Company PT Indah Kiat Pulp & Paper Tbk

INKP

ID1000062201

Paper Products

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-04-22 pm EDT			5-day change	1st Jan Change
9,725 ^IDR	-1.27%		+1.57%	+16.82%

Mar. 27	PT Indah Kiat Pulp & Paper Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Indah Kiat Pulp & Paper Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Business Summary

PT Indah Kiat Pulp & Paper Tbk is an Indonesia-based company, which is engaged in manufacturing of cultural paper, pulp, tissue, and industrial paper. The Company operates through two segments: cultural paper and pulp, and industrial paper and tissue products. The cultural paper and pulp products segment consist primarily of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consist primarily of linerboard, corrugating medium, corrugated shipping containers and boxboard. It has production facilities in three locations, such as Perawang-Riau, Tangerang, and Serang-Banten. Its products are distributed in both domestic and various foreign markets. The Company's subsidiaries include Indah Kiat International Finance Company B.V., Indah Kiat Finance Mauritius Limited, Indah Kiat Finance (IV) Mauritius Limited, IK Import & Export Limited, Indah Kiat Finance (VIII) Mauritius Limited, Imperial Investment Limited, and others.

Number of employees: 11,000

Sales per Business

IDR in Million	2022	Weight	2023	Weight	Delta
Cultural Paper and Pulp 68.3 %	37,949,845	63.8 %	36,172,516	68.3 %	-4.68%
Industrial Paper, Tissue and Others 31.7 %	21,498,199	36.2 %	16,815,765	31.7 %	-21.78%

Sales per region

IDR in Million	2022	Weight	2023	Weight	Delta
Asia 42.4 %	21,551,964	36.3 %	22,488,969	42.4 %	+4.35%
Indonesia 40.8 %	26,527,033	44.6 %	21,620,158	40.8 %	-18.50%
Europe 4.4 %	3,580,132	6.0 %	2,340,215	4.4 %	-34.63%
Middle East 4.3 %	2,308,261	3.9 %	2,291,461	4.3 %	-0.73%
America 4.3 %	3,771,652	6.3 %	2,282,216	4.3 %	-39.49%
Africa 2.6 %	1,481,793	2.5 %	1,398,128	2.6 %	-5.65%
Australia 1.1 %	227,210	0.4 %	567,135	1.1 %	+149.61%

Managers

Managers	Title	Age	Since
Hendra Jaya Kosasih CEO	Chief Executive Officer	63	86-12-31
Suhendra Wiriadinata DFI	Director of Finance/CFO	55	11-06-23
Antonius Kurniawan Lokananta AUD	Comptroller/Controller/Auditor	53	16-09-19
Kurniawan Yuwono AUD	Comptroller/Controller/Auditor	54	11-06-23
Djohan Gunawan SAM	Sales & Marketing	55	10-06-28
Heri Santoso Liem SEC	Corporate Secretary	54	16-12-31
Agustian Rachmansjah Partawidjaja LAW	General Counsel	71	03-06-29
Didi Harsa-Tanaja PRN	Corporate Officer/Principal	75	88-12-31

Members of the board

Members of the board	Title	Age	Since
S. H. M. H. Ramelan BRD	Director/Board Member	78	07-06-28
Pande Putu Raka BRD	Director/Board Member	80	07-09-05
Sukirta Mangku Djaja BRD	Director/Board Member	66	14-06-25
Saleh Husin CHM	Chairman	60	17-06-11
Kosim Sutiono BRD	Director/Board Member	54	17-06-11
Rizal Affandi Lukman BRD	Director/Board Member	62	21-08-25
Andrie Setiawan Yapsir BRD	Director/Board Member	64	21-12-31

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,470,982,941	2,375,878,243 ( 43.43 %)	0	43.43 %

Shareholders

Name	Equities	%	Valuation
PT Purinusa Eka Persada 55.54 %	3,038,477,898	55.54 %	1 835 M Rp
Widjaja Family 1.919 %	105,000,000	1.919 %	63 M Rp
PT Manulife Aset Manajemen Indonesia 0.2133 %	11,671,900	0.2133 %	7 M Rp
PT Cakrawala Mega Indah 0.2022 %	11,059,595	0.2022 %	7 M Rp
PT Wirakarya Sakti 0.1900 %	10,395,200	0.1900 %	6 M Rp
JPMorgan Asset Management (Singapore) Ltd. 0.1249 %	6,832,200	0.1249 %	4 M Rp
State Street Global Advisors Ltd. 0.1049 %	5,737,015	0.1049 %	3 M Rp
Sjunde AP-fonden 0.1006 %	5,504,600	0.1006 %	3 M Rp
Dimensional Fund Advisors Ltd. 0.0662 %	3,624,462	0.0662 %	2 M Rp
Swedbank Robur Fonder AB 0.0525 %	2,870,500	0.0525 %	2 M Rp