BRI Crowned Indonesia's Largest Public Company

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Hari Widowati 24/05/2019 11:19 WIB

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BRI is Indonesia's largest public company and ranked 363rd on the Forbes 2019 Global 2000 list.

Indonesia's Six Largest Public Companies in 2019 (US$ billion)

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Indonesia's Six Largest Public Companies in 2019 (US$ billion)

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PT Bank Rakyat Indonesia Tbk (BBRI), along with five other Indonesian companies, is included in the Forbes 2019: Global 2000, a list of the two thousand largest public companies in the world. BRI is the largest public company in Indonesia and ranks 363rd globally.

Forbes used four indicators to determine the companies included in this list: assets, market value, revenue, and net profit. BRI's assets reached US$90.2 billion or Rp1,298.88 trillion (using an exchange rate of Rp14,400/US$). Meanwhile, its market value reached US$38.8 billion or Rp558.72 trillion.

BRI's revenue last year reached US$9.4 billion or Rp135.36 trillion. Its net profit amounted to US$2.3 billion or Rp33.12 trillion.

Besides BRI, the list includes PT Bank Mandiri Tbk (BMRI) at position 481 and PT Bank Central Asia Tbk (BBCA) at position 553. PT Telekomunikasi Indonesia Tbk (TLKM) is ranked 747th, PT Bank Negara Indonesia Tbk (BBNI) at position 835, and PT Gudang Garam Tbk (GGRM) at position 1,448.

(Read Databoks: Banks with the Largest Assets in Indonesia)

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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