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WTON: Superior 4Q17 Performance
07 Mar 2018


2017 Inline Result – Superior 4Q17 Performance

The company’s revenue and net profit grew by 54% YoY and 23.5% YoY reached to Rp 5.4 trillion and to Rp 337.1 billion which came in line with our expectation which covered by 106% and 97% to our 2017 forecast of Rp 5.1 trillion in revenue and Rp 347 billion in net profit, respectively.Currently, the share price was still traded below its average PER – 1stdev of 15.44x which translated an attractive valuation, hence, we maintain our BUY rating for the counter.

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