Yuanta Indonesia Morning Journal - 21 Feb 2019

ECONOMY
• Slow start in state budget

INDUSTRY
• Crude palm oil producers ramp up production

CORPORATE
• Menara Sarana (TOWR IJ) indicative result FY18
• Smartfren (FREN IJ), no immediate M&A
• Phapros (PEHA IJ) booked net income attributable to shareholders of IDR 132.3 bn
• United Tractors (UNTR IJ) achieved all its operational target in FY18
• Semen Indonesia (SMGR IJ) booked 2.4Mt domestic and 211Kt export sales volume in Jan-18
• Three top banks to fund Salim Group’s hydropower plant