Midi Utama Indonesia - Maintaining Momentum with Solid SSSG and Store Expansion and Repurposing
Post 9M24 result, we estimate ~Rp33bn sunk cost and have revised our FY24/25F NP by 14.5%/8.5%, resulting in flat FY24 NP but +30% yoy in FY25.
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Midi Utama Indonesia : Maintaining Momentum with Solid SSSG and Store Expansion and Repurposing
Post 9M24 result, we estimate ~Rp33bn sunk cost and have revised our FY24/25F NP by 14.5%/8.5%, resulting in flat FY24 NP but +30% yoy in FY25.
242 Views
Midi Utama Indonesia - Strong 1H24 Earnings Bolster FY24 Guidance
MIDI set higher FY24 SSSG, revenue and net profit guidance following strong 1H24 earnings, while aiming to reduce losses at Lawson in 2H24.
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Midi Utama Indonesia - Tapping into Local Demand
The urban active lifestyles trend has driven consumers’ seeking daily necessities locally, benefiting MIDI as the biggest supermarket chain
203 Views
IDX30/LQ45/IDX80 Index Rebalance: Large Flows in Some Stocks with 4 Days to Implementation
There are 2 constituent changes each for the IDX30, LQ45 and IDX80 indices to be implemented at the close on 31 Oct. There are stocks with multiple...
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