Cikarang Listrindo (POWR IJ): Still affected by gas disruption

Cikarang Listrindo (POWR IJ)
BUY / TP: IDR:850 (+13.5%)
Analyst: Chandra Pasaribu

Still affected by gas disruption
• Gas disruption spurs below-expected result
• Fuel cost increase to maintain service excellence
• Seeking alternative gas sources
• Slight upgrade to IDR850 – Re-iterate BUY