External broker reports(aggregated public sources), BRI Danareksa Research

BRI Danareksa Research

External broker reports(aggregated public sources)

As a one-stop financial solution with the vision to be the most valuable securities house, BRI Danareksa Sekuritas (BRIDS) has maintained an excellent track record and extensive experience in the capital market as an underwriter, broker, and financial advisor for individual, institutional, foreign and domestic, private and government clients. Established in 1992, PT Danareksa Sekuritas is a securities company that performs activities as a securities broker, underwriter, or arranger and financial advisor.

Equity Bottom-Up

<ul><li>AVIA reported solid 1Q23 earnings supported by buoyant revenues &amp; higher gross margins thanks to lower input costs</li><li>The company’s Avitex Gold product has gained a positive response due to its good quality and double function for interior and exterior usage</li><li>Combined with other new products, AVIA is optimistic of recording continued solid growth going forward</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

AVIA reported solid 1Q23 earnings supported by buoyant revenues &amp; higher gross margins thanks to lower input costsThe company’s Avitex Gold product has gained a positive response due to its good quality and double function for interior and exterior usageCombined with other new products, AVIA is optimistic of recording continued solid growth going forwardContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indonesia

PT Avia Avian operates as an integrated paint company. The Company offers cement additive, spray paint, wood and metal coating, water proofing, wall paints, thinner, and other paint products. Avia Avian serves customers in Indonesia.

PT Avia Avian (AVIA IJ)

Avia Avian Tbk (AVIA IJ) - Fully Valued

The company’s Avitex Gold product has gained a positive response due to its good quality and double function for interior and exterior usage

BRI Danareksa Research