Corporate Updates

Sarana Menara Nusantara (TOWR IJ): Financing cost pressured profitability

Sarana Menara Nusantara (TOWR IJ)
BUY / TP: IDR:1,430 (+15.3%)
Analyst: Chandra Pasaribu

Financing cost pressured profitability
• Flat bottom line, as expected
• Operational matrix remains solid
• Interest cost has eaten up profitability
• Re-iterate BUY recommendation

Corporate Updates

Sarana Menara Nusantara (TOWR IJ): Financing cost pressured profitability

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