Corporate Updates

Sarana Menara Nusantara (TOWR IJ): Affected by higher interest rates

Sarana Menara Nusantara (TOWR IJ)
BUY / TP: IDR:1,210 (+29.4%)
Analyst: Chandra Pasaribu

Affected by higher interest rates
• Falls short of expectation from higher interest cost
• Promising growth from fiber investment
• Sound management in financial liabilities
• Maintain BUY

Corporate Updates

Sarana Menara Nusantara (TOWR IJ): Affected by higher interest rates

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