AUGUST 2017 FORBES INDONESIA | 311
INDORITEL MAKMUR
INTERNASIONAL^1
MARKET CAP: RP 34.89 TN
NET PROFIT: RP 410.86 BN
2
LINK NET^1
MARKET CAP: RP 16.20 TN
NET PROFIT: RP 818.56 BN
3
PEMBANGUNAN PERUMAHAN^3
MARKET CAP RP 18.54 TN
NET PROFIT RP 1.02 TN
4
PLAZA INDONESIA
REALTY^1
MARKET CAP RP 14.56 TN
NET PROFIT RP 713.52 BN
5
CIPUTRA DEVELOPMENT^2
MARKET CAP RP 22.92 TN
NET PROFIT RP 861.76 BN
6
JAPFA COMFEED INDONESIA^3
MARKET CAP RP 16.32 TN
NET PROFIT RP 2.06 TN
7
BUMI SERPONG DAMAI 6
MARKET CAP RP 34.16 TN
NET PROFIT RP 1.79 TN
8
MEDIA NUSANTARA
CITRA^5
MARKET CAP RP 25.55 TN
NET PROFIT RP 1.37 TN
9
SILOAM INTERNATIONAL
HOSPITALS^1
MARKET CAP RP 13.43 TN
NET PROFIT RP 85.90 BN
10
SUMBER ALFARIA TRIJAYA^4
MARKET CAP RP 29.07 TN
NET PROFIT RP 601.59 BN
11
BANK TABUNGAN NEGARA^1
MARKET CAP RP 25.69 TN
NET PROFIT RP 2.62 TN
12
BANK OCBC NISP^1
MARKET CAP RP 20.39 TN
NET PROFIT RP 1.79 TN
13
JASA MARGA^4
MARKET CAP RP 38.29 TN
NET PROFIT RP 1.89 TNBumi Serpong Damai (BSD) is a real estate developer based in South Tangerang,
founded in 1984 and part of the Sinar Mas group. Its main project is BSD City, one of In-
donesia’s most ambitious urban planning projects. Composed of commercial, residential,
hotel, office and retail properties, BSD covers approximately 6,000 hectares of land. The
sprawling BSD City currently encompasses 1,400 hectares of land. BSD City emphasizes
environmentally friendly buildings, including the international award-winning Sinar Mas
Land Plaza. BSD’s master plan promises to complete development of the additional
4,700 hectares by 2035, with a planned multi-year expansion. One ambition is to create
a Silicon Valley inspired area within BSD. Envisioned as a space for startups, tech leaders
and digital communities, the project, dubbed the Digital Hub, will be completed by 2019.
Apple also recently announced plans to open a research and development center in the
Green Office Park area of BSD in October.THE LIST
- JAPFA COMFEED
INDONESIA^3
ANIMAL FEED
MARKET CAP: RP 16.32 TN
NET PROFIT: RP 2.06 TN
7. BUMI SERPONG DAMAI^6
PROPERTY
MARKET CAP: RP 34.16 TN
NET PROFIT: RP 1.79 TN
PT Japfa Comfeed Indo-
nesia is one of Indonesia’s
largest agri-food Compa-
nies that has been pro-
ducing vital animal feed
since 1975. Its business is
classified into three divi-
sions: poultry, aquaculture,
beef cattle. The company
is the second largest feed
and day old chick (DoC)
producer in Indonesia with
significant scale across the
value chain: 16 feed mills,
66 breeding farms and 24 hatcheries across Indonesia.
The poultry business (Feed, Breeding and Commercial
Farms) represents the majority of the Company’s revenue- with over 85% contribution – and profits. In 2016, Japfa
Comfeed Indonesia booked 8.15% growth in revenue
from Rp 25.02trillion to Rp 27.06 trillion while net income
improved 340.95% from Rp 468.23 billion to Rp 2.06 tril-
lion. Recently the company issued Rp 1 trillion of bond to
refinance its debts and working capital.
COURTESY OF BSD (2), REUTERS