Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Senior Credit Analyst, Lucror Analytics

Leonard Law, CFA

Senior Credit Analyst

Credit

<p><br />  Sritex’s H1/19 results were sound, as revenue growth (+16% y-o-y) beat expectations. The gross margin also recovered to 21% (FY 2018: 18%), as the bulk of sales growth came from the downstream garment segment. The upstream segments also reported slightly better profitability. Leverage metrics improved marginally on the back of higher earnings. The liquidity profile is adequate, and we view positively the company’s plans to proactively refinance its debts ahead of maturity. That said, cash flows were weak (continuing a trend from Q1), owing to working capital outflows and higher than expected capex. </p>

   Sritex’s H1/19 results were sound, as revenue growth (+16% y-o-y) beat expectations. The gross margin also recovered to 21% (FY 2018: 18%), as the bulk of sales growth came from the downstream garment segment. The upstream segments also reported slightly better profitability. Leverage metrics improved marginally on the back of higher earnings. The liquidity profile is adequate, and we view positively the company’s plans to proactively refinance its debts ahead of maturity. That said, cash flows were weak (continuing a trend from Q1), owing to working capital outflows and higher than expected capex. 

Sritex - Earnings Flash - H1 FY 2019 Results - Lucror Analytics

Sri Rejeki Isman

Sritex - Earnings Flash - H1 FY 2019 Results - Lucror Analytics