PT Xolare Rcr Energy Tbk
IIDX:SOLA74.00
IDR
-5.00
(-6.33%)
ISIN
ID1000204001
Return %
Stock
S&P 500
1Y
-44.36
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Nobel Tanihaha
- Full Time Employees
- 101
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Gedung Plaza Simatupang Jakarta JK Indonesia 12310
- IPO Date
- May 8, 2024
- Website
- xolare.co.id
- Similar Companies
- Business
- PT Xolare RCR Energy Tbk (SOLA.JK) operates as a holding company primarily engaged in asphalt trading, processing, and construction services in Indonesia. The company distributes penetration grade asphalt and bitumen under the XOLABIT brand; provides customized asphalt solutions including emulsified asphalt, polymer modified asphalt, natural rubber modified asphalt, coldmix, waterproofing products, and asphalt paint; and trades membrane asphalt products. It also offers engineering, procurement, and construction (EPC) services for gas steam, biomass, and solar PV power plants; installation, testing, and commissioning services; mechanical and electrical construction for switchyards, substations, industrial buildings, and pipelines; and supplies gas, oil, and biomass-fired boilers along with heat recovery steam generators. Founded in 2014 as a foreign investment company and headquartered at Gedung Plaza Simatupang, 6th Floor, Jl. T.B. Simatupang Kav. IS No. 01, South Jakarta, Indonesia, the company transitioned to a domestic investment company in 2019 and changed its name from PT RCR Energy Indonesia to PT Xolare RCR Energy Tbk in January 2022. Through subsidiaries such as PT Xolabit Bitumen Industri, PT Xolabit Bitumen Borneo, PT Aplikasi Bitumen Indonesia, PT Asphalt Polymer Emulsindo, PT Modifikasi Bitumen Sumatra, and PT Bumiraya Energi Hijau, it serves road construction, building construction, mining, industry, and electricity sectors across Indonesia. Recent developments include its initial public offering in May 2024, raising up to IDR 72.18 billion at IDR 110 per share to fund capital investments in subsidiaries; acquisition and restructuring of the aforementioned subsidiaries in 2022; securing a IDR 416.97 billion asphalt project contract in West Kutai, East Kalimantan; and ongoing civil road infrastructure projects including a IDR 49 billion road development contract.