PT Bumi Benowo Sukses Sejahtera Tbk
IIDX:BBSS61.00
IDR
-4.00
(-6.15%)
ISIN
ID1000155500
Return %
Stock
S&P 500
1Y
-81.74
14.20
3Y
-44.55
81.12
5Y
-4.69
68.34
Capital Structure
IDR
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in mil. unless spec.Working Capital
IDR
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in mil. unless spec.Growth Rates
IDR
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in mil. unless spec.Quarterly Revenue
IDR
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in mil. unless spec.Quarterly Earnings Per Share
IDR
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in mil. unless spec.Quarterly Dividends Per Share
IDR
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in mil. unless spec.Company Description
- CEO
- Felix Soesanto
- Full Time Employees
- 11
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Jl. WR Supratman No. 19 Surabaya JI Indonesia 60195
- IPO Date
- Apr 15, 2020
- Website
- bumibenowo.com
- Similar Companies
- Business
- PT Bumi Benowo Sukses Sejahtera Tbk PT Bumi Benowo Sukses Sejahtera Tbk engages in the development, construction, and sale of warehouses and shophouses within Indonesia's real estate sector, primarily focusing on the Bumi Benowo warehouse complex spanning approximately 30 hectares in the strategic border area of Surabaya and Gresik, East Java. The company offers modern standard warehouse units featuring double roofing, independent structures for maximum security and comfort, central closed-circuit television surveillance, integrated office spaces per unit, 24-hour security, wide 18-meter roads with extensive parking areas, and planned weighbridge facilities at the entrance gate; it also provides shophouses, land sales, and related real estate assets including houses, apartments, offices, undeveloped land, and investment properties. Operations target industrial users and investors seeking proximity to key infrastructure such as the Romokalisari toll gate (2 km away), Teluk Lamong Port (3 km away), Jalan Lingkar Luar Barat, and nearby industrial sites like PT Semen Gresik and PT Petrokimia Gresik, with geographic focus limited to Indonesia and membership in the Real Estate Indonesia (REI) association under registration NPA 03-01689. Founded in 1987 based on Notarial Deed No. 26 dated May 6, 1987, before the Ministry of Justice of Indonesia, the company is headquartered at Jl. W.R. Supratman No. 19, Surabaya, East Java 60264, Indonesia, and operates as a subsidiary of Agung Alam Anugrah (AAA) Group, a property-focused conglomerate; it listed on the Indonesia Stock Exchange in April 2020 following a name change from PT Firman Mercu Alam Film in October 2019 via Notarial Deed approvals culminating in the latest Articles of Association amendment on May 31, 2024 (Ministerial Decree AHU-AH.01.09-0209189 dated June 3, 2024). Recent developments include extending a working capital loan of Rp2 billion at 4.75% annual interest to related party PT Graha Makmur Tenteram on January 25, 2024 (Agreement No. 03/PU/BBSS-GMT/I/24, due January 24, 2025), with Rp1.8 billion outstanding as of December 31, 2024, and recorded interest income of Rp91.2 million; the company reports no warehouse unit sales in 2024 amid post-Covid marketing challenges, declining demand, tight competition, and economic instability, alongside five consecutive years of net losses (Rp907 million in 2024) and three years of negative operating cash flows, prompting three-year projections through 2027 for 10 unit sales and diversification into renting three warehouse units to customers.