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. The Company managed to maintain a strong credit rating. In 2021, Moody’s upgraded the Company’s debt rating from Ba2 with a positive outlook to Ba1 with a stable outlook. This rating is one notch below Investment Grade. In addition, S&P 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 2,500 customers, consisting of 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.
Solid Management Team with Extensive Experience
Solid Management Team with Extensive Experience
The Company has a highly experienced management team with around 264 years of cumulative experience in the power sector and proven track record in management and business development.
Environmental, Social, and Governance (ESG)-Based Sustainable Business Growth
Environmental, Social, and Governance (ESG)-Based Sustainable Business Growth
Cikarang Listrindo is committed to managing and developing its business by upholding economic, environmental, social, and governance considerations. CFB boiler technology and biomass handling system enable us to utilize biomass fuel. The Company also continues to increase its service for providing solar energy. With the spirit of “Powering Goodness”, the Company strives to realize sustainable growth with all stakeholders for the future.
Publications
IDX Announcement
Nov 07, 2022
Monthly Report of Shareholder Register
Oct 31, 2022
Submission of Unaudited Interim Financial Statements
Financial Information
Financial Highlights
Net Sales
515.0
Million US Dollar
Total Assets
1,359.0
Million US Dollar
Profit for The Year
90.0
Million US Dollar
Dividend Yield
8.7
%* as per 2021
Press Release
Mar 02, 2023
PT Cikarang Listrindo Tbk Powering the Future
Listrindo Stock Information
IDX: POWR
Cikarang Listrindo Tbk
660
+10 (+1.53%)
HIGH
655
LOW
650
OPEN
650
CLOSE
660
VOLUME
1,633,500
FREQ
606
LAST UPDATE : Mar 21, 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 | |
---|---|---|---|
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 Macquarie Sekuritas Indonesia | Richard Danusaputra | +62-21-2598-8368 | [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] |
-
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 Macquarie Sekuritas Indonesia
Richard Danusaputra
+62-21-2598-8368
[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]