PT Bakrie & Brothers Tbk
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PT Bakrie & Brothers Tbk - overview
Established
1951
Location
Jakarta, -, Indonesia
Primary Industry
Financial Services
About
PT Bakrie & Brothers Tbk is an Indonesian conglomerate involved in various sectors, including infrastructure, agriculture, and telecommunications, focusing on enhancing operational efficiency and driving regional economic growth. Founded in 1951 in Jakarta, Indonesia, PT Bakrie & Brothers Tbk operates in infrastructure, agriculture, and telecommunications. The company is led by CEOs Anindya Bakrie, Daniel Utama, and Ronald Sinaga. It has evolved its business strategies over time but has no reported major pivots or changes.
The firm has established itself with a significant presence in Southeast Asia. Bakrie Brothers specializes in a diverse range of products and services that cater to various sectors, including infrastructure, agriculture, and telecommunications. Their core offerings are designed to enhance operational efficiency and drive economic growth in the regions they serve. In the infrastructure domain, the company provides construction and engineering services that support large-scale projects, while their agricultural initiatives focus on sustainable farming practices and food production.
Additionally, Bakrie Brothers has a significant presence in telecommunications, providing solutions that improve connectivity for both consumers and businesses. The company's customer base includes government entities, large corporations, and individual consumers primarily in Southeast Asia, with specific markets in Indonesia and Malaysia. In the most recent year, 2022, Bakrie Brothers reported a revenue of USD 244. 58 mn and an EBITDA of USD 15.
86 mn. The company generates revenue through diverse business transactions structured around B2B partnerships and direct-to-consumer sales. Their revenue streams are bolstered by contracts for infrastructure projects, which often involve long-term agreements with governmental and private sector clients. In telecommunications, the company utilizes subscription models, offering various pricing plans for services that cater to different user needs and consumption patterns.
The agricultural division engages in wholesale agreements with retailers and distribution partners to ensure widespread availability of their products, while also addressing direct consumer demands through specialized product offerings. These structured transactions allow Bakrie Brothers to maintain a robust financial framework as they navigate their diverse operational landscape.
Primary Industry
Financial Services
Sub Industries
Private Equity
Website
www.bakrie-brothers.com
Verticals
FinTech
Total Amount Raised
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PT Bakrie & Brothers Tbk - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 13,109,304,596,000 | 16,194,022,641,000 | 15,479,335,198,000 | 5,212,927,833,000 | 6,379,643,317,000 | 4,661,923,517,000 | 2,075,909,000,000 | 2,459,736,000,000 | 3,340,451,000,000 | 3,235,677,000,000 | 2,454,947,000,000 | 2,383,414,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 23.5% | (4.4%) | (66.3%) | 22.4% | (26.9%) | (55.5%) | 18.5% | 35.8% | (3.1%) | (24.1%) | (2.9%) | - | - | - |
| EBITDA (USD) | 2,206,977,652,000 | 3,174,310,755,000 | 1,784,747,394,000 | (9,205,924,619,000) | 993,650,261,000 | (1,021,936,169,000) | (419,546,000,000) | (83,446,000,000) | 105,855,000,000 | 157,706,000,000 | (264,147,000,000) | 36,761,000,000 | - | - | - |
| Operating Income (USD) | 975,859,962,000 | 1,760,305,740,000 | 1,727,769,531,000 | (9,335,217,719,000) | 871,044,643,000 | (1,103,871,751,000) | (443,944,000,000) | (99,985,000,000) | 84,147,000,000 | 137,669,000,000 | (279,104,000,000) | 24,246,000,000 | - | - | - |
| Operating Margin | 7.4% | 10.9% | 11.2% | (179.1%) | 13.7% | (23.7%) | (21.4%) | (4.1%) | 2.5% | 4.3% | (11.4%) | 1.0% | - | - | - |
| % EBITDA Margin | 16.8% | 19.6% | 11.5% | (176.6%) | 15.6% | (21.9%) | (20.2%) | (3.4%) | 3.2% | 4.9% | (10.8%) | 1.5% | - | - | - |
| NET Income (USD) | (6,998,143,813,000) | 131,875,515,000 | 354,875,216,000 | (12,723,293,795,000) | 149,525,664,000 | (1,719,369,171,000) | (3,661,618,000,000) | (1,198,994,000,000) | (1,250,213,000,000) | 863,270,000,000 | (930,325,000,000) | 98,323,000,000 | - | - | - |
| % Net Margin | (53.4%) | 0.8% | 2.3% | (244.1%) | 2.3% | (36.9%) | (176.4%) | (48.7%) | (37.4%) | 26.7% | (37.9%) | 4.1% | - | - | - |
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