Daily BriefsIndonesia

Daily Brief Indonesia: Prodia and more

In today’s briefing:

  • Prodia (PRDA IJ) – Going Digital with Precision


Prodia (PRDA IJ) – Going Digital with Precision

By Angus Mackintosh

  • Prodia is the leading diagnostics company in Indonesia, with over 40% market share as the most trusted brand in the country, given accreditation from the College of American Physicians.
  • The company was a huge beneficiary of all the testing over COVID with the result of a post-pandemic correction but sales should see a strong 2H2023 with more like-for-like comparisons.
  • Prodia (PRDA IJ) remains one of our top healthcare picks in Indonesia, with rising health consciousness driving higher demand for testing. Valuations are extremely attractive versus Indian peers. 

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