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
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