Corporate Updates

Mitra Adiperkasa (MAPI IJ): No signs of dwindling

Mitra Adiperkasa (MAPI IJ)
BUY / TP: IDR:2,300 (+17.6%)
Analyst: Laras Nadira

No signs of dwindling
• Keeping initial target
• Domestic business able to offset narrowed overseas margin
• Diverse brands can stretch to value segment
• Upgrade to BUY with new TP of IDR2,300 (US$0.15)

Corporate Updates

Mitra Adiperkasa (MAPI IJ): No signs of dwindling

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