Bakrieland Development
PT Bakrieland Development Tbk is engaged in property development and property-related infrastructure. It is the first and largest superblock (53,5 Ha) developer in Jakarta (city property) and also manages residential and hotel & resort projects that are all located in prime areas. Bakrieland owns the largest development area and largest land bank in Jakarta's Central Business District (CBD). The company is connected to the politically-linked Bakrie & Brothers.
Profile
| Industry Sector | Property, Real Estate and Construction |
| Industry Sub Sector | Property and Real Estate |
| Established | 12 June 1990 |
| Listed | 30 October 1995 |
| Listed Company Code | ELTY |
| Listed Shares | 43,521,913,019 |
| Dividend | No |
| Major Shareholders (>5%) | CGMI 1 Client Safekeeping Account (10.41%) Syailendra Multi Strategy Fund I (6.59%) |
| Key Subsidiaries | Bakrie Swasakti Utama Bumi Daya Makmur Bakrie Pangripta Loka Graha Andrasentra Propertindo |
Stock Quote Bakrieland Development - ELTY:
Business Summary
Bakrieland Development is an Indonesian integrated property developer. The primary focus of Bakrieland is residential development for the middle and upper segments in various strategic and prestigious locations in Indonesia. Its has developed property projects in several areas across Indonesia including Jakarta, Bogor, Yogyakarta (Java), Batam, Lampung (Sumatra), Bali, Samarinda (East Timur). Some noteworthy property projects include a large superblock in Kuningan (Jakarta), the Bogor Nirwana Residence in Bogor (Java) and residential development in Sentul (Java).
Bakrieland Development's Financial Highlights:
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
| Net Revenues | 1,367.6 | 1,927.5 | 2,926.3 | 3,200.1 | 1,579.9 | 1,395.6 |
| Gross Profit | 669.3 | 924,9 | 1,607.8 | 1,764.3 | 772.1 | 694.7 |
| Net Income (loss) |
178.7 | (19.2) | (1,202.1) | (231.1) | 471.9 | (726.3) |
| Operating Profit |
241.7 | 286.4 | 785.0 | |||
| Total Assets | 17,064.2 | 17,708.0 | 15,235.6 | 12,301.1 | 14,706.7 | 14,688.8 |
| Total Liabilities | 6,582.7 | 6,805.8 | 6,071.4 | 5,135.7 | 7,105.0 | 8,015.7 |
| Earnings per Share (loss)¹ | 5,74 | 4,69 | (27,62) | (5,31) | 10,8 | (16,7) |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Bakrieland Development, Annual Report 2015
Location
Contact Details
Wisma Bakrie I, 6th & 7th Floor
Jalan H.R. Rasuna Said Kav. B-1,
Jakarta - 12920
Phone: +6221 525 7835
Fax: +6221 522 5063
Email: [email protected]
www.bakrieland.com