Indonesian Breakout Stocks

Elang Mahkota Teknologi

Market Cap: Rp84.3t

Through its subsidiaries, engages in the media, healthcare, and other businesses in Indonesia.

MSIG Life Insurance Indonesia

Market Cap: Rp35.9t

Provides life insurance products in Indonesia.

Sinar Mas Agro Resources and Technology

Market Cap: Rp19.7t

Engages in the producing and harvesting of oil palm trees in Indonesia.

Bank KB Indonesia

Market Cap: Rp16.0t

Provides commercial banking products and services to cooperatives in Indonesia.

Jhonlin Agro Raya

Market Cap: Rp9.9t

Engages in the oil palm plantation business in Indonesia.

TBS Energi Utama

Market Cap: Rp9.5t

Through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally.

Lippo Karawaci

Market Cap: Rp9.4t

Provides property development services in Indonesia.

Link Net

Market Cap: Rp8.4t

Distributes television programmes and high-speed internet services through its broadband communication network in Indonesia.

Bukit Uluwatu Villa

Market Cap: Rp7.4t

Develops environmentally friendly hotels and resorts in Indonesia.

Cahaya Aero Services

Market Cap: Rp5.5t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Eagle High Plantations

Market Cap: Rp4.9t

Engages in the oil palm industry and plantations in Indonesia.

Citra Borneo Utama

Market Cap: Rp4.8t

Engages in palm oil refining, separation/fractionation, and trading activities in Indonesia and internationally.

Remala Abadi

Market Cap: Rp4.2t

Operates as an internet service provider in Indonesia.

Sarana Mitra Luas

Market Cap: Rp4.1t

Engages in the forklift rental business in Indonesia.

Agro Bahari Nusantara

Market Cap: Rp4.1t

Together with its subsidiary, an aquaculture company, engages in the shrimp farming business.

Centratama Telekomunikasi Indonesia

Market Cap: Rp3.9t

Through its subsidiaries, leases and manages tower infrastructure and in-building DAS (distributed antenna systems) for cellular networks in Indonesia.

Acset Indonusa

Market Cap: Rp2.9t

Provides construction and related support services in Indonesia.

Bank Ganesha

Market Cap: Rp2.8t

Provides various general banking products and services for individuals and businesses in Indonesia.

Bank Victoria International

Market Cap: Rp2.5t

Provides banking products and services in Indonesia.

Humpuss Maritim Internasional

Market Cap: Rp2.4t

PT Humpuss Maritim Internasional Tbk., together with its subsidiaries, transports liquified natural gas, crude oil, fuel oil, chemicals, containers, coal, and other sea cargoes in Indonesia.

Sat Nusapersada

Market Cap: Rp1.9t

Provides electronic manufacturing services in Indonesia, Japan, Singapore, Taiwan, Hong Kong, Malaysia, France, and Italy.

Lovina Beach Brewery

Market Cap: Rp1.7t

Together with its subsidiary, produces, sells, and distributes alcoholic beverages in Indonesia.

PT. Bank Pembangunan Daerah Banten

Market Cap: Rp1.4t

Provides various banking services in Indonesia.

Maharaksa Biru Energi

Market Cap: Rp1.3t

An investment holding company, engages in the construction and renewable energy businesses in Indonesia.

Reliance Sekuritas Indonesia

Market Cap: Rp1.2t

Provides securities brokerage and underwriting services in Indonesia.

Waskita Beton Precast

Market Cap: Rp1.1t

Engages in the manufacture and sale of precast and ready-mix concrete in Indonesia.

Red Planet Indonesia

Market Cap: Rp1.1t

Engages in the hospitality business in Indonesia.

Jembo Cable

Market Cap: Rp1.0t

Manufactures and sells various wires and cables in Indonesia and internationally.

AirAsia Indonesia

Market Cap: Rp983.0b

Provides scheduled commercial air transport services in Indonesia.

GTS Internasional

Market Cap: Rp917.5b

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Pelayaran Nasional Bina Buana Raya

Market Cap: Rp856.4b

A shipping company, provides marine, logistics, and offshore support services in Indonesia.

Pakuan

Market Cap: Rp798.6b

Engages in the property development business for residential and commercial sectors in Indonesia.

Bakrieland Development

Market Cap: Rp783.4b

Operates as an integrated property company in Indonesia.

Berlian Laju Tanker

Market Cap: Rp647.7b

Provides shipping services for liquid cargo transportation in Malaysia and Indonesia.

PT. Polychem Indonesia

Market Cap: Rp610.6b

Engages in the chemical and polyester businesses in Indonesia, Asia, and Europe.

Cakra Buana Resources Energi

Market Cap: Rp608.1b

A shipping company, operates tug and barge vessels in Indonesia.