- Business
- PT Inti Agri Resources Tbk (IIKP.JK) is an Indonesia-based company engaged in the breeding, cultivation, distribution, and trading of Arowana fish, primarily super red Arowana marketed under the Shelook RED brand and green Arowana; it also offers related accessories and supporting components for Arowana care. The company operates through subsidiaries including PT Inti Kapuas International and PT Bahari Istana Alkausar, which handle breeding activities, with sales segmented into domestic markets in Indonesia and exports to international customers. Founded in 1999 and headquartered at Puri Britania T7 No. B27-29, Kembangan Selatan, West Jakarta, the company originally started as a plastics manufacturer before shifting to Arowana fish breeding in 2005 under the name PT Inti Kapuas Arowana Tbk and adopting its current name in 2008 to reflect expanded purposes in fisheries, trade, industry, and plantations. In recent developments, trading of its shares on the Indonesia Stock Exchange has been suspended, and it recorded a net loss of IDR 19.5 billion for full-year 2024, an improvement from IDR 34.7 billion in 2023, amid declining revenues primarily from Arowana sales and exports.