50 Best Of The Best Companies 2019
Forbes Indonesia|August 2019

The list celebrates 50 Indonesian high-performing public companies, all of which are champions in their own right.

50 Best Of The Best Companies 2019

WELCOME TO THE BEST OF THE BEST LIST 2019

The list, which is based from long-term fundamental performance of the companies, reflects the resiliency of Indonesian business and the country’s overall economy despite the challenging domestic and international economic condition.

1. UNILEVER INDONESIA 3

PERSONAL GOODS

MARKET CAP: RP 341.63 TN

NET INCOME: RP 9.02 TN

PT Unilever Indonesia engages in manufacturing, marketing and distributing fast moving consumer goods (FMCG). It has two operating segments: home and personal care, and food and refreshment.

2. BUKIT ASAM 1

MINING

MARKET CAP: RP 32.72 TN

NET INCOME: RP 4.71 TN

Established since 1919, PT Bukit Asam is a company engaged in coal mining and the energy sector, headquartered in Indonesia. As its effort to be an environmentally-friendly company, this year it is preparing solar power plant projects to start its business in renewable energy sector.

3. INDORITEL MAKMUR INTERNATIONAL 3

RETAIL MARKET CAP: RP 42.55 TN

NET INCOME: RP 373.13 BN

Formerly known as PT Dyviacom Intrabumi, Indoritel is an investment holding company focusing mainly on the consumer and retail industries in Indonesia. They own a 40% share in Indomaret, the largest minimarket operator in Indonesia by number of stores, as well as 25.77% share in Nippon Indosari Corpindo. Indoritel also owns a 35.84% share in PT Fast Food Indonesia, which owns exclusive operating rights to KFC restaurants in Indonesia.

5. PAKUWON JATI 5

REAL ESTATE INVESTMENT & SERVICES

MARKET CAP: RP 34.67 TN

NET INCOME: RP 2.70 TN

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