Yuanta Indonesia Morning Journal - 12 Aug 2025

INDUSTRY
• 4W sales declined by 10% YoY in 7M25
• IDX Cyclical Sector Rebounds in August on Strong Consumer Sentiment
• Property sector waits for lower interest rate


CORPORATE
• TLKM to slim line corporate structure
• Post-additional fee, Tokopedia & TikTok expand free shipping program
• MBMA’s top line declined by 32% YoY in 1H25
• GOOD Posts Solid 1H25 Revenue Growth
• HERO Boosts Revenue Post-Supermarket Exit Despite Profit Drop