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7 June 2021 (closed)
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PT Cardig Aero Services Tbk (also known as CAS) is a leading Indonesian aviation and food services provider that has been in operation since 1984. CAS currently owns five subsidiaries that provide a wide range of services across the aviation support services, food solutions, and facility management.
Stock Quote Cardig Aero Services - CASS:
Cardig Aero Services provides a wide range of services across the aviation services and food solutions lines of business. The aviation support services include ground and cargo handling, aircraft cleaning services, ground support equipment, aviation security, airport special assistance as well as aircraft release certification, ramp handling and other support services such as lavatory, drinking water, ground power unit, air conditioning unit, air starter and other tooling.
The food solutions line of business comprises inflight catering, raw food trading and industrial catering services specialized in serving mining and oil & gas operations in remote locations, which includes facility management services including housekeeping, laundry, gardening, camp hire & construction, transportation, accommodation & beverages, warehouse and purchasing of quality and safe raw materials to meet HACCP (Hazard Analysis Critical Control Points) and ISO Standards.
The company’s operations cover 17 airports in Indonesia and involve over 40 clients, national and international airliners. CASS also served nine remote catering clients and 15 in-flight catering clients in 2014.
Most of the company's revenue originates from the aviation support services. However, in recent years the company has diversified its business model and in 2014 nearly a quarter of total revenue was generated by non-aviation support services.
Cardig Aero Services's Financial Highlights:
|Income before Tax||189.3||197.9||252.6||343.0||375.0|
|Earnings per Share¹||35||34||42||53||53||57|
|P/E Ratio (x)||-||11.9||17.4||15.5||23.6|
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Cardig Aero Services, Annual Report 2015 & Pefindo
Menara Cardig, 3rd Floor
Jalan Protokol Halim Perdanakusuma
Phone: +62 21 8087 7676
Fax: +62 21 8088 5001