Corporate Updates
Bank Rakyat Indonesia (BBRI IJ): Soft earnings continued in Nov
Bank Rakyat Indonesia (BBRI IJ)
HOLD-OPF / TP: IDR:4,600 (+10.3%)
Analyst: Yap Swie Cu
Soft earnings continued in Nov
• Net profit has yet to return to pre-pandemic level
• Consistent expansion of NII
• Soaring costs drag on net income
• Maintain HOLD-OPF