Why Invest in Cikarang Listrindo

Pioneer Private Electricity Supplier in Indonesia

Pioneer Private Electricity Supplier 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 enabling the Company to perform interest and dividend payment to the bondholders and stockholders annually. In 2022, Moody’s and S&P re-affirmed the Company’s credit rating of Ba1 with a stable outlook and BB+ with a stable outlook, respectively. Both ratings are one notch below Investment Grade.

Diversified Industrial Customer Base and PLN

Diversified Industrial Customer Base and PLN

Cikarang Listrindo serves over 2,500 customers, consisting of multinational and big companies, diversified in various industrial sectors, including automotive, electronic, plastic, data centers, 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 in West Java and Indonesia

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

Cikarang Listrindo is the sole private electricity supplier to 5 (five) leading industrial estates in Cikarang area, which as an integrated area, is one of the largest and most developed industrial estate area in Indonesia. This allows the Company to capitalize on growing power consumption as the estates grow. Supported by the rapid increasing infrastructure development around the industrial estates and access to significant unutilized land for capacity expansion, the Company is enabled to develop in line with the growth of industrial areas.

Experienced Management Team, coupled with Excellent Operational Capabilities and Strong Maintenance Track Record

Experienced Management Team, coupled with Excellent Operational Capabilities and Strong Maintenance Track Record

The Company has world class generation facilities and a highly experienced management team with more than 250 years of cumulative experience in the power sector and proven track record in construction, management, maintenance, and business development.

Environmental, Social, and Governance (ESG)-Based Sustainable Business Growth

Environmental, Social, and Governance (ESG)-Based Sustainable Business Growth

Operational development and business growth focuses on ESG. Commitment to reducing emissions and developing renewable energy, bringing goodness to the society and implementing ASEAN-based GCG practices become the three main ways of how the Company operates to realize sustainable growth with all stakeholders for the future.

Publications

ANNUAL REPORT 2022

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SUSTAINABILITY REPORT 2022

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INVESTOR PRESENTATION 3M 2023

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PROSPECTUS 2016

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IDX Announcement

May 10, 2023

Appointment of Public Accountant and/or Public Accounting Firm

May 09, 2023

Summary Minutes of Annual GMS

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Financial Information

FINANCIAL STATEMENTS
MARCH 31, 2023

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Financial Highlights

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Net Sales

550.5

Million US Dollar

Total Assets

1,361.6

Million US Dollar

Profit for The Year

72.5

Million US Dollar

Dividend Yield

9.2

%

* as per 2022

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Press Release

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May 08, 2023

Annual General Meeting of Shareholders (AGMS) of PT Cikarang Listrindo Tbk

May 02, 2023

POWR Ready to Celebrate its 30th Anniversary with Better Performance

Apr 04, 2023

Cikarang Listrindo's Commitment to “Powering a Sustainable Future”

Mar 20, 2023

Supporting Electric Vehicles, Cikarang Listrindo Introduces EV Charging Stations in Industrial Area in Cikarang

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Listrindo Stock Information

IDX: POWR

Cikarang Listrindo Tbk

680

+5 (+0.74%)

HIGH

680

LOW

670

OPEN

675

CLOSE

680

VOLUME

3,930,700

FREQ

625


LAST UPDATE : Jun 08, 2023

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
Citigroup Securities Indonesia Rohit Thombre +91-22-4277-5180 [email protected]
PT Danareksa Sekuritas Niko Margaronis +62-21-2955-5888 [email protected]
PT Indopremier Sekuritas Hans Tantio +62-21-5088-7200 [email protected]
PT Korea Investment & Sekuritas Indonesia Edward A. Tanuwijaya +62-21-2991-1888 [email protected]
PT Mandiri Sekuritas Henry Tedja +62-21-526-3445 [email protected]
PT RHB Sekuritas Indonesia Fauzan L. Djamal +62-21-5093-9994 [email protected]
PT Stockbit Sekuritas Digital Theodorus Melvin +62-21-50959-330 [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 Sandy Ham +62-21-5098-5799 [email protected]
PT Verdhana Sekuritas Indonesia Kevin Karamoy +62-21-5098-5799 [email protected]
PT Yuanta Sekuritas Indonesia Chandra Pasaribu +62-21-318-9541 [email protected]

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