- Business
- PT Sekar Bumi Tbk produces and sells frozen food products in Indonesia, operating primarily in the frozen value-added seafood and processed food segments. The company offers breaded shrimps, value-added shrimps, fish, squid and other seafood products; fish balls, shrimp balls, fish tofu, fish cakes, mini wontons and dim sum; sausages; shrimp and fish feed; cashew nuts, soybeans and other legumes; as well as raw shrimp and fish, with sales under the FINNA, SKB, Bumifood, Mitraku and Freshmar brands. Established in 1968 and headquartered at Plaza Asia, 21st Floor, Jl. Jend. Sudirman Kav. 59, South Jakarta, Indonesia, it exports to over 20 countries including the United States, various European nations such as the United Kingdom, France and Germany, and Asian markets like Japan, China, South Korea, Malaysia and Singapore; it also engages in supporting activities including trading, agriculture, shrimp pond cultivation, transportation, construction, services, printing and workshops. Recent developments include the acquisition of PT Sentra Budidaya Biotek, participation in the 2024 Trade Expo Indonesia, receipt of a Rp520 billion working capital credit facility from Maybank, and a turnaround to profitability with net income of Rp54.5 billion in the third quarter of 2025 versus a prior-year loss; the company maintains subsidiaries such as PT Bumi Pangan Asri, PT Bumi Pangan Utama, PT Sekar Bumi Industri and PT Bumifood Agro Industri under common management control. PT Sekar Bumi Tbk lists on the Indonesia Stock Exchange under the ticker SKBM.JK since its 1993 initial public offering and employs over 6,000 people with annual production capacity exceeding 45,000 tons.