We attended AKRA NDR and met with foreign investors...

POWER AND UTILITIES AKR Corporindo AKRA AKRA JK AKRA IJ Jupriadi Tan David Tjahjadi

COMMODITY Chandra Asri Pacific TPIA TPIA JK TPIA IJ Michael Wildon Nizam Syafik

AMMN operates one of the world's most strategic...

METALS AND MINING Amman Mineral Internasional AMMN AMMN JK AMMN IJ Michael Wildon Nizam Syafik

Indonesia is revising PP 19/2025 to increase mining...

METALS AND MINING Indonesia Commodity Michael Wildon Ng Nizam Syafik

1Q26 revenue of USD95mn (+1% q-q, +37% y-y) came in...

OIL AND GAS CHEMICALS ASIA Surya Esa Perkasa ESSA ESSA JK ESSA IJ Michael Wildon Ng Nizam Syafik

1Q26 revenue of USD1,044mn (-20% q-q, -10% y-y) accounted for...

COAL Adaro Andalan Indonesia AADI AADI JK AADI IJ Michael Wildon Ng Nizam Syafik

ANTM announced its 1Q26 results that were well above...

METALS AND MINING Aneka Tambang ANTM ANTM JK ANTM IJ Michael Wildon Ng Nizam Syafik

ARNA posted 1Q26 results below our expectation...

CONSTRUCTION MATERIALS Arwana Citramulia ARNA ARNA JK ARNA IJ Gerald Hugo Felix Justin

AKRA posted 1Q26 results in line with our...

POWER AND UTILITIES AKR Corporindo AKRA JK AKRA IJ

Overall results were in line with consensus and ahead of...

Commodity Energy Mega Persada ENRG ENRG JK ENRG IJ Michael Wildon NG Nizam Syafik

FY25 revenue was flat y-y at 101%/104% of our...

OIL GAS CHEMICALS ASIA Medco Energi Internasional MEDC MEDC JK MEDC IJ Michael WIldon Ng Nizam Syafik

We expect TAPG to book higher production growth in 2026...

AGRI-RELATED Triputra Agro Persada TAPG TAPG JK TAPG IJ Sandy Ham Samuel Christian

ENRG delivered solid exploration and production results...

COMMODITY Energi Mega Persada ENRG ENRG JK ENRG IJ Michael Wildon Nizam Syafik

The construction of EMAS’ heap-leach operation...

METALS AND MINING Merdeka Gold Resources EMAS EMAS JK EMAS IJ Michael Wildon Ng Nizam M Syafik

As of late January 2026, Newcastle coal price...

COAL Indonesia Coal Michael Wildon Ng Nizam Syafik