bullish
Indocement (INTP IJ) - Increasing Reach, Reducing Costs, and Improving Sustainability
Angus has highlighted this Insight as a Top Pick
371 Views30 Nov 2022 10:23
SUMMARY
- Indocement Tunggal Prakarsa (INTP IJ) has had a tough year with rising energy costs prompting price increases which impacted demand but 3Q2022 saw a strong rebound in sales growth.
- Margins remained under pressure but increasing prices and the use of alternative fuels are helping to offset the impact of energy costs and more recently coal prices have been declining.
- Indocement continues to impress with its focus on sustainability, significantly beating on emissions and dust. Valuations look attractive versus history and with a potential recovery in earnings in 2023.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- The Week That Was in ASEAN@Smartkarma - SCMA's Reset, Metrodata, and Indocement's Alternative Edge.11 Apr 2023
- Indocement Tunggal Prakarsa (INTP IJ) - Building Through Sustainable and Digital Means06 Apr 2023
- The Week That Was in ASEAN@Smartkarma - Adaro Beyond Coal, Indocement, and SingTel Back in Favour?05 Dec 2022
- Indocement Tunggal Prakasa (INTP IJ) - Bulky Recovery in Place30 Sep 2021
- Indocement Tunggal Prakarsa (INTP IJ) - Bunkering Down for a Better Year31 Mar 2021
x