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Corporate Updates

Jasa Marga (JSMR IJ): Looking beyond the pandemic

Jasa Marga (JSMR IJ)
BUY / TP: IDR:5,000 (+21.7%)
Analyst: Chandra Pasaribu

Looking beyond the pandemic
• Minimal impact from interest relaxation
• Divestment plans to improve cash flow
• Weekly toll road revenue approaching normal
• Re-iterate our BUY rating on the counter
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