Perusahaan Gas Negara (PGAS IJ): Gas price increase in sight

Perusahaan Gas Negara (PGAS IJ)
BUY / TP: IDR:2,630 (+38.8%)
Analyst: Chandra Pasaribu

Gas price increase in sight
• Gas distribution returns to normal pace
• Expecting gas price increase
• Impact is neutral to slightly positive
• Re-iterate BUY, utility in USD in revenue and cost