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 6M 2023

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PROSPECTUS 2016

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IDX Announcement

Jul 05, 2023

Monthly Report of Shareholder Register

Jun 05, 2023

Monthly Report of Shareholder Register

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Financial Information

FINANCIAL STATEMENTS
JUNE 30, 2023

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Financial Highlights

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Net Sales

550.5

Million US Dollar

Total Assets

1,362.0

Million US Dollar

Profit for The Year

73.0

Million US Dollar

Dividend Yield

10.1

%

* as per 2022

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Press Release

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Sep 22, 2023

Cikarang Listrindo Collaborates with the Government to Address Air Pollution Issues

Sep 21, 2023

PT Cikarang Listrindo Tbk repaid a bond debt of US$50,000,000

Aug 29, 2023

Cikarang Listrindo Targets 30 MWp Rooftop Solar Power Plant Capacity in Commemorating the Company's 30th Anniversary (This Press Release article is one of the series of Press Release commemorating the 30th Anniversary of the Company)

Aug 23, 2023

30 Years of Works by Cikarang Listrindo-Building Babelan Together (This Press Release article is one of the series of Press Releases commemorating the 30th Anniversary of the Company)

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Listrindo Stock Information

IDX: POWR

Cikarang Listrindo Tbk

755

-15 (-1.95%)

HIGH

775

LOW

750

OPEN

770

CLOSE

755

VOLUME

2,934,000

FREQ

555


LAST UPDATE : Sep 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 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 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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