Premier Insight : ULTJ, is planning to maintain their prices for the near future
Friday, September 21, 2018       09:24 WIB

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PT Ultra Jaya ( IJ; Rp1,215; Not Rated) is planning to maintain their prices for the near future, despite the weakening of IDR. According to the company, they still have supplies of raw materials purchased before the weakening of IDR that will last them for another few months, so short term weakening of IDR should not affect their production cost. Many of the company's raw materials are imported, hence making them more expensive with the strengthening of USD. Despite this, the company is still optimistic of achieving double digit sales growth in FY18. (Kontan).

Sumber : IPS RESEARCH

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