공시 • Apr 09
PT Toba Pulp Lestari Tbk, Annual General Meeting, May 22, 2026 PT Toba Pulp Lestari Tbk, Annual General Meeting, May 22, 2026. Reported Earnings • Nov 05
Third quarter 2025 earnings released: US$0.003 loss per share (vs US$0 in 3Q 2024) Third quarter 2025 results: US$0.003 loss per share (further deteriorated from US$0 in 3Q 2024). Revenue: US$28.1m (down 12% from 3Q 2024). Net loss: US$3.81m (loss widened 462% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Oct 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Joni Supriyanto was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jun 12
Allied Hill Enterprise Ltd. acquired 92.42% stake in PT Toba Pulp Lestari Tbk (IDX : INRU) from Pinnacle Company Limited. Allied Hill Enterprise Ltd. agreed to acquire 92.42% stake in PT Toba Pulp Lestari Tbk (IDX : INRU) from Pinnacle Company Limited on June 12, 2025. Under the terms, 1283.649894 million shares have been acquired. Public holds 105,233,389 units or 7.58% of shares of PT Toba Pulp Lestari Tbk.
Allied Hill Enterprise Ltd. completed acquisition of 92.42% stake in PT Toba Pulp Lestari Tbk (IDX : INRU) from Pinnacle Company Limited on June 12, 2025. 공시 • May 07
PT Toba Pulp Lestari Tbk, Annual General Meeting, Jun 13, 2025 PT Toba Pulp Lestari Tbk, Annual General Meeting, Jun 13, 2025. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: US$0 (vs US$0 in 3Q 2023) Third quarter 2024 results: EPS: US$0 (in line with 3Q 2023). Revenue: US$32.0m (up 1.7% from 3Q 2023). Net loss: US$677.0k (down 229% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.001 (vs US$0.008 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.001 (up from US$0.008 loss in 2Q 2023). Revenue: US$32.6m (up 25% from 2Q 2023). Net income: US$1.37m (up US$12.6m from 2Q 2023). Profit margin: 4.2% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. 공시 • May 09
PT Toba Pulp Lestari Tbk, Annual General Meeting, Jun 13, 2024 PT Toba Pulp Lestari Tbk, Annual General Meeting, Jun 13, 2024. Reported Earnings • May 01
First quarter 2024 earnings released: US$0.002 loss per share (vs US$0.003 loss in 1Q 2023) First quarter 2024 results: US$0.002 loss per share (improved from US$0.003 loss in 1Q 2023). Revenue: US$19.2m (up 34% from 1Q 2023). Net loss: US$2.82m (loss narrowed 41% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2023 earnings released: US$0.019 loss per share (vs US$0.015 loss in FY 2022) Full year 2023 results: US$0.019 loss per share (further deteriorated from US$0.015 loss in FY 2022). Revenue: US$95.7m (down 45% from FY 2022). Net loss: US$25.8m (loss widened 26% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (Rp1.35t market cap, or US$86.2m). New Risk • Nov 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risk Market cap is less than US$100m (Rp1.37t market cap, or US$87.1m). Reported Earnings • Nov 05
Third quarter 2023 earnings released: EPS: US$0 (vs US$0.003 in 3Q 2022) Third quarter 2023 results: EPS: US$0 (down from US$0.003 in 3Q 2022). Revenue: US$31.4m (down 22% from 3Q 2022). Net income: US$526.0k (down 86% from 3Q 2022). Profit margin: 1.7% (down from 9.3% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$0.008 loss per share (vs US$0.002 profit in 2Q 2022) Second quarter 2023 results: US$0.008 loss per share (down from US$0.002 profit in 2Q 2022). Revenue: US$26.2m (down 34% from 2Q 2022). Net loss: US$11.2m (down 476% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Apr 08
Full year 2022 earnings released: US$0.015 loss per share (vs US$0.001 profit in FY 2021) Full year 2022 results: US$0.015 loss per share (down from US$0.001 profit in FY 2021). Revenue: US$175.3m (up 19% from FY 2021). Net loss: US$20.5m (down US$21.2m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Rp965, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 5x in the Forestry industry in Indonesia. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 27% share price gain to Rp800, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 10x in the Forestry industry in Indonesia. Negligible returns to shareholders over past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Thomson Siagian was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Rp670, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 16x in the Forestry industry in Indonesia. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 30% share price gain to Rp730, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 15x in the Forestry industry in Indonesia. Total loss to shareholders of 12% over the past three years. Reported Earnings • Sep 06
Second quarter 2022 earnings released: EPS: US$0.002 (vs US$0.002 in 2Q 2021) Second quarter 2022 results: EPS: US$0.002 (in line with 2Q 2021). Revenue: US$39.7m (up 14% from 2Q 2021). Net income: US$2.98m (down 8.8% from 2Q 2021). Profit margin: 7.5% (down from 9.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Elisa Ganda Manurung was the last independent director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to Rp610, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 10x in the Forestry industry in Indonesia. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 18% share price gain to US$800, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Forestry industry in Indonesia. Total returns to shareholders of 16% over the past three years. Reported Earnings • Dec 30
Third quarter 2020 earnings released: US$0.004 loss per share The company reported a poor third quarter result with increased losses and weaker control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: US$32.3m (flat on 3Q 2019). Net loss: US$6.24m (loss widened 7.0% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 105% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Dec 29
New 90-day high: Rp1,070 The company is up 14% from its price of Rp940 on 01 October 2020. The Indonesian market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 36% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: Rp870 The company is up 5.0% from its price of Rp830 on 26 June 2020. The Indonesian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 36% over the same period.