Daily BriefsIndonesia

Daily Brief Indonesia: Prodia and more

In today’s briefing:

  • Prodia (PRDA IJ) – Expanding and Digitally Remastered


Prodia (PRDA IJ) – Expanding and Digitally Remastered

By Angus Mackintosh

  • Prodia (PRDA IJ) FY2024 results reflect an impending recovery, with the company aggressively expanding its outlets by adding 73 over the year, and mostly lower cost points of collection. 
  • The company continues to roll out new tests, with more emphasis on esoteric testing, but also looking at routine testing. It will continue opening new outlets in 2025. 
  • Prodia also continues to expand its digital capabilities through U by Prodia for patients and Prodia for Doctors, and Prodialink. Valuations look attractive with Prodia trading on a low-single-digit EV/EBITDA,

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