ID Corporate Results: Growth & Yield Divergence

This season’s ID corporate results reveal a stark divide: while some sectors and players surge on strong revenue and profit growth, others struggle with deceleration and margin compression. The standout is TPIA, whose revenue skyrocketed 346.9% year over year, though EBITDA and net profit data are not available. Among more established names, CPIN (poultry) leads with revenue up 12.7% and net profit soaring 67.7%, while ANTM (mining) shows robust EBITDA growth of 60.1% and net profit up 59.9%. On the lagging side, ITMG (coal) saw revenue drop 18.4% and net profit plunge 49.0%, reflecting sector headwinds.

Revenue growth, biggest movers (YoY)

Accelerators and Decelerators

A few companies show notable shifts in momentum. INCO’s net profit growth accelerated sharply from +2.6% in the prior period to +31.7% currently, while its revenue growth also improved from -0.4% to +4.2%. Conversely, PGAS saw net profit deteriorate further, from -9.7% to -36.6%, and EBITDA turned from positive to negative, slowing from +3.8% to -5.7% in revenue growth. These divergences highlight the uneven recovery across industries.

Dividend yields remain a key focus for income investors. Among the highest yields are likely from coal and mining names, though specific yield data is not provided. Long-term growth stories are scarce: no company reports a 3-year revenue CAGR, but TPIA’s extraordinary revenue surge suggests a transformative event. Overall, the season underscores the importance of stock selection, with growth leaders in poultry and mining contrasting with laggards in coal and telecom.

Players: growth & yield (no absolute levels)