Corporate Updates

Erajaya Swasembada (ERAA IJ): Improved operation

Erajaya Swasembada (ERAA IJ)
Analyst: Chandra Pasaribu
BUY / TP: IDR:1,990 (+35.4%)
Improved operation
• Reduced inventory in 2Q19
• Fueled with smartphone sales
• Juul, officially launched
• Upgrade to Buy

Corporate Updates

Erajaya Swasembada (ERAA IJ): Improved operation

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