PT Platinum Wahab Nusantara Tbk

PT Platinum Wahab Nusantara Tbk

IIDX:TGUK
90.00
IDR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Consumer services
Industry
Restaurants
Address
Tangerang Selatan Indonesia
IPO Date
Jul 10, 2023
Business
PT Platinum Wahab Nusantara Tbk is an Indonesia-based food and beverage retail and trading company that operates a network of quick-service beverage stalls, kiosks, and retail concepts primarily under the Teguk and Cemil.in brand names. Founded in 2018 and headquartered in South Tangerang, Banten, Indonesia, the company specializes in developing, manufacturing, and marketing accessible on-trend culinary offerings. The company's core product and service offerings comprise handcrafted ready-to-drink beverages, including boba and bubble teas, brewed milk teas, specialty iced coffees, artisan chocolates, fruit infusions, and coconut-series drinks; prepared snack foods and desserts, including croffles, grilled toast sandwiches, packaged savory snacks, cuangki, and soft-serve ice cream; wholesale food commodities, including the trading and distribution of frozen meat products; and comprehensive retail management, franchising, and licensing services delivered through its proprietary MOGRIM and Super Store partnership models. The company operates across Indonesia with a network of company-owned and partner-operated kiosks, and maintains international operations in the United States. In recent developments, PT Platinum Wahab Nusantara completed its initial public offering on the Indonesia Stock Exchange in July 2023 under the ticker symbol TGUK. The company has also strategically diversified its commercial operations by expanding into wholesale frozen meat trading, optimized its domestic retail footprint through store network rationalization and partnership conversions, and advanced its global expansion strategy through retail operations in New York and franchise development initiatives in Australia.