Bakrie & Brothers, established in 1951, is one of Indonesia's foremost corporations with a scope of business interests that spans infrastructure, telecommunication, media, and plantations. The company is an investment company linked to controversial politician and businessman Aburizal Bakrie. In Indonesian media, the company and some of its subsidiaries are portrayed as highly controversial because of debt woes and (corruption) scandals.
|Industry Sector||Trade, Services & Investment|
|Industry Sub Sector||Investment Company|
|Established||13 March 1951|
|Listed||28 August 1989|
|Listed Company Code||BNBR|
|Major Shareholders (>5%)||Credit Suisse Singapore (21.61%)
Mellon Bank; Mackenzie Cundill Fund (9.34%)
|Key Subsidiaries||Bumi Resources
Bakrie Sumatera Plantations
Bakrie International Finance Company B.V.
Bakrie Metal Industries
Bakrie Indo Infrastructure
Bakrie Energy International Pte. Ltd.
Stock Quote Bakrie & Brothers - BNBR:
Starting as a commodity trading company, Bakrie & Brothers developed into one of the biggest companies in the steel pipe industry. Later, it diversified its businesses and transformed into an investment company. Its investment portfolios are currently as follows:
Coal Mining; through Bumi Resources, Indonesia's largest coal miner by production volume and largest global thermal coal exporter, Bakrie & Brothers has a substantial stake in the country's mining sector. Apart from the coal segment, its business portfolios also include copper, gold, iron ore and coalbed methane (CBM).
Agribusiness; through Bakrie Sumatera Plantations, it taps the palm oil and rubber businesses.
Oil & Gas; through Energi Mega Persada, an upstream oil and gas company that has operations spanning a wide area of the Indonesian archipelago, Bakrie & Brothers holds a stake in the country's oil & gas sector.
Telecommunications; through Bakrie Telecom, it taps Indonesia's telecommunications market.
Property; through Bakrieland Development, Bakrie & Brothers has a stake in the development of various city property projects, housing areas, hotels and resorts in Indonesia, as well as in other infrastructure and related property businesses.
Metal; through Bakrie Metal Industries, Bakrie & Brothers holds a stake in the production of a broad product mix, including a complete range of steel pipes and fabrications, engineering and construction services, corrugated steel, building materials and cast iron products.
Infrastructure; through Bakrie Indo Infrastructure, the company holds various infrastructure assets in the country and invests in infrastructure projects, including toll road construction, power plant, oil & gas and telecommunication.
Bakrie & Brothers Financial Highlights:
|Gross Profit (loss)
|Net Profit (loss)
|Net Profit per
in billion IDR rupiah, except otherwise indicated
¹ in IDR rupiah
Source: Bakrie & Brothers, Annual Report 2015
Bakrie Tower Floor 35, 36, 37
Jalan H.R. Rasuna Said
Jakarta - 12920
Phone: +62 21 9363 3333
Fax: +62 21 520 0361