Investor Magazine's Top Performing Listed Companies 2014 in Indonesia
On Thursday (08/05/2014), the winners of the Investor Awards Best Listed Companies 2014, organized by Investor magazine, were announced. Five companies earned the predicate Top Performing Listed Companies 2014 due to the companies sound fundamental and technical performance (over the year 2013). These were Bank Rakyat Indonesia, Kalbe Farma, Tower Bersama Infrastructure, Pembangunan Perumahan, and Lippo Cikarang. These five companies were selected from a total of 493 listed companies on the Indonesia Stock Exchange (IDX).
Criteria for the award winners included actively traded stocks, significantly rising share prices, profitability, 300+ shareholders, equity of above IDR 50 billion (USD $4.3 million), and a good track record of accounting.
At the ceremony, Chairman of Indonesia's Financial Services Authority (OJK) Muliaman Hadad said “I am glad to see that amid Indonesia's slowing growth, these companies manage to weather the downturn. Although growth is slowing, I believe that we are heading toward a more stable type of economic growth."
Investor Magazine's Top Performing Listed Companies 2013:
Company | Sector |
Bank Rakyat Indonesia |
Finance |
Tower Bersama Infrastructure | Telecommunciation Infrastructure |
Kalbe Farma | Pharmaceuticals |
Pembangunan Perumahan | Construction |
Lippo Cikarang | Real Estate |
Investor Magazine's Top Performing Companies 2013 per Sector:
Company | Sector |
Malindo Feedmill |
Agriculture and Livestock |
Selamat Sempurna | Miscellaneous |
Wintermar Offshore Marine | Infrastructure |
Global Teleshop | Trade and Services |
Arwana Citramulia | Basic Industries |
Mayora Indah | Foods & Drinks |
Unilever Indonesia | Pharmaceuticals |
Pacific Strategic Financial | Investments |
Bank Negara Indonesia | Banking |
Kresna Graha Sekurindo | Securities |
Wijaya Karya | Property Construction |
Astra Graphia | Electronics |
Mandala Multfinance | Multi-finance |
Source: Investor Magazine