bullish
AKR Corporindo (AKRA IJ) - A Winning Formula
303 Views27 Apr 2023 13:40
SUMMARY
- AKR Corporindo1Q2023 results demonstrated its resilience with its petroleum and chemicals division continuing to grow in 1Q2023 with the added kicker of a large land sale at JIIPE.
- The company's JIIPE Industrial Estate will become an increasingly important earnings contributor but chemical distribution will be driven by smelters and fuel by the BP retail JV at the margin,
- AKR Corporindo is an increasingly interesting proxy for the next stage of Indonesia's economic growth through its exposure to smelters through its chemicals business and the overall economy through fuel.
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Discussions
(Paid Plans Only)
- AKR Corporindo (AKRA IJ) - Chemicals, Copper, Gold, and Silver06 Sep 2023
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- AKR Corporindo (AKRA IJ) - A Winning Formula27 Apr 2023
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- AKR Results (AKRA IJ) - Fuelled by Smelters and Industry26 Jul 2022
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