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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
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