Corporate Updates

Tower Bersama (TBIG IJ): Result was on the weaker side

Tower Bersama (TBIG IJ)
HOLD-UPF / TP: IDR:1,460 (-2.7%)
Analyst: Chandra Pasaribu

Result was on the weaker side
• Slightly below expectation in non-operating portion
• Continues to rely on organic growth
• Higher cash flow improves gearing
• Re-iterate HOLD-UPF, new TP IDR1,460

Corporate Updates

Tower Bersama (TBIG IJ): Result was on the weaker side

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