Jakarta, CNBC Indonesia – There are at least three shares of the issuer big cap or stocks with a market capitalization of more than IDR 100 trillion that have fallen since the first trading session today, Monday (22/3/2021). The weakening of the three continued in the second session this afternoon, at 13.43 WIB.
The three shares, namely PT HM Sampoerna Tbk (HMSP), PT Astra International (ASII) and Unilever Indonesia (UNVR).
At the close of the first session, the shares of cigarette issuer HMSP collapsed 2.61% to IDR 1,495 / share with a transaction value of IDR 97 billion.
In the second session, at 13.43 WIB, shares of issuers with market capitalization (market cap) This IDR 173.31 trillion has fallen 2.93% to the position of IDR 1,490 / share this afternoon. Foreigners were busy recording net sales of Rp 7.33 billion.
However, this stock still recorded an increase of 3.83% during the week and 8.76% in a month.
Meanwhile, referring to HMSP’s last financial report in the third quarter of 2020, the issuer which took the floor on the stock exchange in August 1990 recorded a net profit of Rp 6.91 trillion, 32.25% subsidence from the same period the previous year Rp.10.20 trillion.
The profit correction occurred in line with the decreasing income in the January to September period. The revenue of the cigarette producer Sampoerna Mild fell 12.55% to Rp 67.78 trillion from the same period in 2019 of Rp 77.51 trillion.
Meanwhile, the parent, Philip Morris International (PMI) Inc., also reported a decline in revenue in 2020 amid the Covid-19 pandemic. Last year, HMSP’s cigarette sales volume was also affected.
Referring to the press release, PMI noted that net income fell by 3.7% to US $ 28.69 billion or the equivalent of IDR 402 trillion (exchange rate of IDR 14,000 / US $) in 2020 from 2019, namely US $ 29.81 billion.
Meanwhile, operating profit fell 0.5 percent to US $ 11.69 billion or equivalent to Rp 164 trillion from US $ 11.76 billion the previous year. PMI’s cigarette sales volume in Indonesia also fell by 19.3% to 79.5 billion cigarettes from 98.5 billion cigarettes in 2019.
Thus, the market share (market share) HMSP fell 3.4% to 28.8% from the previous 32.2%.
The second stock, ASII, slumped 2.16% to Rp 5,650 / share during the first session. The ‘automotive king’ shares are still weakening at the level of Rp. 5,650 / share this afternoon. Foreign investors are listed as selling ASII shares this afternoon for Rp 65.44 billion.
Within a week, the stock with a market cap of Rp 229.74 trillion rose 2.26%, while in a month it collapsed 2.60%.
Previously, on February 26, 2021, ASII reported the company’s net profit drop 26% to IDR 16.16 trillion in 2020, compared to 2019 which was recorded at IDR 21.71 trillion.
The net profit above is calculated after including the profit from the sale of shares of PT Bank Permata Tbk (BNLI) amounting to Rp 5.88 trillion. Thus, without including the profit from the sale of these shares, the Astra Group’s net profit plunged 53% to Rp 10.3 trillion
The decrease in Astra’s net profit was due to a 26% decrease in net income to Rp 175.05 trillion from Rp 237.17 trillion in the same period.
Furthermore, shares of the giant retail issuer, UNVR, also shrank 0.74% to Rp 6,700 during the first session. This position did not change until 13.43 WIB. It was noted that the buying action by foreigners worth Rp 1.75 billion was not able to push the shares of the producers of various personal care products into the green zone.
Previously, this issuer with a market cap of Rp. 255.61 trillion reported that 2020 net profit was recorded to have decreased by 3.11% to Rp. 7.16 trillion, from Rp. 7.39 trillion in the previous year. The decline in net income was in line with the slight increase in income during the Covid-19 pandemic.
UNVR’s total net sales in 2020 reached IDR 42.97 trillion, up 0.12% from 2019 which is IDR 42.92 trillion.
CNBC INDONESIA RESEARCH TEAM
(adf / adf)
– .
