Corporate Updates
Summarecon Agung (SMRA IJ): 2020 marketing sales beat target as expected
Summarecon Agung (SMRA IJ)
Not rated
Analyst: Yap Swie Cu
2020 marketing sales beat target as expected
• 2020 marketing sales exceeded target, but not unexpected
• 4Q20 sales the highest in our 3-year record
• Products suit market condition
• Expecting IDR3.5tn marketing sales in 2021
• Valuation