In today’s briefing:
- Unicharm Indonesia: 3rd Quarter Results: Bit Disappointing But
Unicharm Indonesia: 3rd Quarter Results: Bit Disappointing But
- Company incurred a loss of 90 bn Rupiah in 3rq quarter or loss of 21.6 Rupiah per share.
- Even though sales have declined for the first 9 months – inventory and receivables have increased indicating stress in working capital.
- GP Margin is flat, selling expense as %ge of sales have increased as we think company is pushing economy products to compete with local players and maintain market share
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