven by network integration and marketing synergies, although data growth and ARPU slowed down.  With mobile penetration exceeding 110%, subscriber growth has stagnated, and ARPU remains low at IDR35k–45k/month....

ACES in Transition: Rebranding Kicks Off Amid Soft Earnings StartKey Takeaways: ACES 1Q25 net profit contracted -30.9% YoY to IDR141....

Resilient and Ready: TLKM’s Strategy Amid Economic Shifts Key Takeaways:  TLKM’s 1Q25 performance was under pressure, with net profit and EBIT declining by 4.0% and 4....

Anticipating a Rebound in Sales Volume Trajectory   Key Takeaways: DSNG’s net profit rose by 62.9% YoY to IDR368....

Near-Term Pressure, Medium-Term Promise   Key Takeaways: Revenue slightly declined by -0.8% YoY to IDR1....

Resilient Earnings Amid Mixed Volume Trends in 1Q25Key Takeaways :* ICBP recorded a +1.3% YoY/+18....

MIKA Builds on Margins, Private Patient GrowthKey Takeaways:▪ MIKA posted revenue of IDR1.3 trillion in 1Q25, slightly increased by 2....