- CEO
- Bona Budhisurya
- Full Time Employees
- 30
- Sector
- Consumer non-durables
- Industry
- Beverages: alcoholic
- Address
- Denpasar Selatan Indonesia
- IPO Date
- Oct 10, 2023
- Business
- PT Lovina Beach Brewery Tbk is an Indonesia-based beverage manufacturer and distributor specializing in the production, bottling, and marketing of artisanal craft beers and distilled spirits. Founded in 2010 and headquartered in Denpasar, Bali, Indonesia, the company operates brewing and distillation facilities serving on-premise and off-premise beverage markets across the Indonesian archipelago. PT Lovina Beach Brewery Tbk structures its commercial operations across key segments comprising craft beer brewing; distilled spirits and flavored alcoholic beverages; and commercial wholesale distribution. The company's core product portfolio includes craft beers under the flagship Stark Craft Beer brand, featuring variants such as Stark Wheat, Stark Dark Wheat, Stark Indonesian Pale Ale (IPA), Stark Mango Beer, Stark Lychee Beer, Stark 1945, and Stark Pilsener; distilled spirits and ready-to-drink alcoholic formulations under the Kaja brand and proprietary labels, encompassing craft vodka, gin, rum, and blended cocktail bases; and localized artisanal spirits tailored for the domestic and tourist hospitality sectors. Through its distribution subsidiary, PT Artha Mutiara Bangsa, the company manages supply chain, logistics, and wholesale operations delivering products to hotels, beach clubs, restaurants, cafes, supermarkets, and licensed specialty retail outlets across Bali, Greater Jakarta, Surabaya, and other major metropolitan and tourist hubs. In recent developments, the company completed its initial public offering on the Indonesia Stock Exchange under the ticker symbol STRK in October 2023, utilizing proceeds to expand production capacity, upgrade fermentation and distillation infrastructure, and support working capital requirements. PT Lovina Beach Brewery Tbk has subsequently scaled its distribution infrastructure across Java and Bali, broadened its product portfolio with new low-alcohol and ready-to-drink beverage lines, and forged strategic commercial alliances with domestic hospitality and modern retail chains to strengthen market penetration.