Yuanta Indonesia Morning Journal - 01 Aug 2023

INDUSTRY
• Government to relax EV subsidy regulation

CORPORATE
• ENRG to acquire two new working blocks
• SMDR to distribute interim dividend
• ACES’s earnings met expectations
• KLBF’s net profit decline by -6.6% YoY in 1H23
• ICBP 1H23 earnings soars by +196.6%
• MPMX to boost used cars sales
• BSDE's 1H23 net profit jumps 159% YoY
• BIRD sales rose by 35.1% YoY in 1H23
• KINO achieve net profit of IDR31.7bn in 1H23