Corporate Updates

Bank Tabungan Negara (BBTN IJ): Soft May earnings

Bank Tabungan Negara (BBTN IJ)
BUY / TP: IDR:2,500 (+67.8%)
Analyst: Yap Swie Cu

Soft May earnings
• Slow month
• Eased upper-line earnings
• Credit costs surge
• Undemanding valuation, resilient business outlook and fundamentals support BUY call

Corporate Updates

Bank Tabungan Negara (BBTN IJ): Soft May earnings

Related Article

Bank Mandiri (BMRI IJ): Strong earnings persist in May

Bank Negara Indonesia (BBNI IJ): Results for 5M22 still within expectation

Erajaya Swasembada (ERAA IJ): Outlines busy expansion plans

Kino Indonesia (KINO IJ): Expectations for FY2022 trimmed

Summarecon Agung (SMRA IJ): Negative catalyst lingers

Indofood CBP (ICBP IJ): Preserves solid performance