Daily BriefsIndonesia

Daily Brief Indonesia: Sumber Alfaria Trijaya Tbk Pt, Bharat Petroleum Corp and more

In today’s briefing:

  • Sumber Alfaria Trijaya (AMRT IJ) – The Digital Pantry of the Middle Classes
  • Weekly Wrap – 30 Jun 2023


Sumber Alfaria Trijaya (AMRT IJ) – The Digital Pantry of the Middle Classes

By Angus Mackintosh

  • Sumber Alfaria Trijaya (Alfamart) continues to book solid growth in its core mini-market business but is now pushing harder with both larger format Alfamidi and Lawson convenience stores formats.
  • 89%-Owned Midi Utama Indonesia (Alfamidi) recently announced a rights issue to finance the expansion of Alfamidi and Lawson underpinning its more aggressive expansion plans. 
  • Sumber Alfaria Trijaya booked solid 1Q2023 numbers for its core business and continues to grow its digital connections and collaborations as an integral offline leg of the digital economy. 

Weekly Wrap – 30 Jun 2023

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. Central China Real Estate
  2. Sino-Ocean Group
  3. China Jinmao Holdings
  4. Lifestyle International Holdings
  5. Geely Auto

and more…


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