Bakrie & Brothers (BNBR) reported strong performance in the first nine months of 2019 with net profit of Rp342 billion against loss of Rp1.23 trillion in the corresponding period last year, thanks to improved sales revenues and margins. BNBR, however, only has a market capitalization of Rp1.04 trillion or 0.3 x equity as at Sept 30, 2019.To subscribe please click here