Top 10 Highest-Earning Public Companies in Indonesia in 2022

Market

Premium

Adi Ahdiat 02/05/2023 11:10 WIB

URL has been copied

Memuat...

In 2022, the Indonesian companies with the highest revenue were PT Astra International Tbk (ASII), followed by PT Telekomunikasi Indonesia (Persero) Tbk (TLKM), and PT Adaro Energy (ADRO).

Top 10 Highest-Earning Public Companies in Indonesia (2022)*

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Top 10 Highest-Earning Public Companies in Indonesia in 2022”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Top 10 Highest-Earning Public Companies in Indonesia (2022)*

Download

Source

A Small Font
A Medium Font
A Bigger Font

2022 marked Indonesia's economic recovery from the pandemic's impact. This is evident in the national economic growth figures, which rebounded to around 5% after a significant decline in 2020-2021.

Strong national economic growth in 2022 coincided with numerous issuers posting positive financial performance.

PT Astra International Tbk (ASII) recorded the highest revenue in Indonesia. Throughout 2022, ASII achieved consolidated net revenue of approximately Rp301.4 trillion, a 29% year-on-year (yoy) increase.

ASII also booked a net profit of Rp28.9 trillion in 2022. This represents a 43% (yoy) increase and is their highest profit in the last five years.

"The Group recorded its highest performance in 2022, reflecting a strong economic recovery and high commodity prices," said ASII President Director Djony Bunarto Tjondro in a press release (27/2/2023).

Following ASII, the next highest-revenue issuers were PT Telekomunikasi Indonesia (Persero) Tbk (TLKM) and PT Adaro Energy Tbk (ADRO).

Throughout 2022, TLKM, or Telkom Indonesia, generated revenue of Rp147.3 trillion. Meanwhile, the coal company ADRO recorded US$8.1 billion in revenue, or approximately Rp126.1 trillion (assuming an exchange rate of Rp15,567.5 per USD as of December 31, 2022).

Other companies among Indonesia's highest-revenue issuers in 2022 include PT Gudang Garam Tbk (GGRM), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT United Tractors Tbk (UNTR), and PT Hanjaya Mandala Sampoerna Tbk (HMSP).

Next in line are PT Indofood Sukses Makmur Tbk (INDF), PT Sumber Alfaria Trijaya Tbk (AMRT), the parent company of Alfamart, and PT Bank Mandiri (Persero) Tbk (BMRI), with revenue details as shown in the graph.

Editor : Adi Ahdiat

"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."