10 Largest Companies in Indonesia 2010 (Forbes Magazine)
10 Largest Companies in Indonesia 2010
1. Telkom Indonesia
10 Largest Companies in Indonesia 2010 – Telecommunication services company owned by the Indonesian government was the biggest in Indonesia. Telkom is the best company in Indonesia, according to the size of Forbes, with ranked 684th in the list of world’s top 2000 companies. 10 Largest Companies in Indonesia 2010
Indonesia Telkom company has a market value amounting to 18 billion dollars for the stock exchange listing in the NYSE, U.S.. TELKOM shares as of December 31, 2008 are owned by the Indonesian government (52.47%) and public shareholders (47.53%). TELKOM shares are listed on the Indonesia Stock Exchange (BEI), the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and the Tokyo Stock Exchange, without recorded. Telkom share price on the Stock Exchange at the end of December 2008 amounted to Rp 6,900. TELKOM’s market capitalization value stocks at the end of 2008 reached USD 139.104 billion or 12.92% of market capitalization BEI.
With the achievement and recognition obtained by Telkom, of its market share, business portfolio, financial performance and growth potential in the future, TELKOM Indonesia become the best corporate model. 10 Largest Companies in Indonesia 2010.
Bank Central Asia and Bank Mandiri is Indonesia’s banks are recognized as the world’s best companies. Both banks have a wide range of ATM throughout Indonesia is ranked 796th in the list of world’s top 2000 companies in the Forbes 2010. 10 Largest Companies in Indonesia 2010
After recovering from the financial crisis of 1998 BCA took a major step with a public company in 2000. The IPO took place in 2000, by selling shares at 22.55% which comes from the divestment of IBRA. After the IPO, IBRA still control 70.30% of all shares of BCA. Offering shares to the two held in June and July 2001, with IBRA divesting an additional 10% of its interest in BCA.
Bank Mandiri was established on October 2, 1998, as part of bank restructuring program undertaken by the government of Indonesia. In July 1999, four state banks – Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo-merged into Bank Mandiri.
Each of the four legacy banks play an integral role in the development of the Indonesian economy. Until today, the bank continued the tradition for more than 140 years contributed to the banking industry and the Indonesian economy. 10 Largest Companies in Indonesia 2010.
Bank Rakyat Indonesia is one of the oldest banks in Indonesia. This bank has played an important role since its inception on December 16, 1895. Banks are now 114 years old was formally into PT. BRI (Persero) Bank’s focus is providing credit facilities to the class of small entrepreneurs.
This is partly reflected in the development of the distribution of KUK in 1994 amounted to Rp. 6419.8 billion which increased to Rp. 8231.1 billion in 1995 and in 1999 up to September amounted to Rp. 20 466 billion. In the year 2010 according to Forbes BRI is the world’s best companies who are in the order of 843. 10 Largest Companies in Indonesia 2010.
Established since 1946, BNI is formerly known as Bank Negara Indonesia, is the first bank founded and owned by the Indonesian Government. In 1992, BNI’s legal status and name changed to PT Bank Negara Indonesia (Persero), while the decision to become a public company realized through an IPO in the stock market in 1996. In the year 2010 according to Forbes BNI is the world’s best companies who are in the order of 1412. 10 Largest Companies in Indonesia 2010.
Earth is a coal mining company with the fastest growth in Asia and second fastest in the world. New coal reserves Earth resources is the largest in Indonesia. The company has business units include: Kaltim Prima Coal, Arutmin Indonesia, Gallo Oil, Enercorp Ltd.., Mauritania Earth U.S., Gorontalo Minerals, Citra Palu Minerals, Herald Resources Ltd., Darma Henwa, and Fajar Bumi Sakti. The company was ranked in 1533 than 2000 companies in the world. 10 Largest Companies in Indonesia 2010.
7. Bank Danamon
PT Bank Danamon Indonesia Tbk (Bank Danamon) was established in 1956 under the name of PT Bank Kopra Indonesia. In 1976 its name was changed to Bank Danamon Indonesia. Bank Danamon announced a net profit (consolidated) after tax of USD 2003 billion for the year ended December 31, 2005.
Bank Danamon also noted the credit growth of 22%, of which 54% of this growth is channeled to the Micro, Small and Medium Enterprises. The company was ranked in 1802 than 2000 companies in the world. 10 Largest Companies in Indonesia 2010.
In 2009 then State Gas Company recorded a brilliant achievement. Issuer coded this PGAS scored net profit up 881 percent compared to year 2008. In its financial report 2009-PGN booked net profit of Rp 6.223 trillion from the previous amount of Rp. 634 Billion. 10 Largest Companies in Indonesia 2010
The financial report was also mentioned that the sale of the company rose from Rp. 12.79 trillion in 2008 to Rp 18.02 trillion in 2009. The largest revenue contribution came from the distribution lines that reached Rp 16.380 trillion. As in, line, transmission of business, revenue increased to Rp 1.62 trillion from Rp 1.51 trillion. With these results, operating income was recorded PGN rose sharply from Rp 4.65 trillion in 2008 to Rp 7676 trillion in 2009. The company was ranked in 1915 than 2000 companies in the world.
Domination of the Company in domestic market share to 44.4% today, shows the outstanding reputation that reflects the strength of corporate and brand image of the Company. PT Semen Gresik (Persero) Tbk. is a company engaged in cement industry.
On July 8, 1991, Semen Gresik was listed on the Jakarta Stock Exchange and Surabaya Stock Exchange and is the first state to go public by selling 40 million shares to the public. The company is ranked 1977 from 2000 companies in the world. 10 Largest Companies in Indonesia 2010.
PT Bukit Asam (Persero) Tbk, for the year 2009 set a final dividend of Rp 1.228 trillion, ie 54 percent from net income the company financial year 2009 amounting to Rp 2.778 trillion. From these earnings, the management of CSR PTBA allocate funds for Partnership & Community Development each 2 percent of income, each amounting to USD 54.6 billion so that the total Rp 109 billion. Compared with fiscal year 2008 dividend of Rp 853.9 billion of total net profit of Rp 1.707 trillion, the PTBA dividend for 2009 fiscal year rose 43.8 percent. 10 Largest Companies in Indonesia 2010
edited by: twinqu.com