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Corporate Updates

Sarimelati Kencana (PZZA IJ): Slow progress since pandemic

Sarimelati Kencana (PZZA IJ)
HOLD-OPF / TP: IDR:440 (+5.3%)
Analyst: Chandra Pasaribu

Slow progress since pandemic
• Early signs of a turnaround
• Revamps business approach
• Maximizes assets to create turnover
• HOLD-OPF maintained, lower TP of IDR440 (US$0.03)
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