Why Invest in Cikarang Listrindo

Pioneer Independent Power Producer in Indonesia

Pioneer Independent Power Producer in Indonesia

Since its operation in 1993, Cikarang Listrindo has positioned itself as a reliable partner for the 5 (five) major industrial areas of Jababeka Industrial Estate, MM-2100, East Jakarta Industrial Park, Hyundai Inti Development, and Lippo Cikarang, along with various industries operating in those areas.

Listed and Regular Dividend Paying Company

Listed and Regular Dividend Paying Company

Cikarang Listrindo is the first private power company listed on the Indonesian Stock Exchange with consistent returns to Shareholders.

Cikarang Listrindo managed to maintain a strong credit rating. In November 2020, Moody’s affirmed our rating of Ba2 with a positive outlook. S&P also affirmed our rating of BB+ with a stable outlook.

Diversified Industrial Customer Base and PLN

Diversified Industrial Customer Base and PLN

Cikarang Listrindo serves over 2,400 multinational and big companies and is diversified into various sectors, including automotive, electronic, plastic and others. The Company also supplies electricity to PLN under an Electrical Power Supply and Purchase Agreement.

Well-Positioned to Capitalize on Strong Growth in Electricity Demand from Industrial Estates and Fast-Developing Areas

Well-Positioned to Capitalize on Strong Growth in Electricity Demand from Industrial Estates and Fast-Developing Areas

Cikarang Listrindo is the sole private electricity supplier to 5 leading industrial estates (IE) in Cikarang area, which as an integrated area, is one of the largest and most developed IE areas in Indonesia. This allows the Company to capitalize on growing power consumption as the estates grow.

Well-Positioned for Growth to Capitalize on Opportunities of the National Electricity Industry in Indonesia

Well-Positioned for Growth to Capitalize on Opportunities of the National Electricity Industry in Indonesia

The Government’s encouragement to improve ease of doing business and investment for foreign and domestic investors opens up opportunities for Cikarang Listrindo to meet the industrial electricity needs serving the industrial areas.

Excellent Operational Capabilities and Strong Maintenance Track Record

Excellent Operational Capabilities and Strong Maintenance Track Record

Cikarang Listrindo’s operations are supported by the best equipment and a well-trained, in-house O&M organization.

Strong and Stable Management Team with Extensive Experience

Strong and Stable Management Team with Extensive Experience

The Company has a highly experienced management team with around 255 years of cumulative experience in the power sector and proven track record in management and business development.

Financial Highlights

Net Sales

466.0

Million US Dollar

Total Assets

1,343.0

Million US Dollar

Profit for The Year

75.0

Million US Dollar

Dividend Yield

7.9

%

* as per March 31, 2021

* as per 2020

Listrindo Stock Information

IDX: POWR

Cikarang Listrindo Tbk

655

-5 (-0.75%)

HIGH

670

LOW

655

OPEN

670

CLOSE

655

VOLUME

2,030,000

FREQ

675


LAST UPDATE : Jun 17, 2021

Analyst Coverage

Cikarang Listrindo is covered by the analyst listed below. Please note that any opinions, estimates or forecasts regarding Cikarang Listrindo's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Cikarang Listrindo or its management.

Brokerage Analyst Telephone Email
BCA Sekuritas Sandy Ham +62-21-2358-7222 [email protected]
Citigroup Securities Indonesia Rohit Thombre +91-22-4277-5180 [email protected]
PT Danareksa Sekuritas Niko Margaronis +62-21-2955-5888 [email protected]
PT Korea Investment & Sekuritas Indonesia Edward A. Tanuwijaya +62-21-2991-1888 [email protected]
PT Macquarie Sekuritas Indonesia Richard Danusaputra +62-21-2598-8368 [email protected]
PT RHB Sekuritas Indonesia Fauzan L. Djamal +62-21-5093-9994 [email protected]
PT UOB Kay Hian Sekuritas Benyamin Mikael +62-21-2993-3914 [email protected]
PT Valbury Sekuritas Indonesia Alfiansyah +62-21-2553-3600 [email protected]
PT Verdhana Sekuritas Indonesia Joko Sogie +62-21-318-9541 [email protected]

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