Indonesia Consumer - 2Q25 results review: FMCGs’ bottoming-out phase
SH SC JWWe have been observing that middle-income-class consumers largely continue...
We have been observing that middle-income-class consumers largely continue...
Based on our market survey of FMCG producers, we believe that...
CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya
The government will launch six new major stimulus packages to boost consumption by this June...
We believe reducing the income gap between rich and poor is the ultimate goal...
Based on a same-store sales growth (SSSG) data trend comparison...
While top-line weakness was anticipated due to...
CONSUMER RELATED ACES ACES JK ACES IJ Jody Wijaya Sandy Ham Samuel Christian
AMRT started the year with a solid set of results...
CONSUMER RELATED AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian
Our industry survey indicated that MYOR’s 1Q25F...
CONSUMER RELATED MYOR MYOR JK MYOR IJ Sandy Ham Jody Wijaya Samuel Christian
AMRT’s sales growth in 2024 remained solid at +10% y-y,
CONSUMER RELATED AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian
We believe the middle-income class continues to prefer value-for-money FMCG products,
In this report, we analyze three crucial elements to determine our top picks in the Indonesia Consumer sector:
In our recent report, “Finding a second wind”, we highlighted ACES' ability to overcome significant challenges
Consumer Related ACES ACES JK ACES IJ Jody Wijaya Sandy Ham Samuel Christian
Concerns have arisen about AMRT's profitability margins following market speculation of potential changes to t
Consumer Related AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian
We believe the overall 3Q24 results were in line with our estimates. Historically,
Consumer Related AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian
We believe Mayora’s 3Q24F GPM will likely be lower than market expectation due to the full impact of higher co
Consumer Related MYOR JK MYOR IJ Sandy Ham Jody Wijaya Samuel Christian