Perusahaan Gas Negara (PGN) is a government controlled gas firm that forms Indonesia's largest natural gas transportation and distribution company. It operates a distribution network that extends for 3,865 kilometers and a transmission pipeline network that measures 2,047 kilometers. PGN plays an important role in Indonesia's electricity production as it sells about 40 percent of its total sales volume to the country's power generation industry. It also forms one of the largest Indonesian companies in terms of market capitalization.
Update COVID-19 in Indonesia: 365,240 confirmed infections, 12,617 deaths (19 October 2020)
19 October 2020 (closed)
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Below is a list with tagged columns and company profiles.
Today's Headlines Company Profile
Indonesia Investments presents the updated company profile of PT Lippo Cikarang Tbk, a leading Indonesian property developer that started operations in the early 1990s with the development of the Cikarang township in Bekasi (West Java). This township includes both industrial and residential centers, complete with supporting infrastructure and public facilities on a 3,000 hectare-wide landbank. Similar to other Indonesian property developers, Lippo Cikarang has posted growing profits due to higher demand in the property sector.
Media Nusantara Citra (MNC) is Indonesia's leading integrated media company. It owns the most popular TV channel of Indonesia (RCTI) as well as two other free national channels (MNCTV and GlobalTV). The company also provides 16 Pay-TV channels which cover a whole range of genres. Most of its revenue is gained through advertisement on its TV channels. Apart from television, the company's supporting businesses include print & online media as well as radio.
Unilever Indonesia, a major consumer goods producer of Indonesia, plans to distribute IDR 2.54 trillion (USD $260.11 million) in final dividend to its shareholders. The dividend, which is equivalent to IDR 334 per share, will be paid out on 13 July 2013. Together with the company's interim dividend, which was paid out on 20 December 2012, Unilever Indonesia uses its full net income of 2012 (IDR 4.83 trillion) to please the shareholders. Unilever Indonesia Holding BV has an 85 percent stake in the company.
PT Nippon Indosari Corpindo Tbk is Indonesia’s largest producer of bread products and its the country's only bread producing company that is listed on the Indonesia Stock Exchange (IDX). The company has shown robust growth in recent years due to the increased consumption of bread products by Indonesia's expanding middle class. Nippon Indosari controls a 90 percent market share in Indonesia's mass production of bread products. Its Sari Roti line of bread is a well-known brand in Indonesia.
Indonesia Investments presents the updated company profile of Holcim Indonesia, Indonesia's third-largest cement producer. The company, part of the Swiss-based Holcim Group, provides a fully integrated range of cement types, concrete and aggregates to customers (mostly on Java). Indonesia's cement business has been booming in recent years and therefore Holcim is focused on expanding its production capacity through the construction of two Tuban plants. The company holds a 15 to 16 percent market share in Indonesia.
Indonesia Investments presents the updated company profile of Agung Podomoro Land, a leading Indonesian property development company. The company focuses on real estate development such as apartment complexes, shopping malls, and office towers. Most of its projects are located on Java, Indonesia's most populous island. Agung Podomoro group, its holding company, has been active in Indonesia's property business for over 40 years. Some of its landmark projects include Senayan City, Podomoro City, and Kuningan City.
Express Transindo Utama (TAXI), Indonesia's second largest taxi operator after the famous Blue Bird Group, is showing signs of aggressive expansion. In 2012, it became the first Indonesian taxi company ever to go public on the Indonesia Stock Exchange (IDX). It plans to expand its taxi fleet size from the current 8,000 units to over 15,000 by 2015. Regarding expected net profit in 2013, the company has mentioned a 50 percent increase from last year's IDR 79.2 (USD $8.2 million).
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