Corporate Updates

Bank Negara Indonesia (BBNI IJ): Lower margin continues dragging Apr earnings

Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:10,200 (+14.0%)
Analyst: Yap Swie Cu

Lower margin continues dragging Apr earnings
• Sluggish top-line income continued
• Low credit cost supported bottom-line profit
• Improving fundamentals and undemanding valuation support BUY call

Corporate Updates

Bank Negara Indonesia (BBNI IJ): Lower margin continues dragging Apr earnings

Related Article

Sarana Menara Nusantara (TOWR IJ): Inflection seen in rental rates

Indofood CBP (ICBP IJ): Eyes vibrant earnings in FY2024

Telkom Indonesia (TLKM IJ): New business venture yet to grow

Bank Jago (ARTO IJ): Offers conservative 2024 outlook

Bumi Serpong Damai (BSDE IJ): Expects margin recovery in 2024

Perusahaan Gas Negara (PGAS IJ): Feels cost pressure