External broker reports(aggregated public sources), MNC Sekuritas

MNC Sekuritas

MNC Sekuritas, the first wholly-owned subsidiary established by the Group back in 1989, provides a complete range of services, from equity, fixed income, investment banking to providing research to optimize clients’ investments. Thus far, the company has more than 140 points of sales with over 100,000 clients. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>AUTO reported total revenue of IDR19.1tn in FY24, reflecting a modest increase of 2.3% YoY, in line with our/consensus estimates at 99.5%/99.6%.</li><li>The manufacturing division recorded revenue of IDR10.1tn, contracting by -3.9% YoY, primarily due to a decline in revenue from the original equipment manufacturer (OEM) segment.</li><li>Meanwhile, the trading division posted a solid growth of 10.3% YoY, reaching IDR8.9tn.</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>

AUTO reported total revenue of IDR19.1tn in FY24, reflecting a modest increase of 2.3% YoY, in line with our/consensus estimates at 99.5%/99.6%.The manufacturing division recorded revenue of IDR10.1tn, contracting by -3.9% YoY, primarily due to a decline in revenue from the original equipment manufacturer (OEM) segment.Meanwhile, the trading division posted a solid growth of 10.3% YoY, reaching IDR8.9tn.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.

AUTO IJ - Balancing Domestic Slowdown with Export Growth and Diversification

Astra Otoparts

AUTO IJ - Balancing Domestic Slowdown with Export Growth and Diversification