Corporate Updates
Cikarang Listrindo (POWR IJ): Energetic performance
Cikarang Listrindo (POWR IJ)
BUY / TP: IDR:1,000 (+47.1%)
Analyst: Chandra Pasaribu
Energetic performance
• Slightly below expectation
• Good growth from industrial estate business
• Potential demand from new infra development
• Re-iterate BUY recommendation