Perusahaan Gas Negara (PGAS IJ): Strong start to the year

Perusahaan Gas Negara (PGAS IJ)
BUY / TP: IDR:1,410 (+14.2%)
Analyst: Chandra Pasaribu

Strong start to the year
• Above our expectation
• Operational numbers show a mixed result
• Balance sheet in a healthy position
• Continue to see value – Re-iterate BUY