Analyst Research Report Snapshot

Title:

Express Transindo Utama - 2013 earnings: above our and consensus estimates

Price:

$35.00

Provider:

Bahana Securities

Date:

14 Mar 2014

Pages:

7

Type:

AcrobatPDF

Companies referenced:

TAXI.JK

Available for Immediate Download
Summary:

Bottom line support from FX gain: TAXI booked 4Q13 net profit of IDR37bn, +8.4% q-q and +103.4% y-y. This brought 2013 net profit to IDR133bn, +67.1% y-y, 5.4% higher than our estimate and 9.1% higher than the consensus estimate. We note that the FX gain of IDR22bn (+2,816.3% y-y) arising from the weak IDR supported 2013 bottom line

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