Corporate Updates
Cikarang Listrindo (POWR IJ): Sound results
Cikarang Listrindo (POWR IJ)
BUY / TP: IDR:1,050 (+12.9%)
Analyst: Chandra Pasaribu
Sound results
• Slightly below expectation
• Operating matrix remains robust
• Seeing more demand from data centers
• Re-iterate BUY