Tunas Baru Lampung
PT Tunas Baru Lampung Tbk is one of Indonesia’s leading producers of vegetable cooking oil. The company is part of the Sungai Budi Group, an Indonesia-based manufacturer and distributor of agricultural consumer products.
Profile
| Industry Sector | Agriculture |
| Industry Sub Sector | Plantation |
| Established | 22 December 1973 |
| Listed | 14 February 2000 |
| Listed Company Code | TBLA |
| Listed Shares | 4,942,098,939 |
| Dividend | Yes |
| Major Shareholders (>5%) | Budi Delta Swakarya (30.05%) Sungai Budi (28.63%) |
| Key Subsidiaries | - |
| Main Commodities |
|---|
Stock Quote Tunas Baru Lampung - TBLA:
Business Summary
The source of vegetable cooking oil is Tunas Baru Lampung's plantation in Lampung (South Sumatra). The company controls a land bank of more than 60,000 hectares, mainly used for oil palm plantation.
Tunas Baru Lampung's Financial Highlights:
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
| Net Sales |
2,951.1 | 3,731.7 | 3,805.9 | 3,705.3 | 6,337.6 | 5,331.4 |
| Gross Profit |
641.0 | 1,242.9 | 1,027.7 | 949.6 | 1,292.7 | 1,170.5 |
| Income before Tax |
324.4 | 539.9 | 311.1 | 119.1 | 562.4 | 263.2 |
| Net Profit | 246.7 | 419.1 | 241.6 | 84.4 | 433.5 | 197.0 |
| Total Assets |
3,651.1 | 4,244.6 | 5,197.6 | 6,212.4 | 7,328.4 | 9,283.8 |
| Total Liabilities | 2,490.5 | 2,637.3 | 3,438.1 | 4,428.9 | 4,874.6 | 6,405.3 |
| Earnings per Share¹ | 56,07 | 88,84 | 45,19 | 17,08 | 87,25 | 38,22 |
| Dividend per Share¹ |
10 | 6,5 | 15 | 7 | 12 |
in billion IDR rupiah, except otherwise stated
¹ in IDR rupiah
Source: Tunas Baru Lampung
Future Projection Tunas Baru Lampung's Financial Highlights:
| 2014 | 2015 | 2016F | 2017F | 2018F | |
| Net Revenue | 6,337.6 | 5,331.4 | 6,371.0 | 7,582.0 | 8,066.0 |
| Net Profit | 433.5 | 197.0 | 615.0 | 896.0 | 947.0 |
| EBITDA | 1,065.0 | 843.0 | 1,349.0 | 1,775.0 | 1,836.0 |
| P/E Ratio (x) | 14.4 | 31.6 | 10.1 | 6.9 | 6.6 |
| P/BV (x) | 2.5 | 2.2 | 1.8 | 1.5 | 1.3 |
in billion IDR, unless otherwise stated
Source: Maybank Kim Eng Securities (13/01/2017)
Location
Contact Details
Wisma Budi H.R. Floor 8-9
Rasuna Said Rd. Lot C-6
Jakarta - 12940
Phone: +62 21 521 3383
Fax: +62 21 5213 332
Email: cs@tunasbarulampung.com
www.tunasbarulampung.com