Indonesian Materials Strong Balance Sheet Stocks

Central Omega Resources

Market Cap: Rp2.2t

Engages in the mineral mining business in Indonesia.

Saraswanti Anugerah Makmur

Market Cap: Rp3.5t

Engages in the production and distribution of non-subsidized NPK Fertilizers in Indonesia.

OBM Drilchem

Market Cap: Rp162.8b

Operates as a manufacturer and provider of specialty drilling fluid additives to the drilling industry in Indonesia and internationally.

Paperocks Indonesia

Market Cap: Rp221.5b

Manufactures and sells paper-based packaging products for food and beverages in Indonesia.

Indonesia Fibreboard Industry

Market Cap: Rp2.3t

Engages in the wood processing industry in Indonesia, Japan, the Middle East, and internationally.

Nusa Palapa Gemilang

Market Cap: Rp94.0b

Engages in manufacture and sale of primary macro nutrient compound fertilizers in Indonesia.

Indocement Tunggal Prakarsa

Market Cap: Rp18.8t

Manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Madusari Murni Indah

Market Cap: Rp566.6b

Through its subsidiaries, engages in the production, distribution, trading, advisory, and brokering of various organic and non-organic chemical and non-chemical products in Indonesia.

Pantai Indah Kapuk Dua

Market Cap: Rp180.7t

Operates as a property developer in Indonesia.

Chemstar Indonesia

Market Cap: Rp93.5b

Engages in the manufacturing and trading of chemicals for the textile and other industries in Indonesia.

SINAR TERANG MANDIRI

Market Cap: Rp2.0t

PT SINAR TERANG MANDIRI Tbk engaged in mining services, with capabilities that include mining planning, mining infrastructure construction, and mining operations.

Saranacentral Bajatama

Market Cap: Rp199.8b

Engages in manufacturing and trading of steel products in Indonesia.

Wijaya Cahaya Timber

Market Cap: Rp298.1b

Manufactures and sells plywood and veneer wood products for industrial and residential needs in Indonesia.

Darmi Bersaudara

Market Cap: Rp12.0b

Primarily engages in the trading of processed wood products in Indonesia, India, and Nepal.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp18.8t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Alumindo Light Metal Industry

Market Cap: Rp282.4b

Manufactures and sells flat rolled aluminum products in Indonesia, the United States, Asia, Europe, Australia, and the Middle East.

Pelangi Indah Canindo

Market Cap: Rp73.9b

Manufactures and sells metal containers in Indonesia.

Merdeka Battery Materials

Market Cap: Rp38.9t

Engages in the mining and processing of nickel, cobalt, and other mineral deposits in Indonesia.

Impack Pratama Industri

Market Cap: Rp17.9t

Manufactures and distributes plastic building materials in Indonesia and internationally.

Indah Kiat Pulp & Paper

Market Cap: Rp35.2t

Engages in the manufacture of cultural paper, pulp, tissue, and industrial paper in Indonesia, Asia, the United States, Australia, the Middle East, Africa, and Europe.

Gunung Raja Paksi

Market Cap: Rp2.3t

Produces and sells steel and steel products.

Adhi Kartiko Pratama

Market Cap: Rp2.1t

Operates as a nickel ore mining company in Indonesia.

Krakatau Steel (Persero)

Market Cap: Rp2.6t

Engages in the production and trading of iron and steel products in Indonesia and internationally.

Green Power Group

Market Cap: Rp163.3b

Distributes steel products and related products in Indonesia.