Primer: Arwana Citramulia (ARNA IJ) - May 2026
Market Leader Facing Margin Pressure: Arwana Citramulia is a dominant player in the Indonesian ceramic tile market, particularly in the...
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CrossASEAN Indonesia Strategy - Parting Clouds
The Indonesian stock market was down 2% over the last year despite a flurry of inflows in the summer but this year looks interesting with a new...
771 Views
Arwana Citramulia (ARNA IJ) - Rectifying and Enlarging
A call with Arwana Citramulia cleared up some lingering concerns from 2024, which was a year of reconfiguration of capacity to help differentiate...
440 Views
Arwana Citramulia (ARNA IJ) - Top Notch Industrial with a Catalyst
Arwana continues to expand its capacity into higher-margin porcelain tiles, which will help to drive future growth and profitability. Valuations...
556 Views
CrossASEAN Strategy - Indonesia's Delicate Balance
The Indonesian market has seen a sharp sell-off with a confluence of concerns centred around the execution and implementation of government policy...
571 Views