Corporate Updates
Tower Bersama Infrastructure (TBIG IJ): Business model steady despite Covid-19
Tower Bersama Infrastructure (TBIG IJ)
BUY / TP: IDR:1,135 (25.4%)
Analyst: Chandra Pasaribu
FY2019 result in line with estimates
• Supported by organic growth
• Operation matrix remains solid
• Balance sheet remains in check
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