Mayora Indah - Expect 1Q24 Sales Momentum to Continue
We expect strong 2Q24 top line to continue (from low base in 2Q23); Apr24 YTD sales indicated to still see strong double-digit growth.
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Mayora Indah (MYOR IJ) - Attractive FY24F Growth on Stronger Sales & Sustainable Margins
Following MYOR’s 9M23 earnings beat, we slightly raise our FY23-25F forecast and TP to IDR3,500 (from IDR3,300 prev.) as we expect MYOR will...
561 Views
Mayora Indah (MYOR IJ) - Benefiting from higher margins
In 2H23, the top line should remain solid supported by export markets and the period ahead of the elections. We revise up our FY23 earnings by...
530 Views
Mayora Indah (MYOR IJ): Maintain Higher Margins to Boost FY23 Earnings
Amid this year’s Ramadhan period, MYOR has witnessed solid growth starting in 1Q23. Combined with lower input costs and higher ASP from last year,...
537 Views