The list celebrates 50 Indonesian high-performing public companies, all of which are champions in their own right.
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
Esta historia es de la edición August 2019 de Forbes Indonesia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 2019 de Forbes Indonesia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.