Bumitama Agri (BAL)

Results

Bumitama Agri reports 3QFY2024 net profit of IDR597.88 bil, 31.6% lower y-o-y

The group says it expects to see a better 4QFY2024 with an upturn in the production cycle and rising prices.
Analysts positive on Bumitama Agri after 2HFY2023 results, despite near term softness - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Bumitama Agri after 2HFY2023 results despite near-term softness

RHB, UOBKH and OCBC analysts have all kept their “buy” calls, with OCBC increasing its TP to 74 cents.

Broker's Calls

DBS lifts Bumitama Agri’s FY2023 earnings after 9MFY2023 earnings surpass expectations

Analyst William Simadiputra keeps his ‘buy’ call as he sees higher earnings prospects in FY2024 as well.

Results

Bumitama Agri’s 3QFY2023 net profit up by 33% y-o-y at IDR874 bil

9MFY2023 net profit fell by 27% y-o-y to IDR2.06 trillion.
Bumitama demonstrates resilience in adversity - THE EDGE SINGAPORE

Billion Dollar Club 2023

Bumitama demonstrates resilience in adversity

Bumitama continues to explore new technologies to assist its precision agronomy initiatives.

Results

Bumitama Agri reports earnings of IDR1.19 trillion for the 1HFY2023, down 45.4% y-o-y

The group is confident that it will see better results in the 2HFY2023.
Bumitama Agri’s 1QFY2023 results within expectations, RHB trims TP to 60 cents - THE EDGE SINGAPORE

Broker's Calls

Bumitama Agri’s 1QFY2023 results within expectations, RHB trims TP to 60 cents

Bumitama Agri may deliver better earnings in 2HFY2023 compared to 1HFY2023.

Results

Bumitama Agri’s 1QFY2023 earnings down by 51% to $38.7 mil from lower ASPs

Revenue for the 1QFY2023 fell by 8% y-o-y to 3.60 trillion IDR.
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